Kalpataru Launches Commercial Project, Kalpataru Summit on LBS Marg, Mulund, Mumbai

 

Mumbai, Maharashtra, India:

Kalpataru has launched Kalpataru Summit, a Grade-A commercial project in Mulund (West) in Mumbai. The project offers over 400 compact and mid-size offices, besides retail spaces with a choice of area options ranging between 450 square feet and 1000 square feet.

When complete it will be one of the tallest commercial towers in Mulund West. The project is expected to be ready for possession by June 2026.

Located on the arterial LBS Marg which connects residential neighborhoods from Ghatkopar to Thane, Kalpataru Summit offers easy access, shorter commute time and the opportunity to work near home.

The project is designed by architect Kiran Kapadia and P Landscape Architects. It comprises full glass facade tower, double height air-conditioned main lobby, 3-tier security with Radio-Frequency Identification (RFID) system and boom barriers at the checkpoints and 9 levels of car parking. Kalpataru Summit is also registered with the Indian Green Building Council for new building rating which encompasses parameters such as Sustainable Architecture and Design, Site Selection and Planning, Water Conservation, Energy Efficiency, Sustainable Building materials and resources, Indoor Environmental quality and Innovation and Development.

The project’s luxury office spaces with amenities and facilities will enable entrepreneurs and business owners move up the aspirational value chain.

Mulund (West) is transforming at an unprecedented pace. Improvement in infrastructure and connectivity with upcoming office spaces for IT, manufacturing and commercial sectors are factors driving the area’s growth. Mulund (West) also has a well-established social infrastructure comprising choice of recreational avenues, restaurants, cafes, hospitals and educational institutions.

Kalpataru has developed several properties in the commercial realty space, such as Kalpataru Square which was Asia’s first Platinum LEED Certified building for Core and Shell by US Green Building Council.

Lodha Enables High Quality Homes for Every Indian, Locks Interest Rate at 6.99 Percent

 

Homebuyers can save ~ 1.5% on the existing home loan rates while investing in the world’s finest developments

Mumbai, Maharashtra, India – Lodha, India’s no.1* real estate developer, announces to enable homes at a great interest rate of 6.99% till 2024, providing a benefit of ~1.5% on the existing home loan rates. Through this initiative, Lodha aims at insulating homebuyers, from the subsequent increase in repo rates, and the anticipated increase in home loan interest rates. The financial support provided by this initiative will enable aspiring homebuyers to own their dream abodes and have a better life.

 
Commenting on the initiative, Raunika Malhotra, President – Marketing and Corporate Communications, Lodha said, “We believe that every Indian deserves a high quality home with finest living experience. With this initiative, we strive to make their dream of having a great home possible. The ‘interest locked’ initiative will give stability to the Indian buyer for the next 24 months and cover their home loans upto 1.5%. The last two years saw a dip in rates, with this initiative we aim at ensuring continued lowest rates in about over a decade for the discerning home-buyers. We want to enable a more fulfilled life for Indians despite the dynamic landscape, and build on our promise of building a better life by doing greater good.”
 
“Moreover, as a major contributor to the country’s GDP and wealth-generating asset for citizens, the real estate sector plays a pivotal role in overall economic growth. RBI today increased limits on individual housing loans, which is a testimony to the growing demand of homes and furthers the possibility of investing in high quality homes, being today’s consumer top priority,” added Raunika Malhotra.
 
Emphasizing the proposition of buying a home at the lowest interest rate, Lodha’s new initiative provides an opportunity to not only maximize gains amidst the increasing home prices but also double up the savings for end-users with the ongoing additional 1% off on stamp duty for women homebuyers.
 
Most recently, this initiative of fixing the interest rate until 2024 has been crafted after observing an increasing demand for financial support by homebuyers; thereby empowering them to own a high-quality home now and secure their future.

*By Cumulative Residential Sales for FY 2016-2022

About Lodha
 
Lodha is among the largest real estate developer in India that delivers with scale since 1980s. Core business of Lodha Group is residential real estate development with a focus on affordable and mid-income housing. The Group also has a growing industrial & logistics park business where in a short span of time, it has scaled up and made its mark with JVs already signed with marquee investors. Lodha Group has delivered more than 85 million square feet of real estate and is currently developing ~95 million square feet under its ongoing and planned portfolio. The Group has approximately 4400 acres of land beyond its ongoing and planned portfolio which will be utilized in developing further Residential, Commercial and Industrial & Logistics spaces. Thriving at building the world’s finest developments, Lodha has created several iconic landmarks across the MMR notable among which are The World Towers, LodhaAltamount, Lodha Park, Lodha New Cuffe Parade and Palava City.

Biggest Launch: Dosti Planet North - Sector 3 by Dosti Realty Who Has Transformed Shil Thane into a Lifestyle Living Destination

Mumbai, Maharashtra, India – 

•  Following the success of Dosti Planet North Phase 1, 2, 3, and 4 with 2147 homes sold till date, Dosti Realty launches Dosti Planet North - Sector 3

•  2 towers Dosti Amber and Dosti Sapphire launched offering 1, 2, and 3 BHK homes of various sizes 

Dosti Realty, a trendsetter in the real estate segment, has announced the launch of a new sector - Sector 3 at their project Dosti Planet North in Shil Thane. The Dosti Planet North development is now a famous landmark that transformed the Shil Thane skyline and continues to do so by pushing the benchmarks of lifestyle and luxury.
 
Out of the 4 towers in Dosti Planet North – Sector 3, two towers have been launched namely Dosti Amber and Dosti Sapphire offering 1 BHK, 2 BHK, and 3 BHK homes of various sizes designed to suit individual tastes across different investment preferences. This sector has been designed with 4 independent towers which will lead residents to enjoy maximum sunlight and cool breeze by way of the wind tunnel/ funnel effect on top of the podium. Further, the box shape structure ensures maximum light and ventilation. Many of the apartments also enjoy breath-taking views of an open skyline with hills in the backdrop. Keeping in line with the philosophy of Dosti Realty where the brand always pushes its existing benchmarks, the finishes used across the apartment in this new sector are more premium from flooring to tiling to even the frames used in the kitchen and bathrooms. Almost every element within the apartment is a notch higher.
 
Those who purchase in Sector 3 also have the added advantage of access to over 25 plus amenities subject to the applicable charges. Within Sector 3 there are a host of indoor and outdoor amenities. The outdoor spread across the ground and podium level includes Box Cricket, Badminton Court, Outdoor Gym, Basket Ball, Lawn Area, Outdoor Gym, Resting Plaza, Skate Wall, Hop Scotch – Play Area, Toddlers Play Area, Reflexology Path, Kid’s Play Area and Jogging Path. While the indoor recreational amenities include Fitness Centre / Gymnasium, Creche, Table Tennis, Pool Table, Carrom, and Chess. Additionally, there is also a luxurious private clubhouse - Dosti Club Royale* adjacent to the project that hosts various conveniences including an Indoor Swimming Pool and Kids Pool, Gymnasium, Multi-Purpose Room, Table Tennis, Snooker, Chess and Carom Room, Squash Court, Steam Room, Jacuzzi Room and Multipurpose Sports Court with the backdrop of a refreshing environment.
 
Dosti Planet North – Phase 3 also has a host of green features for sustainable living. Some of them include rainwater harvesting, a sewage treatment plant, solar panels for hot water, energy-efficient lights in common areas, water-efficient fixtures, use of recycled water for flushing and gardening, native plant species for landscaping, provision of an organic waste composter, differently-abled access ramps for entry, etc thereby contributing to a health-conscious environment.
 
Mr. Deepak Goradia – Chairman and Managing Director, Dosti Realty commenting on the launch of Dosti Planet North – Sector 3, says, “Till date, we have delivered 1180 homes in Dosti Planet North Phase 1 and currently delivering more than 967 homes in Dosti Planet North - Phase 2, 3 and 4. With this new launch of Dosti Planet North – Sector 3, we have tried to push our benchmark even further in terms of the premium finishes we have used across the apartment for flooring, tiling, etc. We want our customers to constantly experience that sense of newness and customer delight with each new purchase.”
 
True to the meaning of convenience, Dosti Planet North enjoys excellent connectivity to any part of the Mumbai Metropolitan Region. Basic infrastructure in terms of retail shops within the complex as well as easy connectivity to shopping markets, malls, banks, hospitals, etc makes it easier to avail daily requirements. The Dosti Foundation ICSE School which currently has 1000+ students is located adjacent to Dosti Planet North for which admissions are subject to rules and regulations.
 
Shil Thane has been witnessing an upsurge in the population owing to its closeness to a host of commercial/ industrial pockets via an exceptional network of roadways and railways. Dosti Planet North is close to commercial, IT/ITes, and industrial hubs such as Shil Phata, Thane Belapur Road, Airoli, Ghansoli, Vashi, Rabale, Mahape, Turbe and Taloja, etc. The under-construction Mumbai - Airoli Tunnel and proposed elevated corridor connecting the Eastern Express Highway to Navi Mumbai will be a further boon for residents in the coming years. The proposed additional two lanes for the Shil Phata to Kalyan Road will boost the area’s advantage as a strategic location.

About Dosti Realty

Dosti Realty has been in the real estate business for over 4 decades and delivered more than 127 properties to date, providing homes to over 10,000+ families. Encompassing a portfolio of having delivered over 11.44 million. sq. ft. and currently constructing around 6 mn. sq. ft. across Mumbai and Thane, the company has experience in various development types, be it Residential, Retail, IT Parks, etc. Over the years, it has been known for Aesthetics, Innovation, Quality, Timely Delivery, Trust, and Transparency, Values that have built lasting relationships.
 
Dosti Planet North - Sector 3 is registered under MahaRERA No: P51700034985 and is available on the website https://maharera.mahaonline.gov.in under registered projects. This project is financed by Kotak Mahindra Investments Limited. Please note that the sale/lease of premises in the above referred project shall be subject to and governed by the terms and conditions of Agreement for Sale/lease. *Dosti Club Royale is a Private Clubhouse. Right of admission is reserved by the Promoter. T & C Apply

Colive Launches Pathbreaking Video Rooms for Customers, Adds Human Touch

A dedicated team of Colive Experience Managers are available in a video room between 11 AM to 7 PM daily, except Mondays

Bangalore, Karnataka- Colive, an AI-enabled proptech platform that is changing the way India rents, has taken a light year leap in addressing its tenants’ concerns & queries. 

The consumer-internet landscape is laden with diverse queries by users (potential customers), who usually want to ask every possible question before signing up for a product or service. After a consumer has signed up for a product, the after-sales experience is also crucial towards long term retention, and for delivering an impactful CLV (customer lifetime value). Very few consumer brands (and even fewer platforms) have been able to successfully crack the consumer-concern challenge, especially at scale. Responding to customer queries over the phone or over text messages is often perceived as a gargantuan challenge, owing to the high volume of daily transactions & user movements. 

Colive, which operates both as a premium co-living service provider across its managed properties, and as an aggregator of rental properties across micro markets in Bengaluru and other metropolitan cities, has adopted a smart solution to this problem: Video Rooms. 

What is offered to users 

Once a customer makes a digital reservation to move into any Colive property, they are assigned to a specific ‘zone’, depending on the location that they’ve opted for. Presently, there are ten such zones in Bengaluru.

Users can navigate to colive.com/experience & choose their property name from a dropdown menu, which then reveals their dedicated Experience Manager’s photograph & availability. 

Each zone has a dedicated zonal Colive Experience Manager, who will remain available in a video room, between 11 AM to 7 PM every day, except Mondays. These officers have been trained & equipped to excel in handling a diverse set of customer queries through to satisfactory resolution, including technical issues, billing issues, operational challenges, and more.  

Why is this being done?

Colive is evolving from its original positioning as a large-scale landlord/operator of properties, into an experience-centric platform for the next billion house-hunters. With its proprietary bidding platform (ColiverentX) on the verge of nationwide explosive adoption, it is important to streamline the internal processes that drive customer experience. The objective is to provide a simple, friendly & “always-on” helping hand to everyone who has shown an inclination to live at a Colive property. 

What’s the failsafe protocol for this?

In the event that a customer is not completely happy with the resolution received via their experience manager, they can further escalate their issue to a senior management team member on a Virtual Escalation Room (available at colive.com/escalation), and if they feel the need to escalate this further, the CEO himself will be reachable at the click of a button. Users can reach Suresh Rangarajan (Founder & CEO, Colive) at colive.com/ceo. 

The average age at which a user signs up for a co-living property as part of their lifestyle, is somewhere around 18 to 30 - an age where the experience of each passing minute is a permanent imprint on an individual’s memory & growth. With the Colive experience management team, India’s largest rental exchange hopes & aspires to become a permanent feature in the aspirational lifestyle of every millennial renter. 

“While other consumer platforms can afford to rely on bots & cold communication engines to interact with users, the Colive brand belongs to a special category - our customers are perpetually engaged with us, because our product & services integrate into every aspect of their daily lifestyle. We believe in warm, visual cues, and a straightforward human touch when it comes to helping our customers, which is why we’ve chosen to enable video rooms where our tenants can freely express their concerns, interact & emote with a fellow human being in real time, and be completely satisfied at the end of every interaction. We are optimistic that this dynamic & personalized support engine will make the experience of living in a Colive home much more rewarding than ever before.” - Suresh Rangarajan (Founder & CEO, Colive). 

The Guardians Scores a Century on Akshaya Tritiya

 

Sold more than 100 units worth INR 135 crore on the auspicious day

Mumbai, Maharashtra, India – Leading, non-broking, real estate consulting firm, The Guardians Real Estate Advisory sold more than 100 units on the auspicious occasion of Akshaya Tritiya, proving it is Mumbai real estate’s numero uno this year. The auspicious occasion of Akshaya Tritiya has turned out to be a real estate sales blockbuster. The Guardians Real Estate Advisory continues to top the podium in sales volume and value not only in the Western Suburbs but also in the Central Suburbs and South Mumbai. The firm’s project mandates in Thane, Pune and Bengaluru rounded off the day’s business. The Guardians sold more than 100 residences, offices and retail spaces – worth INR 135 crore – in 1 day on 3rd May 2022.

 
Commenting on the sales success, Mr. Ram Naik – Director, The Guardians Real Estate Advisory said, “Given that Akshaya Tritiya is one of the most auspicious days to acquire property, the real estate market has seen an uptick given the current positivity of buyer sentiments. Also, consumers leveraged the opportunity to buy real estate due to the low interest rates and lucrative payment plans provided by the developers along with other exciting offers. The sales momentum saw a sharp rise as this was also the last opportunity for real estate buyers before a potential price hike. This year’s Akshaya Tritiya has shown that systemic support by the authorities can enable bullish occasions such as this for the industry.’’
 
The Guardians has overtaken leading real estate firms in sales volume and value in FY 2021-22 and has evolved into one of the fastest-growing organisations in the sector.

Rustomjee Group Records Rs. 2680 Crores Business for the Year 2021-22 Accounting to 78% Y-o-Y Growth

Mumbai, Maharashtra, India – One of the leading real estate companies in India, Rustomjee Group records sales worth Rs.2680 Cr. for the financial year 2021-22. The brand has recorded a whopping 78% Y-o-Y growth in sales. As per the group, the business has performed extremely well not only in ready-to-move-in projects but also in under-construction projects.

Rustomjee Group’s product portfolio is spread across all segments from affordable housing to uber luxurious homes and everything in between. The winning streak started with the launch of a new project, Rustomjee Bella, a gated community in Bhandup in partnership with TREC. Rustomjee Bella sold 65% inventory in mere 9 months of its launch and the construction pace has been moving at a lightning speed.

Another prominent launch in Q4 of the financial year 2021-22, Rustomjee Uptown Urbania, a premium township in Thane sold an average of 100+ units in a month and saw a footfall of over 3200 unique customers in the same time frame holding a third of the total market share of the relevant segment that says volumes about the brand’s foothold in Thane.

The newly launched project Rustomjee Erika in Bandra East received an overwhelming sales response in just 30 days from its launch.
 
When it comes to the luxury segment, Rustomjee Group has achieved yet another milestone with Rustomjee Elements receiving OC for the entire project. The year also saw Rustomjee Crown, one of the finest gated estates in South Mumbai doing business worth Rs.1000 Crores. Rustomjee Seasons, BKCs finest ready gated community ended the financial year 2021-22 on a high note with the highest number of units being sold. These numbers are phenomenal when it comes to luxury real estate sales.
 
Taking yet another step to build a better living and ecosystem for the homebuyers, Rustomjee Group collaborated with Tata Power to provide electric vehicle charging solutions across all its residential projects in Mumbai Metropolitan Region (MMR).
 
Talking about the sales record, Mr. Percy Chowdhry, Director, Rustomjee Group, said, “At Rustomjee, we are committed to provide real estate solutions that add value to all stakeholders and we can happily say that we’re at par with our vision. Despite the pandemic, all our projects have fared well and are steady. We’re proud of the team’s effort in ensuring on-time project delivery and top notch customer satisfaction.”
 
The queen of suburbs, Bandra is about to witness lavish homes in Pali Hill. The year looks exciting and the future looks bright for this real estate giant.

About Rustomjee

Rustomjee Group has carved a niche in the ever-growing real estate sector, with a development portfolio of 20 million square feet of completed projects, 9.2 million square feet of ongoing development and 16.4 million square feet of planned development spanning across the Mumbai Metropolitan Region.

Rustomjee Group's portfolio includes two township developments in Thane and Virar, as well as large residential developments, office complexes, retail, healthcare and educational institutions spread across Mumbai City in Prabhadevi, Bandra, Khar, Andheri, Kandivali, Borivali and Bhandup.

Rustomjee Group is committed to adding value to the lives of the homeowners through its core business, corporate social responsibility initiatives and philanthropy. Rustomjee Group ensures that every development blueprint includes child-friendly spaces, parks, playgrounds and learning rooms developed in collaboration with eminent child psychologists and trained specialists.

Hurun-Grohe Announces the Czars of Real Estate in Chennai

Chennai, Tamil Nadu, India – Hurun Report today released the fifth year GROHE-HURUN India Real Estate Rich List 2021, a ranking of the most successful real estate entrepreneurs and inheritors in India, ranked by net worth proportionate to their ownership in their respective real estate businesses.

The GROHE-HURUN India Real Estate Rich List 2021 ranked 100 individuals from 71 real estate companies and 14 cities.

Despite all the news of a slowdown in the sector, some of the key trends in the list indicate a positive future. For instance, the average wealth in the GROHE-HURUN India Real Estate Rich List 2021 has increased by 30%, to INR 4,537 crore. The combined wealth of the entrepreneurs on the list grew by 30% compared to 2020.

Chennai
Chennai, the capital of Tamil Nadu, the real estate sector is dominated by young and ambitious leaders namely Manoj Namburu and Suneel Bommireddy of Alliance Group &Urbanrise, who have acquired the top two slots. Mr Manoj Namburu Chairman & MD of Alliance Group &Urbanrise with a wealth of Rs 3,300 crores tops the list followed by Mr Suneel Bommireddy Vice Chairman Alliance Group &Urbanrise with a wealth of and Rs 3,200 crores and in the third spot is Mr Arun MD of Casagrand Builders with a wealth of Rs 2,240 crores. The Top 3 Leaders to be featured in the report are as follows:

 

Leader Name	Company Name	Designation	Total Assets Value (in Crores INR)	City
Manoj Namburu	Alliance Group &Urbanrise	Chairman & Managing Director	3,300	Chennai
Suneel Bommireddy	Alliance Group &Urbanrise	Vice Chairman	3,200	Chennai
Arun MN	Casagrand Builder Pvt. Ltd.	Founder & Managing Director	2,240	Chennai