Author: Rabindra

Sathish Rajendren of Knight Frank India Triumphs at RICS South Asia Awards, 2024

Mumbai, October 15, 2024: Knight Frank India, a leading real estate consultancy, is proud to announce that Senior Executive Director- Facilities & Management Services, Sathish Rajendren has triumphed at the RICS South Asia Awards 2024, where he was honoured as South Asia’s Property Professional of the Year. This award from RICS was presented to Sathish for his outstanding contributions in valuation, consulting, facilities, property, and asset management across all sectors of the built environment. This well-deserved recognition represents the highest professional ethics and values, demonstrating the use of standards in day-to-day activities that embody the excellence expected of this prestigious award.

This recognition not only celebrates Sathish’s thought leadership and significant impact on the real estate sector, but also underlines the expertise and dedication of the Knight Frank leadership, reflecting its commitment to delivering strong governance and excellence with efficiency and exceptional client satisfaction.

Under Sathish’s leadership, Knight Frank India has built a high-performance team that adapts to the evolving needs of consulting, facilities management, and asset services, expanding its service offerings across diverse industrial segments such as commercial, retail, residential, hospitality, infra and healthcare for occupiers, developers, government, and investors while collaborating closely with global teams to propel the business to the next phase of growth.

Expressing gratitude for the recognition, Sathish Rajendren, Senior Executive Director- Facilities & Asset Management Services at Knight Frank India, stated, “These awards are a testament to the hard work and dedication of our entire team. We remain committed to excellence in all our endeavours, and this acknowledgment inspires us to continue delivering exceptional services, and client care while giving back to the community.”

This accomplishment reaffirms the firm’s position as a leader in the real estate sector, demonstrating its relentless pursuit of excellence in every project undertaken. Knight Frank continues to push the boundaries of innovation, professionalism, and sustainability, ensuring it meets the evolving needs of its clients while contributing positively to society.

Real estate sector records the highest-ever equity investment since 2018

National – October 15th, 2024 – CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, announced the findings of its report, ‘India Market Monitor Q3 2024 – Investments’. The report indicates a robust 46% Y-o-Y growth in real estate equity investments, totalling USD 8.9 billion in Jan-Sep ’24 —the highest-ever recorded since CY 2018, surpassing the USD 7.4 billion total equity investments for CY 2023. On a quarterly basis, equity investments in real estate stood at USD 2.6 bn in the Jul-Sep’24 period.

Domestic investors (predominately developers) took the lead with ~79% share in equity capital inflows in Jul-Sep ‘24. Singapore-based investors accounted for nearly 73% of the total foreign capital inflows, followed by the United States (~22%). Developer activity picked pace in Jul- Sep ’24 quarter, accounting for a share of nearly 47% in total equity investments, followed by institutional & collective vehicle investors (~36%).

Mumbai led the equity investment activity in Jul-Sep ‘24, along with Bengaluru and Chennai. Together, these three cities accounted for over 66% of total investments during this period. Investors are expected to continue directing equity inflows towards metros and tier-I cities. However, SEBI’s SM REIT regulations also highlight investment opportunities in quality (but smaller) assets in tier-II locations.

During Jul-Sept’24, land/development sites dominated investments with a share of 45%, followed by the office sector with a 24% share. The retail sector experienced a resurgence in capital inflows, capturing a ~22% share in the same quarter. About 56% of the total capital inflows in site/land acquisitions were deployed for residential developments, while the remaining was committed towards the development of retail, data centres, warehousing projects, hospitals, etc.

In addition to the capital infusion of USD 2.6 billion in Jul-Sep ’24, investment, and development platforms worth ~USD 235 million were set up during the quarter across the hotels and residential sectors.

Anshuman Magazine, Chairman & CEO – India, South-East Asia, Middle East & Africa, CBRE, said, “Investment activity in India’s real estate market scaled a new peak in 9M 2024, on the back of a resurgence in capital deployment in Q2 2024 (Apr-Jun ’24). Sustained capital inflows are expected in both traditional and emerging sectors in the upcoming quarters, while institutional and collective vehicle investors, along with developers, are expected to drive the overall capital flows”.

Gaurav Kumar, Managing Director, Capital Markets and Land, CBRE India, said. “A rebound in the office leasing market, strong disposal incomes and an unprecedented risk appetite for consumer spending and home buying has led to a record flow of investments in the first 9 months of 2024. As India’s demographic profile continues to pay rich dividends and an affordable talent pool keeps adding at a fast pace, we expect sustainable and rapid growth in India’s residential, retail, office, and logistics sectors.”

Clarks Exotica Convention Resort & Spa Honoured with Agoda 2024 Customer Review Award

Bangalore, October 15 2024 – Clarks Exotica Convention Resort & Spa is proud to announce that it has been awarded the prestigious Agoda 2024 Customer Review Award, a testament to the exceptional experiences it provides to guests from around the world. This recognition, based on consistently high ratings and positive feedback from travellers, reflects the resort’s commitment to delivering unparalleled hospitality and service excellence.

Nestled amidst lush greenery and offering world-class amenities, Clarks Exotica has long been a preferred destination for leisure, business, and events. The resort’s dedication to ensuring the utmost comfort and satisfaction of its guests has earned it a reputation as one of the leading luxury properties in India. The Agoda 2024 Customer Review Award highlights the resort’s continuous efforts to enhance guest experiences through personalized services and a serene environment.

Speaking on the achievement, Mr. Balaji M, CEO of Clarks Exotica Convention Resort & Spa, said, “We are honoured to receive the Agoda 2024 Customer Review Award. This recognition reaffirms our commitment to creating memorable and delightful stays for our guests. It is a testament to the hard work and passion of our entire team, who go above and beyond to ensure that every visitor feels at home. We will continue to elevate our services to meet and exceed guest expectations in the years to come.”

Clarks Exotica Convention Resort & Spa continues to be a leader in the hospitality industry, consistently raising the bar with its state-of-the-art facilities, including the award-winning Ocean Convention Centre, premium dining options, and a holistic wellness spa. The resort’s latest accolade from Agoda further cements its place as a top destination for travellers seeking luxury, comfort, and unforgettable experiences.

National level Awareness Quiz With Certificate on National Unity Day 2024 by Udaan Youth Club

Udaan Youth Club, led by Indian social worker Aman Kumar, is known for its approach of using ICT tools for social impact to raise awareness about social issues in a creative way. This approach by UYC to make citizens informed and educated has engaged over 9 million people so far. At UYC, we believe that access to information is not a privilege but a basic right, and we organize educational initiatives to engage people in developmental activities, inspiring them to contribute to achieving the vision of Viksit Bharat 2047 on a national scale.

Udaan Youth Club is observing National Unity Day 2024 to educate citizens about the importance of unity and ways to foster it within communities. As part of this initiative, a National-level Awareness Quiz has been designed to inform participants about strategies for strengthening unity. This effort aims to empower individuals with knowledge and inspire collective action to promote unity, contributing to a more cohesive and inclusive society.

Benefits:

•  All participants who achieve a full score will receive an instant participation certificate via email.
• All top participants will be invited to be featured in the Unity Champions photo collage.
• The first 100 top scorers with the fewest attempts will be invited to join the Unity Champions video series.
• Institutions, organizations, or individuals with 100 or more participants will be recognized as Impact Partners and awarded a certificate of appreciation.

 Instructions:

•  This quiz has 15 multiple-choice questions, each worth 10 marks.
• The quiz language is English.
• You must score 150/150 to receive a participation certificate.
• The quiz is ongoing from 13th to 27th October 2024.

Get Ready to Splurge! Iconic Warehouse Sale Returns to Mumbai

Mumbai, October 14, 2024: The iconic Warehouse Sale is back in Mumbai, offering an unparalleled opportunity to elevate your wardrobe with luxury brands available at up to 70% off. On 18 October 2024, at the NSCI Palace Halls, Worli, the Warehouse Sale will open its doors, inviting you to explore a carefully curated collection of wedding and festive wear from India’s top designers.

After a successful event in Delhi early this month with a footfall of over 4,000 shoppers, discover a stunning array of contemporary and traditional styles from over 50 renowned designers, including Rohit Bal, Tarun Tahiliani, Anushree Reddy, Asal & Gulabo by Abu Sandeep, Masaba, Dhruv Kapoor, Faabiiana, and Vikram Phadnis among others. Warehouse is committed to making luxury fashion accessible, offering exceptional quality and value at every price point. Whether you’re searching for timeless bridal pieces or chic festive attire, the Warehouse Sale has something for every fashion enthusiast.

Mudita Jaipuria, Director of Warehouse, commented, “We are thrilled to bring back the Warehouse Sale to Mumbai! This event reflects our commitment to providing luxury fashion for everyone. Building on the success of our Delhi event, we’re excited to offer an exceptional selection of designs at unbeatable prices. This year’s sale is set to be our most impressive yet.”

Liposuction: A Modern Solution for Stubborn Fat

By-Dr. Saurabh K. Gupta, Director & Head of Department – Plastic and Reconstructive Surgery, Yatharth Hospital, Greater Noida

Liposuction, sometimes shortened to Lipo, is a cosmetic surgical procedure designed to remove excess fat from specific areas of the body. It has gained significant popularity due to its ability to reshape the body, providing patients with a more refined appearance. With advancements in medical technology and an increasing focus on aesthetic treatments, liposuction has become a common and accessible option in India for those looking to achieve their desired body shape.

Understanding Liposuction
Liposuction is a minimally invasive procedure that involves the removal of fat deposits from areas like the abdomen, thighs, arms, buttocks, and chin. It is not a weight-loss method but rather a body-sculpting technique, meant to remove stubborn fat that doesn’t respond to diet or exercise.

During the procedure, a surgeon inserts a thin tube (called a cannula) beneath the skin, which is connected to a vacuum that suctions out the fat cells. Newer techniques, such as laser or ultrasound-assisted liposuction, help break down fat more efficiently and result in a smoother recovery process.

Advantages of Liposuction
Liposuction offers a highly effective way to target stubborn fat deposits in specific areas of the body, providing a sculpted and contoured appearance that may not be achievable through exercise alone. The results of liposuction are typically permanent, as the fat cells removed do not regenerate, provided the patient maintains a healthy lifestyle post-procedure.

Beyond physical benefits, liposuction can also significantly enhance confidence and self-esteem, as many individuals find relief from the frustration of stubborn fat. Modern techniques have made the procedure minimally invasive, with reduced recovery time.

Liposuction is now even being performed on an outpatient basis in some cases, allowing patients to go home the same day of the surgery. Many patients can resume normal activities within days to a few weeks, making liposuction a popular and increasingly accessible option for body reshaping.
Rising Popularity of Liposuction in India

In recent years, liposuction has become increasingly common in India, thanks to a growing interest in cosmetic procedures and the availability of world-class medical facilities. India’s cosmetic surgery industry is booming, with more people seeking aesthetic treatments due to changing beauty standards and a desire for self-improvement. Additionally, the cost of liposuction in India is significantly lower than in many Western countries, making it an attractive option for both domestic and international patients.

For Targeted Fat Reduction, not a Weight Loss Alternative
While liposuction is a safe and effective procedure, it is important to note that it is not a substitute for weight loss. Ideal candidates for liposuction are individuals who are near their ideal weight but have localized areas of fat that resist reduction through exercise and diet. Consulting with a certified plastic surgeon can help determine whether the procedure is suitable based on individual health and aesthetic goals.

Liposuction has evolved into a highly accessible, safe, and effective procedure for body reshaping. With India’s expanding cosmetic surgery market and the availability of advanced technologies, the process of achieving a more sculpted physique has never been easier.

Growth-bound India Global Forum makes top BBC hire

India, 14th October,2024: India Global Forum (IGF), the premier platform advancing contemporary India’s story and forging impactful global partnerships, has taken another step in expanding its already strong international presence with the appointment of a senior BBC executive.

Uday Karan Verma, with over seven years at BBC India, lately as Country Manager, brings deep expertise in building business opportunities and nurturing strategic alliances to his new role as President – Business Relations at India Global Forum. His appointment aligns with IGF’s ongoing growth strategy, including several key appointments, to continue strengthening its global influence.

Manoj Ladwa, Founder and Chairman of India Global Forum, said: “This is an exciting time for both India and IGF. I’m delighted to welcome Uday to our amazing team, where his vast experience in fostering business relationships will help drive forward our vision of unlocking limitless opportunities.”

Uday Karan Verma has more than two decades of experience across top brands, including BBC, Network18, and ESPN Star Sports. At BBC, he played a pivotal role in launching BBC StoryWorks and led successful initiatives such as BBC Golf Connect and BBC Sportswomen of the Year, showcasing his leadership in revenue, content, and strategic vision.

On his new role, Uday said: “I’m thrilled to join IGF, a platform that brilliantly showcases India’s story on the global stage. IGF’s mission to unlock India’s immense potential aligns with my passion for driving meaningful growth and partnerships. “As a member of this dynamic team, I hope to unlock many new opportunities to shape impactful global dialogues, fostering innovation and sustainable growth across markets and industries.”

Honeywell Automation Wins Airfield Ground Lighting Project for Noida International Airport

INDIA, Mumbai, October 14, 2024 – Honeywell Automation India Limited (HAIL) has secured a contract to provide its Airfield Ground Lighting (“AGL”) system for the Noida International Airport (“NIA”). These systems will provide visual guidance to aircraft, increasing safety and streamlining operations across the tarmac.

Honeywell’s visual aids will play a crucial role in helping aircraft maneuver the tarmac in difficult weather conditions and will support landing and on-ramp safety. Honeywell’s advanced AGL uses ‘intelligent lighting’ technology, which makes the ground taxi process easier for pilots. AGL will also help pilots improve their own situational awareness by automatically switching lights on and off based on information shared by aircraft surveillance and tracking systems with tower controllers.

Noida International Airport represents a significant leap forward in advancing India’s aviation sector, and we are pleased to have secured this visionary project, ensuring the highest standards of safety and operational efficiency with our advanced technology,” said Atul Pai, Managing Director, Honeywell Automation India Limited (HAIL).

Christoph Schnellmann, CEO, Noida International Airport said, “We are delighted to partner with Honeywell to bring their Airfield Ground Lighting system to Noida International Airport. The implementation of the state-of-the-art system will ensure superior visual guidance and operational efficiency, aligning with our mission to provide a safe and seamless experience for all airport users.”

The project covers the supply, installation, commissioning, and maintenance of Honeywell’s AGL system on runway 10L-28R and the associated taxiways at NIA. Honeywell has a broad portfolio of technologies in use at airports across India and also has end-to-end AGL system operations in the country, including design, manufacturing, assembly, installation, commissioning, and service support.

The first phase of the airport will feature one runway and one terminal, with the capacity to handle traffic of 12 million passengers annually. Upon completion of all four development phases, the airport will be able to cater to 70 million passengers per year.