Category Archives: Business

AIS Announces Winners of AIS Design Olympiad 5.0

23rd July 2024  Mumbai, Maharashtra, India  Asahi India Glass Ltd (AIS) is proud to announce the winners of 5th edition of ‘AIS Design Olympiad’. This year AIS Design Olympiad saw a significant increase in participation from architectural colleges across India that culminated in a grand finale with the top 8 finalists making their presentations to an esteemed jury panel on 6th April 2024 at Taj, Santacruz in Mumbai, Maharashtra. The brainchild of Asahi India Glass Ltd (AIS), India’s leading integrated glass solutions company and a dominant player in automotive and value-added architectural glass segment, AIS Design Olympiad is its effort to bring academia and industry closer and bridge the gap between learning and real-life experiences. AIS Design Olympiad has been established as a leading example of industry-academia collaboration in a relatively short time frame.

AIS Design Olympiad 5.0 invited participants to explore and experiment with new materials, construction techniques, and technologies that can push the boundaries of traditional architecture and design. Participants were encouraged to think about how their designs could respond to emerging challenges such as climate change, rapid urbanization, and resource depletion, and how they could create solutions that are sustainable, efficient, and adaptable to changing needs.

The AIS Design Olympiad (ADO) adhered to a stringent process where each student submission underwent scrutiny by distinguished architects serving on the regional and national jury panels across India. Regional evaluations happened in the North, South, West, Central, and East Zones, with each region being assessed by a panel of renowned architects.

The Final of the AIS Design Olympiad was judged by a distinguished National Jury panel including architects such as Ar. Vivek Bhole from Vivek Bhole Architects, Mumbai; Ar. Karl Wadia from Hafeez Contractor, Mumbai; Ar. Paul Moses from RSP, Bangalore; and Ar. Avinash Nawathe from ANA Associates, Pune. The winners announced at the grand finale were Rachna Sansad Academy of Architecture, Mumbai as the Winners, Deenbandhu Chotu Ram University of Science & Technology, Murthal, Sonipat, Haryana as the 1st Runner up, and SMEF Brick School of Architecture, Pune as the 2nd Runner up. These winners, both at the national and regional levels, were rewarded with cash prizes, certificates, and trophies from Asahi India Glass Ltd, with the added opportunity for students to intern with renowned architectural firms represented by the competition’s jury members.

Speaking about AIS Design Olympiad 5.0, Mr. Vikram Khanna, COO, Consumer Glass & Architectural Institutional Business, CMO – Asahi India Glass Ltd. said, “We are thrilled to announce the winners of AIS Design Olympiad, showcasing the immense talent and creativity of budding architects. Our overarching philosophy for AIS Design Olympiad 5.0 was ‘Innovation. Futuristic Design. Sustainable Architecture.’ and we are proud of what the students achieved this year through their designs. Our heartfelt gratitude to the esteemed jury panel members for their diligent assessment. Going through all the designs from across the country to find the best ones was tough and we’re thankful to our judges from the regional and final rounds who worked hard to pick out the best designs. Our Congratulations to all participants for their exceptional contributions. We look forward to an even more inspiring ADO 6.0 next year.”

Architect Vivek Bhole National jury ADO added, “I have seen ADO grow from strength to strength in the last 5 years, I congratulate AIS on the successful completion of the 5th edition of AIS Design Olympiad. We are focused on engaging students with challenging concepts and making them future ready. As I already mentioned, I would encourage all the architectural students to upskill themselves for the competitive world out there. Once again, my heartiest congratulations to all the students and the AIS team for this wonderful event.”

Mr. Shailesh Ranjan- Business Head – Institutional Sales said, “The ADO 5.0 was a successful event; I am sure everyone is going back with one or more thoughts about sustainability and the future of architecture. We saw great designs from all the students and our heartfelt thanks to all the jury members in mentoring the teams for their presentations at the regional rounds to choosing the best designs as winners.”

Kinaxis Launches ‘Supply Chain Unplugged’ Regional Event Series to Bring Supply Chain Innovators Together

July 23, 2024,Ottawa, Ontario, Canada : Kinaxis® Inc. (TSX:KXS), a global leader in end-to-end supply chain orchestration, today announced the launch of a new event series, ‘Supply Chain Unplugged’, that will bring together leading supply chain practitioners, thought leaders, partners and academia around the world for open, peer-to-peer conversations about the latest innovations, opportunities and challenges in supply chain management.

“With supply chains growing exponentially in complexity and scale, the need for knowledge-sharing forums that bring together like-minded people to discuss best practices for staying on top of a world undergoing seismic changes is crucial,” said John Sicard, president and CEO of Kinaxis.“From innovative brands pushing the boundaries of what’s possible to world-renowned academics conducting cutting edge research, we’re excited to convene a who’s who of the global supply chain community and are confident that attendees will walk away with valuable insights to foster greater resiliency within their businesses.”

In 2024, events are planned for North America, Europe and Asia and each stop of the series will feature compelling keynotes by industry experts, panel discussions on hot button industry issues, live demos/workshops of cutting-edge technologies and case studies showcasing how practitioners are driving real impact across their supply chains.

The series will kick off on July 23, 2024 at the state-of-the-art EY Digital Operations Hub at MxD in Chicago, Illinois and is sponsored by EY and Microsoft. Kinaxis President and CEO John Sicard will deliver the opening keynote on the transformative power of supply chain orchestration, followed by discussions exploring generative AI and the future of supply chains with executives from EY, Microsoft, Colgate, Westlake, AGCO and faculty members from Northwestern’s Industrial Engineering and Management Sciences department.

The new Supply Chain Unplugged event series comes on the heels of the company’s introduction of Kinaxis Maestro™, the only AI-infused supply chain orchestration platform. Unveiled at Kinexions, the company’s flagship annual community conference, Maestro incorporates new, modern AI technologies to help teams move faster and smarter to master the complexities of today’s modern supply chains.

Additional Supply Chain Unplugged destinations include Tokyo, Singapore, London, Rotterdam, Philadelphia, Pennsylvania; Madison, Wisconsin; Atlanta, Georgia; and more.

From building the first in-memory material requirements planning (MRP) engine in the 1980s to adopting a SaaS model years before its peers and launching the first cloud-friendly planning platform in the 2000s, Kinaxis has been at the forefront of every major technological innovation within the supply chain industry for the past four decades. Celebrating its 40th anniversary in 2024, Kinaxis helps companies that supply the agricultural industry with 40% of the world’s tractors, that keep more than 110 billion teeth clean each year, and that ensure more than 35 million pets are fed nutritious meals each year.

L&T Technology Services and SymphonyAI Partner to Provide AI-based Business Transformation to Global Customers Through Apex Enterprise Copilot

July 23, 2024,Palo Alto, Calif., United States & Bangalore, Karnataka : L&T Technology Services (BSE: 540115, NSE: LTTS), a leading global digital engineering and R&D company, and SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, today announced they are partnering to bring transformative AI operations to enterprises worldwide. The solutions are delivered through SymphonyAI Apex Service Management, a predictive and generative AI-based IT service management/enterprise service management (ITSM/ESM) platform, and the Apex Enterprise Copilot, to turbocharge productivity, simplify work, and create delightful experiences for end users, analysts, and executives.

The partnership has already deployed AI-based Apex Service Management for a joint customer whose software-centric, cloud-native solutions provide high-quality media experiences across linear, on-demand, and OTT services. The joint customer benefits from the combination of its longstanding relationship with L&T Technology Services (LTTS) and Apex IT Service Management ease of adoption, low TCO, and API-based integration with third-party applications. Apex Information Technology Service Management, powered by SymphonyAI’s award-winning Eureka predictive and generative AI platform, delivers responsive, effective, and efficient enterprise systems management capabilities with a lightweight architecture to roll out new services and resolve service requests up to 50% faster using generative AI. In replacing its legacy ITSM system, the customer will reduce operating costs, increase analyst productivity across hundreds of analysts, and drive rapid ROI with the ability to quickly configure and ingest existing customer operations, records, and SLAs.

“L&T Technology Services’ proven track record of deep domain consulting expertise and a multi-vertical market leadership has established us as a trusted partner in digital transformation for the world’s top Fortune 500 companies. The synergy with SymphonyAI’s CoPilots and innovative service management platform delivers joint customers rapid, predictive ROI through a transformative enterprise platform,” said Alind Saxena, Executive Director & President – Mobility & Tech, at L&T Technology Services. “We are excited to provide flexible, powerful, and configurable solutions to customers worldwide.”

“The combined value of SymphonyAI and L&T Technology Services provides customers in multiple industries the powerful benefits of digital transformation with leading predictive and generative AI,” said Kumar Abhimanyu, senior VP and global head of strategic partnerships at SymphonyAI. “With deep domain expertise and specialization solving real-world business problems with advanced AI, the partnership delivers unique benefits for innovative organizations worldwide.”

“SymphonyAI continues to invest aggressively in extending industry leadership and innovation via its Apex platform and the generative AI-based Enterprise Copilot. Both deliver major improvements for teams deploying new services and providing seamless self-service for end users,” said Satyen Vyas, President of SymphonyAI’s enterprise IT division. “We are pleased to partner with LTTS and leverage their latest cutting-edge AI-enabled innovations to give customers easy-to-use, intuitive, speedy, cost-effective IT and enterprise service management and workflow automation for vastly improved productivity, ROI, and user satisfaction.”

TOM FORD Announces the Departure of Creative Director Peter Hawkings

July 23, 2024, New York, United States : TOM FORD announced today that Peter Hawkings is stepping down as Creative Director of the brand. Peter Hawkings has been at TOM FORD since its inception and at the helm of creative since April 2023.

“I would like to express my gratitude to Peter for his exceptional contributions to TOM FORD from the very beginning,” said Guillaume Jesel, President and CEO, TOM FORD and Luxury Business Development, The Estée Lauder Companies.

“I want to thank Peter for his collaboration since TOM FORD FASHION became part of the Ermenegildo Zegna Group. Along with his team, Peter has contributed to this important initial phase of development. I wish him all the best in his next chapter,” said Lelio Gavazza, CEO of TOM FORD FASHION.

The Spring-Summer 2025 collection will be presented in the Milan showroom in September 2024. A successor will be announced in the near future.

HDFC Life Achieves 99.50 percent Claim Settlement Ratio

July 23, 2024,Mumbai, Maharashtra, India : HDFC Life, a leading life insurer in India, continues to uphold its commitment to policyholders with a consistently high claim settlement ratio.

Life insurance is a long-term commitment, ensuring financial security for loved ones in the policyholder’s absence. A key measure of a life insurer’s reliability is its ability to settle genuine claims promptly and efficiently. When choosing a life insurer, customers often look at the claim settlement ratio over time to gauge the company’s trustworthiness.

HDFC Life stands out among private life insurers for its performance in this area. In FY24, HDFC Life achieved an overall claim settlement ratio of 99.50%*, disbursing Rs. 1,584 crores for 19,338 policies. This follows high ratios of 98.66% in FY22 and 99.39% in FY23, in retail claims.

*Individual death claim settlement ratio by number of policies as per audited annual statistics for FY24.

To facilitate claim submissions, HDFC Life offers a robust mechanism allowing claimants to request and submit documents through multiple media/touch points and without having to mandatorily visit a branch for such servicing requirements. HDFC Life also educates customers on the importance of full disclosures regarding health and any material information that could impact the claims process. For individual claims older than three years from the policy start date, the company offers same-day settlement, provided all necessary documents are received and no further investigation is required.

Speaking on this, Vibha Padalkar – Managing Director & CEO, HDFC Life said, “Claim settlement is a critical service differentiator for us. Our promise to every policyholder is to settle claims smoothly and efficiently. We are dedicated to providing superior service at every stage of the policy lifecycle, reflecting our commitment to financially securing India.”

Earlier in the year, HDFC Life declared its highest ever bonus of Rs. 3,722 crores on participating plans during its April 2024 board meeting. This bonus is split between policies eligible for maturity benefits or cash bonuses and those payable in the future upon policy maturity, death, or surrender.

Xsolla Expands Support for Game Developers Through the Greater China Region Launch, Marking a New Era in the Gaming Industry

July 23, 2024,Beijing, China : Xsolla, a global video game commerce company known for its extensive suite of tools and services specifically designed for the game industry, is thrilled to announce the grand opening of the Xsolla Greater China Region office. The opening event will occur on Monday, July 22, 2024, at D-06 Parkview Green Fangcaodi, Chaoyang District, signifying a renewed commitment to enhancing and growing the video game industry in China and worldwide.

The expansion of the Xsolla Beijing office embodies a vision to serve as a humble partner and provide access to the tools and services for everyone in the gaming community, assisting companies with ambitions to navigate and reach emerging markets swiftly. This expansion is not just a physical establishment; it is the center of China’s technology and gaming community.

Under the theme “Equal Access for Everyone,” the opening ceremony is expected to gather industry leaders, esteemed partners, and media representatives to witness the unveiling of a new chapter that promises to bring forth opportunities, foster talent, and encourage the creation of groundbreaking gaming experiences. The event will feature various performances and interactive sessions designed to encapsulate the spirit of exploration and the limitless potential of the gaming industry.

A highlight of the ceremony will be introducing specialized programs and partnerships to bolster the growth of the gaming ecosystem in China, which is extended by geographical borders. These initiatives include strategic collaborations with key platforms and creators to provide comprehensive marketing support, enhance game development, and optimize monetization strategies, laying the groundwork for Chinese games to thrive globally.

Jingbo Chen, Head of the Greater China Region, will share insights on Xsolla’s strategic goals and visions for the market. “The opening of our office in Beijing marks a pivotal step in Xsolla’s journey to facilitate the global expansion of games created and developed in China. Our commitment is to be the cornerstone for developers and publishers, offering them a gateway to explore and excel in international markets,” stated Jingbo.

Berkley Egenes, Chief Marketing Officer and Chief Growth Officer of Xsolla, added, “The establishment of our Beijing office is a testament to our belief in the potential of local game developers and their creations on the global stage. By fostering closer collaborations and providing direct support, we are excited to play a part in showcasing China’s gaming innovation to the world. This initiative underscores our dedication to empowering the gaming community, ensuring our partners have the tools and resources to succeed in an increasingly competitive market.”

Stay tuned for more updates, and follow Xsolla on WeChat to stay updated on the Greater China Region’s endeavors and upcoming projects. Follow and get involved in the discussion at:

SmartHomes Infrastructure Pvt. Ltd. Launches Dholera Forest Estate

July 23, 2024,Ahmedabad, Dholera, Gujarat, India : SmartHomes Infrastructure Pvt. Ltd. proudly announces the launch of Dholera Forest Estate, setting a new benchmark as the first-ever forest-themed plotted development project in Dholera Smart City. Spanning an expansive 2.08 lakh sq yards, this innovative project not only promises sustainability but also offers robust returns for investors across generations.

“Our commitment to environmental stewardship and our deep reverence for nature have inspired us to create Dholera Forest Estate,” says Rupinder Singh, Founder of SmartHomes Infrastructure Pvt. Ltd. “Imagine a haven where meticulously landscaped gardens, serene wooden footbridges, and an abundance of trees converge to create an idyllic setting for sustainable living and prudent investment.”

Singh further elaborates, “Beyond creating residences, we envision crafting a lifestyle imbued with wonder, joy, and luxury through a harmonious blend of natural elements and architectural excellence. Dholera Forest Estate is more than a community; it’s a legacy that promises boundless happiness to residents and substantial potential to investors alike.”

Located on the outskirts of Dholera SIR, Dholera Forest Estate enjoys seamless connectivity via multiple access roads. The estate features extensive green spaces, tranquil walkways through woodlands, a tree house, a vibrant festive lawn, children’s play areas, a state-of-the-art clubhouse for diverse activities, and a serene temple. Additionally, the project includes a Forest Shopping Arcade with 50 commercial plots, enhancing convenience and commerce within the township.

As SmartHomes Infrastructure Pvt. Ltd. launches Dholera Forest Estate, we embark on a journey to redefine urban living in Dholera Smart City. With a steadfast commitment to sustainability and innovation, this landmark project not only sets a new standard for residential development but also creates a harmonious environment where nature thrives alongside modern comforts. Dholera Forest Estate stands as a testament to our vision of building communities that inspire and endure, offering residents a place to call home and investors a gateway to long-term prosperity. With its strategic location, thoughtful design, and unparalleled amenities, Dholera Forest Estate invites everyone to experience a lifestyle enriched by nature’s beauty and the promise of a prosperous future.

Kinara Capital Ranked on FT500 List of ‘Top 500 High-growth Companies in Asia-Pac’ for the 5th Consecutive Year

23rd July 2024  Bangalore, Karnataka, India Kinara Capital, a fintech driving financial inclusion of small business entrepreneurs in India, announces ranking on the esteemed FT500 list of Top 500 High-Growth Companies in Asia-Pacific, published annually by the Financial Times and Statista. This year’s listing also places Kinara Capital among Asia’s Top 40 Fastest Growing Fintechs.

This is the 5th consecutive year for Kinara Capital to be positioned along with other independent companies that are contributing to Asia’s economic growth. The rigorous criteria for the FT500 ranking, including a minimum CAGR of 15.1%, highlight the selectivity of this recognition. Compliance with these criteria further validates Kinara Capital’s position as a key player in India’s, as well as Asia’s economic growth arc.

Reflecting on this milestone, Hardika Shah, Founder & CEO of Kinara Capital, expressed profound gratitude and stated, “We are honored to rank on the FT500 listing for the 5th consecutive year. At Kinara Capital, we have led with an impact-oriented sustainable growth mindset from the beginning. Our determined focus, combined with strong unit economics, has led to us consistently delivering value to all our stakeholders. Asia is tilting the world’s economic fulcrum with rapid economic growth, which makes the FT500 ranking even more superlative. We at Kinara Capital are immensely humbled by this merit-based recognition.”

With a combination of technology-led processes and doorstep customer service, Kinara Capital is leading MSME financial inclusion. The company’s fast and flexible approach to financing is perfectly positioned to support small business entrepreneurs. To date, Kinara Capital has cumulatively disbursed INR 6,700 crores across more than 1 lakh collateral-free business loans. With its multilingual myKinara App, MSME business owners can start the process from their smartphones and check their eligibility instantly without uploading any documents. Kinara Capital provides collateral-free business loans in the range of Rs. 1 lakh to Rs. 30 lakhs to over 300 MSME sub-sectors across Manufacturing, Trading, and Services sectors.

The FT500 ranking by Financial Times, with data analysis by Statista, is based on extensive research and review of several parameters, including verification of any company-provided data. Kinara Capital is recognized for its consistent and sustainable growth year on year. From India, Kinara Capital is one of the only 71 independent companies ranked on FT500 this year.

Kuldeep Gupta, Vice President (Strategic Partnership), C4V Bags the Future Energy Leader Award Middle East organized by The Economic Times EnergyWorld

23rd July 2024  New Delhi, Delhi, India  Mr. Kuldeep Gupta, Vice President (Strategic Partnership), C4V wins the Future Energy Leader Award Middle East organized by The Economic Times EnergyWorld, an arm of Times Internet in Dubai, UAE. His strong background and contribution to the Energy Sector made this achievement possible.

Mr. Kuldeep Gupta epitomizes a visionary leader within the energy sector, boasting an illustrious career spanning over one and a half decades. He embarked on his journey in the dynamic landscape of oil and gas exploration, stationed on offshore jack-up rigs in the UAE. These formative years instilled in him a profound understanding of hydrocarbon extraction methodologies, laying the groundwork for his transformative career trajectory. Mr. Kuldeep Gupta’s expertise extends to energy extraction from depths of 300 feet below the sea, showcasing his capability to harness resources from challenging environments. With experience in extracting energy from depths of 3000 meters below the subsurface, Mr. Gupta demonstrates proficiency in accessing and utilizing deep-seated energy reservoirs.

Transitioning seamlessly into the Ports & Shipping Industry, Mr. Gupta assumed pivotal roles in orchestrating the safe transportation and storage of fossil fuels. His tenure in the oil and gas sector not only honed his technical expertise but also sensitized him to the environmental ramifications of fossil fuel consumption. Mr. Gupta oversees the transportation of extracted energy in large carriers with capacities ranging from 100,000 to 400,000 barrels, indicating the scale of his operations and logistical capabilities. Energy extracted is stored at temperatures ranging from -50 to 100 degrees Celsius, necessitating advanced storage solutions involving compressors and heaters to maintain optimal conditions. This awareness became a driving force behind his fervent commitment to sustainable practices and green energy initiatives.

Embracing the winds of change, Mr. Gupta embarked on a quest to revolutionize the energy landscape, spearheading groundbreaking endeavors in lithium-ion cell manufacturing and renewable energy integration across the Middle East. In his early start, he headed the project of setting up a combined Gas Cycle Power plant of 1015MWH in the Middle East. His visionary leadership, coupled with strategic foresight, has positioned him as a catalyst for transformative change, driving the transition from fossil fuels to sustainable energy solutions. His pioneering initiatives in lithium-ion cell manufacturing and setting the whole Green Energy ecosystems have positioned the Middle East & India as a hub for cutting-edge battery technologies, fostering economic growth and innovation in the region. Mr. Gupta’s signing of numerous agreements for anode manufacturing, electrolyte manufacturing, and green aluminum production highlights his strategic focus on building a sustainable supply chain for renewable and storage sectors. Presently, Mr. Gupta is pushing efforts to diversify Business with the Government & NOCs in the process of setting ion the first Gigafactory in the state region. Mr. Gupta’s extensive experience spans deep extraction, transportation, and storage of energy resources, providing him with a comprehensive understanding of the challenges and opportunities within the energy domain.

Noida International Airport Boosts Real Estate Rates on Yamuna Expressway

23rd July 2024  New Delhi, Delhi, India  The anticipation of the Noida International Airport’s opening, likely by September, has sparked a flurry of interest in properties along the Yamuna Expressway. Investors are rushing to buy properties on Yamuna Expressway, which is near the airport and is targeted to become operational in the next couple of months, probably by September.

With the airport expected to boost economic activity and fast-track connectivity putting the Yamuna Expressway region on the international roadmap, end-users can take advantage of the current affordability of properties in this area.

In this highly positive scenario, expressing optimism about the Yamuna Expressway real estate market, Mr. Ajay Chaudhary, CMD, Ace Group said, “We are highly optimistic about the prospects of the Yamuna Expressway real estate market, especially with the imminent opening of the Noida International Airport. This development further solidifies the region’s status as a prime investment destination. Ace Group is committed to delivering innovative and high-quality projects that meet the evolving needs of our customers. We have already launched a couple of new projects on Yamuna Expressway and look forward to launching many new projects that will contribute to the growth and prosperity of this vibrant area.’

Emphasizing the airport’s potential impact, Mr. Sumit Gupta, Managing Director, Alstone Manufacturing Pvt. Limited said, “The upcoming opening of the Noida International Airport is poised to be a significant catalyst for the region, not only boosting the real estate sector but also providing a substantial uplift to allied industries. As airports continue to be developed across India, we anticipate a corresponding surge in demand for real estate and allied industries. This synergistic growth presents a compelling opportunity for investors and businesses looking to capitalize on India’s expanding aviation infrastructure. Drawing from our experience, such as our successful cladding projects at the airports across Ayodhya, Gwalior, Shivmooga, Ahmedabad, and Adampur where we utilized Alstone cladding, we are well-positioned to seize similar opportunities and continue contributing to the entire industrial landscape of the country.”

While highlighting the current affordability of properties, Mr. Arjunpreet Singh Sahni, Executive Director, Solitaire Group said, “With the airport expected to boost economic activity and the fast-track connectivity putting Yamuna Expressway region on the international roadmap, it’s time for early investors to reap rich rewards. Our Solitairian City project at this location has seen significant appreciation in property rates. However, end-users can take advantage of the current affordability of properties at this location, as they may not find similar affordable prices once the momentum picks up.”

Mr. Gautam Kanodia, Co-founder of Kanodia Group, emphasized the transformation in the Yamuna Expressway real estate market, stating, “Noida International Airport is catalyzing a notable transformation in the Yamuna Expressway real estate market. Its opening will be a pivotal development that will underscore the region’s burgeoning potential as a premier investment hub. At Kanodia Group, we are steadfast in our commitment to crafting living and work spaces that harmonize with contemporary aspirations and lifestyles. Our projects epitomize our unwavering dedication to excellence and innovation, providing unparalleled experiences for our discerning clientele.”

Meanwhile, this development opens up prospects for the growth of all stakeholders in the real estate sector, as the allure of both residential and commercial properties in the region is set to draw in new buyers. The surrounding area is emerging as a prime location for fresh investments, leading to a surge in property values due to escalating demand. “The Yamuna Expressway real estate market is booming as it has high potential in terms of investment and growth. The impending opening of Noida International Airport is a game-changer for this region, and we expect property prices to rise significantly in the near future,” said Mr. Vijay Jain, Managing Director, Star Estate, while shedding light on the booming real estate market of Yamuna Expressway.

UAE-based realty major Danube Properties, which recently announced a 65-storeyed skyscraper named Diamondz located at Jumeirah Lake Towers in Dubai, is also very optimistic about the upcoming opening of Noida International Airport. It’s very bullish about the positive impact of this airport on the real estate markets. Mr. Rizwan Sajan, Founder and Chairman, Danube Group said, “Airports play a pivotal role in driving growth in every real estate location, and similarly, Noida International Airport is here to bring about a transformative change and it also brings us closer to our Indian homebuyers. Living at a location with an international airport in close vicinity is a lifestyle choice that offers convenience and accessibility to global property hubs. Danube looks forward to every opportunity emerging in India and its properties back in Dubai. Especially with our 1 percent payment plan, we want more and more Indians to leverage the opportunity and own their choicest property of their own in our new project Diamondz rather than living in rented accommodations.”

Meanwhile, several early real estate projects on Yamuna Expressway are experiencing substantial price appreciation, marking the highest rise in NCR. As the countdown to the airport’s opening continues, the Yamuna Expressway real estate market is expected to remain bullish. Meanwhile, those looking to invest in the region are advised to act swiftly to secure their investments before property rates escalate further and reach an unaffordable limit.