Monday, 21 March 2022

Embassy REIT the First in India to Achieve a WELL Portfolio Score


The 14-acre integrated development at the heart of Worli is a flagship project of Birla Estates

Mumbai, Maharashtra, India – Birla Niyaara, the flagship project of Birla Estates Pvt Ltd, has received an overwhelming response and recorded sales of INR 1000 Crore booking value making it the most successful launch in MMR in the recent times. The 14-acre integrated development in Worli, South Mumbai's most sought-after neighborhood, has sold over 150 units till date in Phase 1.


Birla Niyaara is also one-of-a-kind in the luxury segment, being India's only USGBC LEED pre-certified platinum residential project making it one of Worli's landmark integrated developments.

Mr. KT Jithendran, CEO, Birla Estates said, “We are overwhelmed with the outstanding response for Birla Niyaara. The numbers, despite the 3rd wave of pandemic, is a testament to the strength of the Birla Brand as well as our philosophy of Life Designed that caters to consumer needs. Through Birla Niyaara, we promote sustainable living and offer an unrivalled lifestyle through best-in-class services, innovative amenities, and world-class design.”

 

Birla Niyaara

  • One of the largest integrated developments in south Mumbai spread across 14 acres
  • India’s only USGBC LEED precertified platinum residential project 
  • 3 bespoke clubhouses
  • Homes with column free interiors

 






The project is a mix of contemporary and modern high-rise living spaces, high-end retail, and fine office buildings, all imagined and designed by world-renowned architects Foster and Partners. Sasaki and Coopers Hill oversee the master planning and are detailing the landscape. The multi-tiered amenities, such as the hi-line experience, bespoke social, sports and children's clubs, and a themed garden landscape, are specially curated wellbeing spaces that encourage people to live an active and healthy lifestyle.
 
Birla Estates currently has five residential developments spread across MMR, Bengaluru, and NCR region. They will be launching new projects in each of these markets soon.

About Birla Estates


Birla Estates Private Limited is a 100% wholly owned subsidiary of Century Textiles and Industries Limited (CTIL), foraying into real estate. The initial focus of Birla Estates is leveraging the trust it enjoys, to make a difference in the sector and add value to the consumer through development of premium/higher mid-income residential housing. In the long term, the company is focused on developing world class residential, commercial and mixed-use properties and to be amongst the top real estate companies in India. Birla Estates will use a capital efficient, asset light model to source Joint Venture, ideally in Mumbai, MMR, Pune, Bangalore and NCR – which account for around 70% of the Pan India residential market – and develop the brand. The company’s focus on efficiency in design, customer centricity, sustainability and execution excellence will differentiate its offerings from those of its competitors. The company is headquartered at Mumbai and currently has regional offices in NCR and Bangalore. The business has a well-established commercial portfolio with 2 grade-A commercial buildings located in Worli, Mumbai with ~6 lakh square feet of leasable area. Birla Estates is working on developing the valuable portfolio largely owned by CTIL. These parcels are located in prominent micro-markets of Mumbai – Worli / Prabhadevi/Kalyan, Pune – Talegaon & Bangalore.

Wednesday, 9 March 2022

BHADRA Group Launches Boutique Luxury Homes - 'BHADRA LANDMARK - Jayanagar' in Bengaluru


Bengaluru, Karnataka, India – 
A fully integrated real estate company, BHADRA Group has launched a boutique luxury project ‘BHADRA LANDMARK – Jayanagar’, in one of South Bengaluru’s most beautiful, cosmopolitan residential areas. This is the newest addition in the Group’s existing bouquet of real estate projects in Bengaluru.

Speaking on the latest project, Mr. SARVESHAA S B, Managing Director, BHADRA Group said: "From the very beginning, we have been committed towards delivering finest quality construction while adopting technologies and processes that minimize the impact on the environment. Today, South Bangalore is the emerging hotspot for real estate investors due to its strong macroeconomic dynamics, solid infrastructure and return on investment. With our expertise in building luxury boutique homes and our innate passion for creating world-class spaces for our customers, we are well placed to cater to the demands of today’s customers who are ready to explore newer ways of modern living.”

Located at Jayanagar 4th Block, Bengaluru, this spacious boutique home residential project will ensure that each resident benefits from being part of a contemporary, stylish and exclusive development. It is strategically positioned within Bengaluru's up market areas.  
 
The unique design philosophy of ‘BHADRA LANDMARK- Jayanagar’ is reflective of both luxury and a commitment to sustainable living. Every home is remarkably designed to be distinctive, vibrant, while being part of an eco-conscious community. An array of AI-based devices at ‘BHADRA LANDMARK -Jayanagar’, makes this project safe, energy-efficient and sophisticated. Moreover, thoughtfully designed features such as customizable controls for lighting, temperature control and safety systems will enhance customer experience. This range of boutique homes also offers spacious living & dining areas, airy bedrooms, and excellent natural light and cross-ventilation amongst host of other amenities.
 
‘BHADRA LANDMARK- Jayanagar’ homes are ranging from 3 BHK (2000 sq. ft.) to 4 BHK (4000 sq. ft.) residential spaces with remarkable attention to detail. This residential project is in close proximity to various educational institutions, healthcare facilities, workspaces, business hubs, shopping and entertainment hotspots, hotels, places of worship, all of which comes at a starting price of Rs. 4.5 crores.

About BHADRA GROUP
 
BHADRA Group is a process driven fully integrated real estate and construction company in Bengaluru. It has over a decade of experience in developing premium living spaces with innovative intelligent design, smart finish, and sustainable practices. For more information, visit- www.bhadragroup.com 

Monday, 7 March 2022


Bengaluru, Karnataka, India –  
A fully integrated real estate company, BHADRA Group has launched a boutique luxury project ‘BHADRA LANDMARK – Jayanagar’, in one of South Bengaluru’s most beautiful, cosmopolitan residential areas. This is the newest addition in the Group’s existing bouquet of real estate projects in Bengaluru.

Speaking on the latest project, Mr. SARVESHAA S B, Managing Director, BHADRA Group said: "From the very beginning, we have been committed towards delivering finest quality construction while adopting technologies and processes that minimize the impact on the environment. Today, South Bangalore is the emerging hotspot for real estate investors due to its strong macroeconomic dynamics, solid infrastructure and return on investment. With our expertise in building luxury boutique homes and our innate passion for creating world-class spaces for our customers, we are well placed to cater to the demands of today’s customers who are ready to explore newer ways of modern living.”

Located at Jayanagar 4th Block, Bengaluru, this spacious boutique home residential project will ensure that each resident benefits from being part of a contemporary, stylish and exclusive development. It is strategically positioned within Bengaluru's up market areas.  
 
The unique design philosophy of ‘BHADRA LANDMARK- Jayanagar’ is reflective of both luxury and a commitment to sustainable living. Every home is remarkably designed to be distinctive, vibrant, while being part of an eco-conscious community. An array of AI-based devices at ‘BHADRA LANDMARK -Jayanagar’, makes this project safe, energy-efficient and sophisticated. Moreover, thoughtfully designed features such as customizable controls for lighting, temperature control and safety systems will enhance customer experience. This range of boutique homes also offers spacious living & dining areas, airy bedrooms, and excellent natural light and cross-ventilation amongst host of other amenities.
 
‘BHADRA LANDMARK- Jayanagar’ homes are ranging from 3 BHK (2000 sq. ft.) to 4 BHK (4000 sq. ft.) residential spaces with remarkable attention to detail. This residential project is in close proximity to various educational institutions, healthcare facilities, workspaces, business hubs, shopping and entertainment hotspots, hotels, places of worship, all of which comes at a starting price of Rs. 4.5 crores.

About BHADRA GROUP
 
BHADRA Group is a process driven fully integrated real estate and construction company in Bengaluru. It has over a decade of experience in developing premium living spaces with innovative intelligent design, smart finish, and sustainable practices. For more information, visit- www.bhadragroup.com 

Thursday, 3 March 2022


Japanese Kansai Nerolac Paints has acquired the entire 28th floor measuring 35,000 sqft at Marathon Group’s flagship project at Lower Parel, Marathon Futurex, for setting up its India Headquarters in a deal worth Rs. 85 Cr

Mumbai, Maharashtra, India – The Kansai Nerolac deal is one of several large ticket transactions that have happened at Marathon Futurex in the last few years, with Essel Group having purchased 2.2 lac sqft in a deal worth Rs. 400 Cr, IDBI Federal Life Insurance inking a deal worth Rs 111 Cr, and HPCL purchasing space worth Rs. 120 Cr. Marathon Futurex has emerged as a preferred destination for MNC's looking to set up their India Headquarters and is host to marquee names like L'Oreal, Diageo, Thomas Cook, and also large Indian companies like Zee, SBI Capital, and more.

 
Marathon Futurex is being developed in phases, with the Occupation Certificate received up to the 31st floor. The project has over 10 lakh sqft of operational spaces already, and 14 lakh sqft of total potential. Approximately 7000 office-goers work at Futurex. At a proposed height of 38 storeys, Futurex will be one of the tallest commercial projects in the country once completed. The project enjoys great connectivity - the monorail station, the western line railway station, and the central line railway station are all just a minute's walk from the project. 
 
"Amongst the key decision factors for the Kansai Nerolac team was the excellent connectivity the project enjoys, with easy access to public transport hubs and also via road to the Eastern and Western Express highways as well as to Navi Mumbai. The connectivity makes it easier to attract and retain talent from all over the city. The large columnless floor spans which result in higher efficiency and uninterrupted sea views were also a differentiating factor." said Mr. Samyag Shah, Director, Marathon Group.
 
Commercial real estate boom
 
The deal comes at a time when large commercial real estate transactions are gaining momentum again post the pandemic slump, with more organizations now returning to offices.
 
"In the last 18 months, we've clocked a revenue of over Rs. 200 Cr at Marathon Futurex. The demand for Grade A offices spaces remains robust," said Mr. Samyag Shah.
 
As per property consultants JLL's recent research, the commercial market in Mumbai has seen a resurgence in the second half of the year, with over 30lac sqft of leasing absorption in the second of 2021, after a muted first half which saw absorption of 8lac sqft.

About Marathon Group
 
Marathon Realty is a 52 year old real estate developer that has completed over 80 projects in Mumbai. The Group is currently developing several townships, affordable housing projects, commercial spaces, retail spaces and luxury residential projects with projects across the Mumbai Metropolitan Region.
 
Learn more at marathon.in