Paint Wars: Are We Witnessing a Merged Color Palette?
The paint industry might be experiencing a shift towards a more unified approach, with Dulux’s recent shade card raising eyebrows. While details remain unclear, industry whispers suggest the possibility of a merged color palette, potentially involving multiple paint brands. This development comes amidst intense competition within the paint industry. Major
SAT Upholds Sebi Ban on Omaxe, Others
New Delhi, October 8, 2024: In a major setback for real estate developers Omaxe Group, BPTP Limited, and Parsvnath Developers, the Securities Appellate Tribunal (SAT) has upheld the Securities and Exchange Board of India’s (SEBI) order banning them from the securities market. The SAT dismissed the appeals filed by these
M3M Group Triumphs Over Debt, Sets the Stage for Future Growth
M3M Group, a prominent player in the National Capital Region (NCR) real estate market, has achieved a significant milestone by successfully clearing a substantial debt of ₹2,473 crore. This accomplishment is a testament to the company’s resilience and strategic approach to navigating the challenges posed by the pandemic and economic
India’s Grade A Warehousing Market Booms, Surpassing 45 Million Square Feet in 2024
New Delhi, October 5, 2024: India’s industrial real estate sector is witnessing a remarkable surge, with Grade A warehousing leasing set to exceed 45 million square feet in 2024. This significant milestone reflects the growing demand for modern, high-quality warehousing facilities driven by e-commerce, logistics, and manufacturing sectors. According to
Chennai Metro Expansion Gets Green Light: Phase-II to Add 118.9 km of Tracks
Chennai, India – October 4, 2024: The Chennai Metro Rail project has received a significant boost with the Central Government’s approval for Phase-II of the expansion plan. This crucial development will see the addition of a massive 118.9 kilometers of new metro lines, connecting various parts of the city and
CREDAI NCR Youth Wing Cricket Match: Fostering Brotherhood and Strengthening Bonds
Team Red Triumphs in CREDAI NCR YouthWing T-20 Cricket League On October 2, 2024, the CREDAI NCR YouthWing T-20 Cricket League concluded with an exciting final at Gaur City Cricket Stadium, where Team Red triumphed over Blue by 19 runs. Mayank’s rapid 37 runs and Lakshay’s all-around brilliance with 25
Max Estates’ Gurugram Project Breaks Records with ₹4,100 Crore Pre-Sales in Just 30 Days
Gurugram, India – October 2, 2024: Max Estates, a leading real estate developer, has achieved a remarkable feat with its latest residential project in Gurugram. Within a mere 30 days of launch, the project has garnered an impressive ₹4,100 crore in pre-sales, setting a new benchmark for the city’s luxury
Lavasa Creditors Lay Groundwork for Revival with Eligibility Criteria
A glimmer of hope has emerged for the revival of Lavasa, a stalled hill station project near Pune, India. The creditors committee, the group representing lenders owed money by the project, has established eligibility criteria for potential resolution applicants in a “Resolution 2.0” attempt. This move signifies a renewed effort
HDFC Lightens Credit Load with $717 Million Home Loan Sale
Mumbai, India: In a move aimed at streamlining its credit portfolio, HDFC Bank, a leading Indian lender, has offloaded a significant portion of its home loan portfolio. The bank sold approximately $717 million (₹60 billion) worth of home loans to a consortium of undisclosed state-controlled banks through private deals. This
Century Real Estate Achieves Phenomenal Pre-Launch Sales in Bengaluru
Century Real Estate has achieved a remarkable feat, selling luxury homes worth a staggering ₹450 crore during the pre-launch phase of its latest project in Bengaluru. This impressive accomplishment underscores the strong demand for premium residential properties in the city and the growing trust in Century Real Estate’s brand. The