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Purple Finance Scales New Ground in Bharat Lending, Targets 500 Crore AUM by FY27

September 19th 2025: With its loan portfolio tripling in FY25 and its assets under management surpassing INR155 crore, Purple Finance continues to deliver an impressive growth. With 40 plus branches spread across 6 states, the company has amassed a clientele of over 2,500 MSME borrowers majorly spread across the tier III & IV cities & district towns. Through a hybrid model of digital origination and local feet on street network, Purple Finance, which focuses on small-ticket secured business loans, income-generation credit, and customized products for micro-entrepreneurs, has expanded its reach while maintaining asset quality. 

 Purple Finance as its long-term plan aspires to become a Small Finance Bank & is in the process of building an institution catering to the MSME segment spread across non-urban markets of Central India.  In a recently held discussion Mr. Amitabh Chaturvedi, Founder & Executive Chairman emphasized the company’s focus on sustainable expansion and strengthening its asset base. As part of this journey, Purple Finance is actively exploring strategic In-Organic growth opportunities that align with its long-term objectives and support accelerated market penetration—particularly in smaller towns and districts of Gujarat and Rajasthan.

“When we started Purple Finance, the mission was clear to unlock credit for the millions of underserved and un-served MSME customers in the non-urban geographies who struggles to access timely & fair credit. The response so far proves this isn’t just a large market, it’s an essential one for India’s real economic growth. Bridging this credit gap is both a huge opportunity and a responsibility that we’re proud to take on,” reiterates Amitabh Chaturvedi, Founder and Executive Chairman.

Danube Launches ‘Breez’ – Maritime City’s Tallest Residential Tower

Dubai, Sep 19, 2025: Danube Properties, one of the UAE’s most innovative and fast-growing private real estate developers, has announced the launch of its latest landmark development, Breez by Danube. Soaring 60 storeys high with a built-up area of nearly 1.5 million sq. ft., Breez is set to become the tallest residential tower in Dubai Maritime City, offering an unrivalled blend of seafront luxury, lifestyle, and value.

Located just 15 minutes from the city centre, Breez promises a new era of exclusive waterfront living where panoramic views of the Arabian Gulf meet contemporary design. Following the overwhelming response to Oceanz by Danube, Breez is the developer’s second flagship and fourth tower in Dubai Maritime City, reinforcing its ambition to transform the district into one of Dubai’s most prestigious lifestyle destinations.

Breez is designed to serve both discerning homeowners and investors seeking a rare opportunity to own prime waterfront property. With waterfront plots becoming increasingly limited, the tower is expected to deliver high ROI and strong long-term appreciation, making it as much an investment in luxury as it is in lifestyle.

Mr. Rizwan Sajan, Founder and Chairman of Danube Group, said: “At Danube, our mission has always been to seamlessly blend luxury with affordability. With Breez by Danube, we’re not just offering homes — we’re delivering a premium waterfront lifestyle with panoramic sea views in one of Dubai’s most prestigious destinations. Dubai has consistently witnessed some of the highest ROI and value appreciation in waterfront properties, and Breez takes this legacy further. Building on the success of Oceanz, Breez elevates our vision by combining an iconic location, an exceptional lifestyle, and unmatched investment potential. Supported by our signature 1% monthly payment plan, Breez empowers both homeowners and investors to achieve their dreams without compromise.”

The project will feature over 1,000 residences, ranging from chic studios and spacious 1–4 bedroom apartments to exclusive duplexes and signature Breez Penthouses, all thoughtfully oriented to capture unobstructed sea views. Each unit will come fully furnished with stylish interiors, offering a move-in-ready experience from day one.

True to Danube’s reputation for redefining modern living, Breez offers more than 40 premium resort-style amenities designed to elevate everyday life into an immersive experience. Residents will enjoy rooftop infinity pools with sweeping ocean horizons, world-class wellness and fitness centres, landscaped jogging tracks, outdoor cinemas, BBQ decks, lush green gardens, and dedicated play areas for children. Together, these spaces create an unmatched environment of leisure, health, and community.

As with its previous developments, Breez will also be available under Danube’s signature 1% monthly payment plan, making luxury waterfront living in Dubai more accessible and attainable for buyers and investors alike.

With Breez, Danube Properties once again demonstrates its commitment to delivering iconic projects that combine design, quality, and affordability—cementing its place as a leading name in Dubai’s real estate landscape.

Beyond its design and amenities, Breez’s strategic location in Dubai Maritime City adds to its appeal. Just 15 minutes away from Downtown Dubai, Dubai International Airport, and the city’s premier shopping, dining, and entertainment destinations, 

With an anticipated completion date in July 2029, Breez underscores Danube’s hallmark reputation for innovation, affordability, and ahead-of-schedule delivery.

Specta, the Only Quartz Brand at BAIC Assam, Sets Sights on Northeast Expansion

Guwahati, 19th September 2025: Specta Quartz Surfaces, India’s leading luxury quartz brand by ARL Group, has officially marked its entry into Northeast India with its debut at BAIC Assam 2025, held in Guwahati. As the only engineered quartz surface brand to participate in the exhibition, Specta reaffirmed its commitment to bringing premium, globally inspired surface design to a region often underserved in the premium interiors space.

Guwahati, widely regarded as the gateway to the Northeast, emerged as the natural choice for Specta’s regional debut, with its central location enabling access to key markets across Assam, Meghalaya, Nagaland, and other northeastern states. The city’s infrastructure boom, driven by the upcoming metro rail project, smart city initiatives, and development of commercial hubs, signal a positive sentiment towards real estate investors to bank on premium projects. This pathway for the rise of modern homes, kitchens and retail interiors, makes it a strategic market for Specta’s next phase of growth.

As part of its Northeast expansion, Specta showcased Pastel Poise, India’s first pastel quartz collection, featuring four of its breakout pastel shades designed for contemporary Indian interiors. The collection represents Specta’s vision of combining international design trends with Indian sensibilities to create quartz surfaces that are both functional and visually distinctive. The showcase attracted wide attention from architects, interior designers and premium homebuilders from across the region.

Recent industry reports indicate a significant uptick in premium real estate and lifestyle spending across Northeast India. With a rising affluent demographic and an evolving design consciousness, the region is poised to become a meaningful contributor to India’s luxury surfaces market in the coming years. Specta aims to become the first mover in the region by building a strong dealer presence across all Northeastern states, supported by regional exhibitions, architect engagement and localized branding efforts.

Commenting on the expansion, Ankit Jain, Founder, Specta Quartz Surfaces, said, “The Northeast represents one of the most high-potential markets in India. There is clear demand, growing affluence, and a hunger for premium design but limited access. With our debut at BAIC Assam and the launch of Pastel Poise, we are not just expanding geographically, we are fulfilling our promise to make world-class quartz surfaces accessible in every corner of India. Guwahati is just the beginning. Over the next year, we are investing significantly in the Northeast to build deep regional connections, strengthen our dealer network, and inspire a new generation of interiors rooted in style, strength and innovation.”

To deepen its footprint, Specta has outlined plans to enter 15–20 towns and cities across the region over the next year, including Silchar, Itanagar, Imphal, Agartala and Aizawl. The brand will also roll out smaller regional exhibitions and architect connect programs, ensuring that its premium quartz surfaces are accessible to both metros and emerging markets in the Northeast.

Specta’s participation in BAIC Assam 2025 highlights its ambition to consolidate leadership in India’s engineered quartz industry, with Northeast India set to play a critical role in its next wave of growth. Following successful regional activities in Jaipur, Coimbatore and Hyderabad, Specta continues its mission to bring global design to every Indian surface.