AT A GLANCE
Real Estate

AT A GLANCE

Hafele India has consolidated its appliances business under its global brand ‘Hafele Appliances’; the Hafele appliances showroom was recently inaugurated in Bengaluru.IEEMA members have committed to rapid restoration of electrical and power infrastructure in the cyclone affected...

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Hafele India has consolidated its appliances business under its global brand ‘Hafele Appliances’; the Hafele appliances showroom was recently inaugurated in Bengaluru.IEEMA members have committed to rapid restoration of electrical and power infrastructure in the cyclone affected areas in Odisha, and  have appointed a nodal officer in Bhubaneshwar to address the emergency needs of power infrastructure restoration work.IIFL Home Finance has signed a MoU with the Indian Green Building Council (IGBC) with a vision to provide sustainable green living for the affordable housing segment in India.Sunanda has been voted among the top five waterproofing brands in India in the 2018 The Experts’ Choice Rankings.About 77 million lamps to be distributed by 2019-end and 30 million street lights by 2020-end in Maharashtra, announced Kantilal B Umap, Director General, Maharashtra Energy Development Agency (MEDA-Pune), who was the chief guest at the LED Expo Mumbai 2019.Indus Net Technologies, along with CREDAI Bengal, hosted an event ‘Digital Success of Real Estate’ in Kolkata, which brought together the best of digital minds from technology, construction, real estate and facility management on one platform to share insights, case studies, and facilitate the exchange of ideas and innovation.Considering the vital role the logistics industry plays in the growth of the country, CII organised a conference on ’Standardisation in Logistics 2019 – A step Towards Accelerating Logistics Sector Growth’.Synchrony and Hyderabad Software Enterprises Association have set up two digital labs as part of the Disruptive Digital Intervention programme at government high schools in Manikonda and Yousufguda in the city, to help foster digital dexterity and provide state-of-the-art infrastructure in the schools.

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Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

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Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

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Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

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