AT A GLANCE
Real Estate

AT A GLANCE

Schneider Electric has opened its first Smart Distribution Centre in India, in Mumbai. The centre has been digitally transformed with Schneider Electric’s EcoStruxure architecture to be more energy-efficient and provide real-time access to information right across the supply chain; early r...

Schneider Electric has opened its first Smart Distribution Centre in India, in Mumbai. The centre has been digitally transformed with Schneider Electric’s EcoStruxure architecture to be more energy-efficient and provide real-time access to information right across the supply chain; early results from this digitisation initiative are showing expected energy savings of 10-12 per cent and an increase in logistics efficiency of 5 per cent at the site.On the occasion of Children’s Day, Vikram Solar organised a ‘Sit & Draw’ competition at The Heritage School, Kolkata, with an aim to increase awareness on Climate Change among school children; the theme was ‘Keep it Co2ol: Solar as a Solution for Climate Change’.On Home Safety Day, Godrej Locks unveiled its free Home Safety Assessment Programme through which citizens can measure the safety strength of their homes; the programme is part of the first year anniversary of its public awareness campaign #HarGharSurakshit.Grundfos India collaborated with Madras Chamber of Commerce & Industry to host the two-day ‘Making Chennai Water Positive’ conference as a gold sponsor, which was held in November, in Chennai. Xylos’ has launched its Design Centre in Mumbai; the centre will offer wooden floorings and wooden products for consumers. The product line-up includes: Green elements; earthly elements; engineered flooring, laminate series, decking and cladding series.

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Real Estate

Godrej Interio Powers Kerala Metro Projects

Interio by Godrej, a flagship furniture and turnkey solutions brand from the Godrej Enterprises Group, has expanded its presence in Kerala’s infrastructure development landscape by securing and executing projects worth more than ₹90 crore in Kochi. The portfolio includes a Rs 690 million Electrical & Mechanical (E&MVAC) work order from Kochi Metro Rail (KMRL) for Phase 2 of the Kochi Metro, along with the successful completion of a Rs 240 million design-and-build project for Kerala State Information Technology Infrastructure (KSITIL) at Kochi’s Infopark.Speaking on the milestone,..

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Technology

Gartner Recognises Newgen as Niche Player

Newgen Software, a global provider of AI-enabled end-to-end automation solutions, announced that it has been recognized as a Niche Player in the 2025 Gartner® Magic Quadrant™ for Business Orchestration and Automation Technologies (BOAT). The recognition reflects Newgen’s ability to execute and the completeness of its strategic vision.The Gartner report evaluated 20 global vendors to guide enterprises in selecting the right business process automation platform. According to Gartner, BOAT is a unified software platform that enables enterprise-wide automation through capabilities such as pro..

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Real Estate

Commercial Hubs Lead Amid Wider Diversification

India’s top ten office micro-markets continued to dominate absorption in Q3 2025, accounting for 70 per cent of total demand. However, their share has steadily declined from 82 per cent in Q3 2024 and 80 per cent in Q2 2025, reflecting a clear shift toward broader geographical diversification. Overall, these key markets recorded 13.9 million sq ft of absorption in Q3 2025—down 10 per cent year-on-year and 8 per cent sequentially—despite an increase in pan-India absorption.The diversification of demand is supported by improved intra-city connectivity, wider availability of Grade-A and sus..

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