Page 26 - Aneeka Chatterjee

56% of chief economists expect global economy to weaken in 2024: WEF report

The report indicates that the global economic prospects remain subdued and uncertain. Challenges include tight financial conditions, geopolitical rifts, and the rapid development of generative AI

Real estate players deploy AI, plug into AR and VR tech to boost sales

"Anarock used its AI/ML proptech solution ASTRA to boost primary housing sales by up to 15 per cent," says Anuj Puri, chairman, Anarock group

Budget 2024-25: Bringing high spirits home on alcobev players' wish list

The Perfect Pour, a Mumbai-based wine and spirits consulting firm, urges the Budget to focus on a unified ecosystem, standardised pricing, and GST

Retail malls see robust growth with addition of 3.1 million sq ft in Q4

Major Indian developers for retail malls indicated that rising demand, tight vacancies, investments, and buyer inclination, are among the significant reasons behind the robust growth

NYSE-listed Belden invests Rs 100 crore in innovation hub in Bengaluru

The Bengaluru centre holds significance as this is the first such centre in India, following the successful launch of CICs in Stuttgart, Germany; Santa Clara, California; Shanghai, China; and Chicago

Mixed-use real estate projects expand as buyers seek integrated lifestyle

Such properties have residential, commercial facilities and are near education and healthcare institutes

Share of GCCs in office transactions rose to 35% in 2023: Knight Frank

Experts suggest GCC investment in India is likely to grow in 2024 as well

Real estate players seek a host of benefits from the upcoming Budget

In 2023, the Indian real estate sector - both housing and commercial - witnessed a strong momentum fueled by demand, supply, and absorption

Godrej Properties buys 4-acre land parcel in North-West Bengaluru

The recent project by Godrej Properties is estimated to have a developable potential of approximately 0.7 million square feet of the saleable area

Residential realty momentum in 2023 strongest in decade as demand picked up

Latest Anarock Research data indicates that housing sales in the top seven cities have created a new peak in 2023, an all-time high

MICL Gr to invest Rs 50 cr for residential property redevelopment in Mumbai

The site is located at Mumbai's Pali Hill, the epitome of upscale living with scenic views, affluent residences, and a vibrant cultural scene, surrounded by lush greenery

Sirius, Adani to create JV, aims at transforming $175 bn digital economy

Sirius JV seeks deployment of cutting-edge Artificial Intelligence (AI), Internet of Things (IoT), and Secured Blockchain

Diageo India focuses on value over volumes business, says CIO Damodaran

Vikram Damodaran, Chief Innovation Officer (CIO), Diageo India, talks about the company's growth strategy and expansion plans, in an interview with Ayushman Baruah and Aneeka Chatterjee in Bengaluru

Biocon arm, Sandoz to distribute rheumatoid arthritis drug in Japan

BBL launched Hulio, a biosimilar version of Abbvie's blockbuster drug Humira, in the US in July

Return to office: Evolving corporate landscape redefines working space

As companies asked employees to return, demand for office spaces surged this year

Realty firm K Raheja Corp Homes sees strong buyer demand from West India

In addition, the company has plans to add more 2.5 million square feet to build on its existing 6.5 million square feet of saleable area, totalling about 9 million square feet during the rest of FY 24

Lowrise takes the high ground: Why it's a homebuyers' favourite choice

Investing in a villa at a prime location is seen as a financially prudent decision that provides appreciation and stability in the long run

Housing sales value to top 38%, cross Rs 4.5 trillion in 2023: Report

Sales value in nine months of 2023 exceeds that recorded in the whole of last year: Anarock Group

German firm TÜV SÜD invests 15 mn euros in lab test facility in Bengaluru

TÜV SÜD has 2,500 employees in India out of its total global headcount of over 30,000 employees. In India alone, the company recorded revenues of Rs 500 crore this year

AI to Cloud: With eye on the future, smart office boom grows louder

Smart office buildings, which incorporate features such as smart desks, motion sensors, and indoor digital maps, may grow up to 30% in five years