Digpu News

Pune (Maharashtra) [India], Oct 23: Despite depressed consumption sentiment, the top seven cities saw homes worth Rs 1.54 lakh crore sold in first three quarters of 2019, rising yearly by 16 per cent, Anarock Property Consultants said on Wednesday. The overall value of units sold in the corresponding period of 2018 was Rs 1.33 lakh crore. In volume terms, nearly 2.02 lakh units were sold across the top seven cities between January to September this year compared to 1.78 lakh units were sold in the year-ago period. “The Mumbai Metropolitan Region (MMR) topped the list with housing sales worth Rs 62,970 crore followed by Bengaluru with sales worth Rs 28,160 crore,” said  Anarock  Chairman Anuj Puri. While the MMR saw a yearly gain of 33 per cent in the overall housing sales value over Rs 47,240 crore in 2018, Bengaluru saw a dip of 7 per cent. Last year, the IT capital saw total housing sales worth Rs 30,310 crore during the same period, said Puri. Interestingly, Pune ...

Bengaluru (Karnataka) [India], Oct 23 : IT major Wipro Ltd said on Tuesday that it has been selected as a member of the global Dow Jones Sustainability World Index (DJSI) 2019 for the tenth year in succession. More than 2,000 companies were assessed from around the world and only 319 made it to the final DJSI World index for 2019-2020. Globally, Wipro ranks second in the IT services sector while it continues to be the leader in India. Launched in 2009, the S&P DJSI World is the gold standard for corporate sustainability. Inclusion in the index is based on rigorous analysis of a company’s performance on more than 20 primary indicators and 120 secondary indicators across a spectrum of economic, environmental, social and governance parameters. “We appreciate the comprehensive nature of assessment as it helps us constantly improve our standards in our sustainability journey,” said Chief Executive Officer and Managing Director Abidali Neemuchwala. “The recognition is a reaffir...

Mr Shravan Gupta has been touted as a pioneer in the real estate and financial services sector, and rightly so. He has 15 years of experience under his belt that he has used to take his business further ahead. Even after all this time, with everyone trying to one-up the other, he still manages to take his work to new heights by investing in new ventures. In the last couple of decades, his work in developing malls in the NCR region has been extremely crucial for India’s growth in this market. It can be safely said that  Mr Shravan Gupta  has played a vital role in making malls accessible to the common man of this country. The MGF group has thrived under his leadership and it is for all to see. Shravan Gupta MGF journey in the business world began as he joined his family business, MGF ltd. With time he grew into his role and brought his personal touch to the company. He always had an eye for real estate. This led him to decide to diversify the company into the real estat...

Estansa Realty Consulting Pvt. Ltd. has launched the  ‘Estate Leverage System’  for Indian Residents & NRIs across all major cities in India and across the globe. The Estate Leverage System is a strategic tool that replicates the property buying patterns of large private equity companies and ultra-rich individuals with high net-worth. The system customizes it to suit the requirements of the discerning upper middle-class segment of Indian residents & NRIs across India and the globe. The Estate Leverage System – Enabling Identification Of Handpicked Real Estate Properties According to Mr Vijay Naraayanan, CEO, Estansa Realty Consulting Pvt. Ltd., “The Estate Leverage System is a selection of tools for identifying handpicked real estate projects across India that enables buyers & investors to earn far higher incomes as compared to most of the other projects.” A conventional property in India delivers not more than a net rental yield of 2.5% per annum of th...

The Asia Pacific region is expected to lead the way for global growth in 2019, with the International Monetary Fund expecting the region’s GDP to rise by 5.6% this year, compared with a global increase of 3.9%.  China predicted to grow 6.4% in 2019, and India, predicted to grow 7.3%, will again lead the way. Hotels across the Asia Pacific have had a mixed performance in 2018, with overall room occupancy and average daily rate (ADR) showed a slight increase at 70.6% and US$102.47, respectively. This resulted in RevPAR for the region showing growth of some 1.5% for the year. However, its noted this figure may have well been improved given ADR would have been negatively impacted by forex currency movements rather than economic fundamentals.  In terms of room occupancy, Bali, Beijing, Delhi-NCR, Jakarta, Mumbai and Taipei were the stand-out performers, with year-on-year growth in excess of 2%, according to STR. Hanoi, KL, Osaka, Phuket, Sanya and Shanghai being the worst ...