New Delhi, July 25, 2017: Naredco welcomes the appointment of Shri Narendra Singh Tomar as Ministry of Housing and Urban Affairs.

The industry body is hopeful that the Ministries will continue to work on the reforms agenda propagated by his predecessors

New Delhi: The recent cabinet reshuffle and the appointment of Shri Narendra Singh Tomar as Ministry of Housing and Urban Affairs is seen as a welcome move by industry veterans. Real estate industry body, Naredco has hailed the appointed of Shri Tomar as Ministry of Housing and Urban Affairs. Government on Tuesday announced that Shri Tomar will have the additional portfolio of the two ministries along with that of Rural Development and Panchayati Raj. This announcement came after senior BJP leader Shri M Venkaiah Naidu, who is the government's nominee for the position of Vice-President, resigned from his ministerial responsibilities.

Commenting on the appointment, Parveen Jain, President, Naredco, said, “Real estate industry continues to support the various incentives of the government to boost the growth of the sector. Shri Tomar’s appointment is a step in this direction. We are confident that his appointment will be an advantage to the industry and he will continue to work on the reformist agenda that his predecessors such as Shri M Venkaiah Naidu had initiated.”

Born in June 1957, Shri Tomar is a senior BJP leader and member of Lok Sabha from Gwalior Constituency. Since the government formation in 2014, he has held over various portfolios including the Ministry of Mines, Ministry of Steel and Ministry of Labour and Employment.

Corporate Comm India(CCI Newswire)


The project is one among the 17 in Karnataka with a Platinum pre-certification

Bengaluru, July 25, 2017: In pursuit of its green mission, Kumari Builders and Developers is working towards obtaining 'Platinum' certification for its Kumari Amaranthine project in Bengaluru's Bellandur area. The certification is in compliance with the Green Homes Rating System issued by the Indian Green Building Council (IGBC).

As a step towards this goal, Kumari Amaranthine, ready to be occupied by August 2018, is already pre-certified as a 'Platinum-rated project'. It is one among the 17 Platinum-rated pre-certified projects in Karnataka . The IGBC Green Homes Rating System addresses green features under the following categories: site selection and planning, water conservation, energy efficiency, materials and resources, indoor environmental quality, innovation and design process.

The futuristic project embraces a green future with the clear aim to reduce, reuse and recycle. Kumari Amaranthine's green features include roof gardens, solar panels and grey water recycling systems for effective energy, water and waste management.

"Having met all criteria under the IGBC categories and with an achievable target of 92 points out of 100, Kumari Amaranthine is well on its way to obtaining Platinum certification. We will leave no stone un turned in reaching this goal towards conserving the environment, while offering our customers a quality living space and ensuring that every family at Amaranthine does its bit for the environment," explains Ashok Naidu, Director, Kumari Builders and Developers.

What does the Platinum certification ensure?

To the environment it means long-term protection through the much-needed conservation of precious resources such as water and energy.

About 50,000 litres of water is saved every day at Kumari Amaranthine from recycling alone. An advanced Sewage Treatment Plant (STP) ensures that money is saved on buying additional water from water tankers, otherwise needed for car-wash, landscape watering, and use in toilet flush tanks. The project also has a separate grey water treatment plant which handles the used potable water. The recycled grey water can be used for domestic purposes.

The energy-saving measures adopted at Amaranthine include a 40KW in-house solar plant, energy-saving fittings and efficient distribution of power, among others. Moreover, the structures have been built with clay blocks – a 100% natural, green product that is non-toxic – and the windows fitted with glazed glass. Both clay blocks and glazed glass provide better insulation. It helps reduce the need, and therefore, costs of AC and other ventilation devices.

To every home owner, the Platinum certification would translate into direct savings on utility bills.

At Kumari Amaranthine the monthly water savings through recycling alone amounts to a whopping 15,00,000 litres. Water costs about 10 paisa per litre in Bengaluru, and hence the savings per home per month stands at about 1,500 rupees. This is for water saved through recycling alone. Water consumption is further reduced through low flow water fixtures, rain water harvesting and bore well recharge.

The clean and green energy generated from the solar plant combined with other energy-saving factors at Kumari Amaranthine leads to savings of up to another 1,500 rupees per month per home. This saving is as per calculations by EDGE, a unit of International Finance Corporation, World Bank Group.

"The Platinum certification would mean that in addition to the tangible benefits of reduction in water and energy costs during the entire life cycle of the building, there are various other indirect benefits to the environment and the home owners. Conservation of scarce natural resources, improved air quality, enhanced health and well-being of the families and excellent day lighting are some of the benefits that we are happy to pass on to our customers," adds Ashok.

Corporate Comm India(CCI Newswire)

New Delhi, July 24, 2017:Stay city, one of Europe's leading apart hotel operators, has this week announced details of its new premium brand -Wilde part hotels by Stay city. With the name inspired by Irish 19th century playwright Oscar Wilde to emphasise its Irish provenance, the concept will be rolled out across gateway city centre locations throughout Europe. The first will open this Autumn on London's Strand, followed by properties in Edinburgh, Manchester and Berlin.

"Wilde by Stay city has a clear personality and its distinctive style, comfort and clever design will appeal to today's city traveler whilst retaining our trademark home-away-from-home hospitality," said Tom Walsh, Stay city Apart hotels' CEO and co-founder.

The 106-room building on The Strand, managed by LaSalle Investment Management on behalf of one of its clients, was developed for Stay city by Galliard. Stay city Apart hotels has a 35-year lease on the property, which will offer studios and deluxe studios over eight floors including three sky level studios.

Wilde Apart hotels by Stay city offers guests the latest intelligent in-room technology including a 43" flat screen smart TV and touch control panels for lighting, air conditioning, towel rails and blinds. Luxury features include a super-comfy XL-sized bed, rainfall shower and high quality bed linen complemented by a collection of Irish inspired crafted accessories and soft furnishings.

The studios and deluxe studios have fully equipped kitchenettes with a Nespresso machine and Nutri-Bullet for quality coffee and juicing. All rooms are fitted with a Handy guest smartphone device offering free local and international phone calls to selected destinations.

The look is completed with solid oak flooring and a finely detailed piece of handcrafted joinery curated with local curiosities whilst also housing the kitchen and bathroom. Rooms and public spaces contain bespoke artworks, commissioned by Wilde to capture its distinct personality.

"The brand combines design cues from its locality coupled with an Irish stamp that alludes to its heritage. We intend Wilde to have a true sense of place, with designs continuing to evolve at each property," added Tom Walsh.

The Wilde concept was created by Stay city's in-house design team along with renowned architects Heneghan Peng, the London branch of design firm Perkins + Will, and Dublin-based branding agency Zinc Design. www.staycity.com

Corporate Comm India(CCI Newswire)

New Delhi, July 24, 2017: Anxiety and excitement are inevitable when it comes to relocating from one place to another, one city to another or one country to another. It's really stressful for the individual or family when it comes to packing and moving of their invaluable assets It's not just about moving these personal effects, it's about relocating with items which have a lot of emotions attached. It could be about that first anniversary gift, that inherited piece of furniture, an exquisite piece of art or for that matter your child's first picture frame. Basically everything that matters to you has to be relocated. At such point of time, choosing the right and genuine Packing and Moving company is the 1st step to a hassle-free move.

Interem is a leading player in the relocation industry globally with a formidable presence in Middle East & India. This is the 1st leading multinational relocation compa ny to venture into the Indian markets in 1997. Interem is apart of the US $450 million Freight Systems Group, a dubai based multinational, founded in 1988, which has grown rapidly in its range of services, turnover and geographic coverage. Interem offers reloc ation services to more than 170 countries worldwide. Recently they have relocate GOOGLE. Interem's solutions guarantee an unmatched global relocation service to individuals as well as small enterprises and large multinational corporations across the world. Interem is amongest the first few multinational companies to have ventured into the removals business to India in the year 1997 from Mumbai and quickly spread its wings to the other major metros like Gurgaon, Banglore, Chennai, Hyderabad, Pune, Kolkata, Ahemdabad and Coimbatore. There India operations alone have assisted in relocating household goods for more than 50,000 transfers since its inception in 1997.

While we spend a lot of time selecting the best things for our house, I feel that do not spend any time in evaluating the companies that we select to get quotations. There is rarely a due diligence we do to know the background of the organisation and the kind of services they could offer and the market credibility. This casual approach of selection a packing and moving company without investigating more about them results in bad experiences which cannot get rectified. Packing and moving is a serious activity and not all understand this well. Most transporters today consider them as packers and movers because they feel that its about transporting goods. While, transporting the goods are certainly a part of packing and moving, there are other critical areas like the quality of surveyors, packing crew, material, loading of the assets and most important the empathy that the team must have towards the customers and their goods during the stressful time.

As the entry level barriers are negligible, the so called packers and movers can buy old cartons from a scrap dealers, get some roadside labor who do not have any background check and a truck from a truck hiring stand to initiate a packing. Many of these companies use the name of reputed moving companies to dupe the customer and in most cases end up being successful in securing the business. We have also been reading about it at a lot of places that how people have been duped by such fakesters. With the requirement for packing and moving increasing every day and there being no recognized association to certify moving companies and provide ratings, Mr Rahul Pillai, CEO, Interem Re locations suggests some simple yet comprehensive methodology to select the right moving company for your next move:

  1. Choose a FIDI certified mover: It is highly recommended to select a FIDI accredited company in your country. FIDI is the only recognized affiliation globally for the moving industry which is given to a company after a physical audit by the Ernst & Young. This ensures that certain global standards being met by the Moving company in each market. FIDI also checks the financials of the company to ensure that they have a sound financial position and are covered for the liabilities which cannot be fore casted. They also look at files and rate your claim as well as customer satisfaction ratio. This 1st level of filter can get you to the list of companies who are certified globally and are different from the hordes of unorganized so called packers. You can check for a FIDI certified mover from the FIDI website which is www.fidi.com .
  2. Pre move survey: This becomes the most critical aspect once you have shortlisted the moving companies whom you wish to work with. Either a physical survey or a video pre move survey will be the best way to assess the shortlisted companies. That way you can understand the local infrastructure, move process and references which will enable you to further shortlist the moving companies. During a video survey you could ask the surveyor to take you around his facility, material and store area as well which will give you an overview about the business model. This also is less time consuming for you and gets you a 1st hand view about your prospective mover. 
  3. Visit their office: This maybe time consuming but in an event of you not having much clarity, it's worthwhile to drop by at the movers office without any intimation and see for yourself what happens.
  4. Quotation Review: Once you have made the quality valuation, it's important to do the commercial valuation. Please ask for a door to door service and check all the exclusions provided by each mover very clearly. This will help you to understand if it's an apple to apple comparison with no hidden charges. Do check the volume estimated, transit time, service inclusions / exclusions, door to door rate, insurance premium, union charges, taxes to arrive at the final number to make a clear comparison between the selected moving companies.
  5. Transit Insurance:Underwriting the risk during the door to door movement will be a key as that could at times be really painful. Like we do life insurance, health insurance or vehicle insurance, transit insurance of your household goods while being packed and moved is very critical. It is important to understand the features of the policy that is being offered by the shortlisted moving companies and check the following:
    1. Insurance premium rate
    2. Declare goods basis replacement cost and not as per depreciation rate.
    3. Minimum deductions in case of a claim?
    4. What does the policy include and exclude?
    5. Claim processing timelines?
  6. Get everything in writing: Business does not understand verbal communication. Proof is imperative. So, get everything in writing. Be it the quote, commitments given by the mover, list of inventory, insurance documents, promises, terms and conditions, etc. Also, each relevant document and mail should be carefully checked in order to avoid future trouble.

If the above points are covered, there is a high chance that you will be able to have a seamless move with the least of heart burns.

Corporate Comm India(CCI Newswire)


New Delhi, July 24, 2017 : Catalysed by the availability of affordable homes, superior connectivity, great advancements in infrastructural developments and what all has been planned in terms of future growth prospects; New Gurgaon has off late emerged as a spirited residential and commercial hub in the National Capital Region. New Gurgaon has been immaculately planned and it's two main clusters include Sectors 102 – 113 along the to be operational Dwarka Expressway and Sectors 76 – 95 & 95A. The region has seen keen interest from top developers such as DLF, Vatika, Ansal Housing, etc. and for that matter, even North India's leading affordable housing developer Signature Global.

Commenting on how New Gurgaon is developing into a state of the art modern micro pocket, Avneesh Sood, Director, Eros Group says, "The two regions are emerging well into micro pockets and have been identified as budding strips for residential projects in Gurgaon, along the National Highway 8. The catchment area of these pockets extends from the sectors immediate after the Kherki Daula toll plaza and extending up to Manesar. Accessibility and good existing connectivity has also made this region more visible to the masses."

New Gurgaon scores very high on connectivity front with direct access to NH 8, KMP Expressway and the Dwarka Expressway. With rail and air connectivity in close vicinity, it only adds more feathers to the cap and an ISBT has already been proposed close by to this micro pocket will only provide extra impetus to it's growth quotient. Putting more weight on it, Pradeep Aggarwal, Co – Founder & Chairman, Signature Global says, "For the development of a region, infrastructure and connectivity go hand-in-hand and are of utmost significance. Without either one of them, the region can only witness growth at snail's pace which in present time, won't be considered suitable for development and returns. Projects like DMIC and Gurgaon Manesar Urban Complex give this region an edge over the others which is solely the reason why the workforce of Manesar and Gurgaon are eyeing the new developing sectors owing to the availability of affordably priced homes."

In terms of other infrastructural developments, New Gurgaon has still a long way to go by the standards of what has been planned for this region. Social infrastructure is almost absent if one talks as of today but with considerably progress on physical infrastructure, social infrastructure will also catch up pace. However, from an investment point of view, New Gurgaon has all the attributes which makes it a preferred destination for better real estate returns. Explaining further on this, Rakesh Yadav, Chairman, Antriksh India Group says, "The pressure on the existing infrastructure is increasing day by day and newer areas need to be developed on priority. New Gurgaon is the outcome of one such decision but to help the cause further, these upcoming regions will have to well supported with socio – physical infrastructure enabling them to meet the standards of the millennium city. One of the key factors attracting buyers towards the area is its connectivity with Delhi on one side and Neemrana on the other via NH 8."

There are already large township projects which have been planned in New Gurgaon and some are even delivered. The Delhi Mumbai Industrial Corridor (DMIC) has plans of developing multiple centres of excellence and is likely to provide further impetus to growth around this micro pocket. DMIC is bound to see huge investments in the form of FDI which will not only boost the overall economy of the country but also the clusters falling along it. Automobile and other subsidiary industries have already created a hub out of Manesar which is a promising sign. Commenting on how all these parameters including connectivity have acted as the backbone for the sector, Kushagr Ansal, Director, Ansal Housing concludes, "There are two ways of providing proper connectivity to a property, the first is choosing an area which is already well connected and the other would be to develop the property and then wait for the connectivity to improve. Sound infrastructure has always been substantial to meet the initial and continuous footfall in a region. In case of New Gurgaon, connectivity is in surplus but still lot of ground has to be covered in terms of social infrastructure and civic amenities because in the absence of these, you cannot have a complete property in true sense. And in the long run as infrastructure steps up in the region, realty prospects will greatly shape up."

Corporate Comm India(CCI Newswire)

New Delhi, July 24, 2017: UAE-based conglomerate Mulk Holdings has invested Rs 100 crore to pick 50% stake in Mumbai-based Mirage Ceramics. The Indian Ceramic Tiles industry does a humongous business of about INR 25,000cr per anum. With the support of a handful of respected brands, powering a large chunk of this business, and numerous upcoming ones, the ceramic tiles sector is one of the most dynamic sectors in India.

Said Mr. Shrikant Khadilkar, Chairman, Mirage Ceramics, “We have built Mirage Ceramics brick by brick, from a company with a single store to having over 450 dealers today, in all parts of the country. We’ve been pioneers who have pushed the envelope in the Indian ceramics sector. Now, we are re-inventing by introducing two distinct product lines. The first will be an elite collection which introduces Gold, Platinum and Rose-Gold finishes for the truly bespoke spaces. The second will be an affordable line that is more suitable for the immense demand in India’s thriving real estate, hospitality, healthcare, housing and retail sectors. With this investment, we will reach further into India’s deep pockets, providing them with classy, affordable tiling solutions that they didn’t think were possible. We are elated to join hands with Mulk Holdings, whose eye for identifying the right sectors and companies all over the world is laudable. We are certain that their global presence and expertise will benefit us a great deal and help us expand globally.”

Mirage Ceramics, a young 8-year old company that is managed by industry stalwarts with over two decades of experience, was the first Indian company with its own production setup of Glazed Vitrified Tiles (GVT). Later, with the successful replication of marble on to tiles and the introduction of the metallic finish, Mirage became a respected name of the ceramic industry in India. For a long time, ceramic tiles were perceived as hygiene products that served a basic need for cleanliness. However, Mirage completely changed that expectation with its tiles, which, in addition to being high on utility, came in a variety of finishes such as metallic, satin, matt, high gloss, stone, slate, wood, gold, silver, marble, lappato and rustic, thus making them the perfect for indoor as well as outdoor decoration. Over the years, Mirage has found its way into India’s most prestigious addresses, helping to sheen up classic and modern spaces.

Mr. Shaji Ul Mulk, Chairman, Mulk Holdings said, “Mulk Holdings is always on the lookout for companies that are dependable, brave, innovative and in a segment that has growth potential. Mirage Ceramics fits the bill perfectly. India is globally ranked number 3 in production, and it’s only going to go higher. We expect Mirage to be a major player in this growth. The local availability of raw materials, skilled and unskilled manpower, a great domestic demand and a bullish scope for exports give us the confidence that Mirage Ceramics is going to go from being successful locally in the short term to being a global hit in the future. It’s an exciting investment for us and we have worked together on a detailed plan to make sure that all the resources are utilised judiciously.”

Mr. Shaji Ul Mulk further added, “India is a very lucrative market for us. The economy is booming and we look forward to an ongoing investment here over the next five years, during which we will be investing more than Rs. 1,000 crore in the Country”.

With a portfolio of 18 companies across 11 countries Mulk Holdings has business interests across interior and exterior designs, metal composites, plastic industries, power generation, healthcare, real estate and solar energy. Their flagship brand, Alubond, a manufacturer of building façade panels, has a sales and distribution network in over 100 countries.

The government’s focus on easing policies to aid businesses seems to be off to a promising start. The domestic growth is projected to be at 15%, ahead of the global standard of 11%. In the past 6 years itself, the ceramic sector has seen an investment of over INR 6,000 crores and the next few years are likely to see this figure jump up. With Mulk Holdings’ major investment in Mirage Ceramics, the world’s attention has been drawn to India’s ceramic tile industry. And it promises to yield results faster than one would expect.

Corporate Comm India(CCI Newswire)


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