The data highlights the impact of the Dussehra and Diwali celebrations on the city’s real estate activity, particularly in the municipal region under BMC (Brihanmumbai Municipal Corporation) jurisdiction. This growth marks a significant rise from 10,607 units registered in October 2023.

Residential units dominated this upward trend, comprising 80% of the total registrations for the month, emphasizing a strong and steady demand for housing in Mumbai.

October 2024 noted a marked increase in demand for high-value properties, with transactions for properties priced above Rs 2 crore reaching 2,876 units.

This high-end segment accounted for 22% of total registrations, up from 18% in October last year. The trend showcases an upward shift in consumer preference for premium properties, reflective of Mumbai’s resilient real estate market.

Conversely, the share of registrations for properties priced below Rs 50 lakh dropped significantly from 27% in October 2023 to 20% in October 2024, indicating a shift towards mid-to-high-end property investments.

Here is what real estate industry leaders have to say on the robust property registrations in October 2024:

Mr. Prashant Sharma, President, NAREDCO Maharashtra

“The remarkable increase in property registrations and revenue generation in Mumbai this October underscores the positive sentiment surrounding property investments during the festive period. The alignment of auspicious occasions like Navratri and Diwali in the same month has certainly catalyzed this growth, as buyers view this as an ideal time to make high-value investments.

This trend reflects the growing confidence in Mumbai’s real estate market, supported by strong demand across segments and favorable state policies. NAREDCO Maharashtra is optimistic that this momentum will continue, contributing significantly to the state’s economic growth and further bolstering buyer confidence in Mumbai’s dynamic property market.”

Mr. Rajeev Ranjan, Co-Founder & CEO, The Mentors Real Estate Advisory Pvt Ltd

“The festive period this October has brought forth a surge in property registrations, fueled by the high-value sentiment associated with Navratri and Diwali. This seasonal upturn, combined with the strategic allure of Mumbai as a premium investment destination, showcases the strength of the real estate sector as a wealth-building asset for buyers.

The impressive rise in revenue from property registrations not only reflects robust market activity but also signals a maturing buyer profile that sees long-term value in real estate. As we move forward, we anticipate sustained demand driven by such auspicious periods and consistent market confidence in Mumbai’s thriving property landscape.”

Mr. Anil Mutha, Chief Visionary & Co-Founder, Nandivardhan Group

“The strong performance in property registrations during October reflects Mumbai’s enduring appeal and the pent-up demand catalyzed by Dussehra and Diwali. The shift towards higher-value properties is particularly encouraging for developers as it indicates a maturing market where homebuyers are increasingly prioritizing location, lifestyle, and amenities. The real estate market is witnessing a transformative phase, and we are optimistic about the sector’s continued growth.”

Mr. Vedanshu Kedia, Director, Prescon Group

“The increased demand in the high-value property segment underscores a shift in buyer preference towards premium, amenitized, living experiences, as seen in the rise in registrations for properties priced above Rs 2 crore.

This trend highlights the aspirations of Mumbai’s buyers for quality and lifestyle-driven investments, and we expect this momentum to sustain as more homebuyers align their choices with long-term value creation and life-style oriented decision making.”

Mr. Rohan Khatau, Director, CCI Projects

“The significant increase in registrations, particularly in premium segments, signals a robust demand landscape driven by economic stability and aspirational buying. The reduced share of lower-value properties indicates a trend where Mumbai homebuyers are moving towards long-term investments that enhance quality of life.

The sector’s positive growth trajectory demonstrates the resilience and potential of Mumbai’s real estate market as it aligns with the aspirations of modern homebuyers.”

Mr. Govind Krishnan Muthukumar, Managing Director & Co-founder of Tridhaatu Realty

“The consistent rise in property registrations, especially during the festive season, reflects a renewed confidence among homebuyers, spurred by robust market dynamics and favorable economic conditions. The strong demand for high-value properties reaffirms Mumbai’s position as a lucrative and resilient real estate market.

With upcoming infrastructure advancements, we anticipate this trend will continue, creating positive momentum across all price segments and benefiting developers and consumers alike.”

The festive quote by Mr. Harshvardhan Tibrewala, Managing Director of Vida Realty

At Vida Realty, we are focused on developing premium, sustainable real estate projects that cater to the evolving needs of modern families. With Chembur emerging as a rapidly growing real estate market, we’ve seen a surge in interest, especially since Navratri, and we are excited to meet the demands of potential customers through our thoughtfully designed properties and flexible payment plans.

Our existing projects, such as Upper East 97, East Eden, and Roha Vatika, have set a benchmark in quality living. With our ongoing projects Eva Aria & Eva Aspire, and several upcoming projects like Vida Crest, Elevia, and JVLR60, we are targeting over ₹200-300 crore worth of property sales in the next six months.

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Quarter Highlights:

• Second highest ever Q2 Revenue since inception.
• Recorded footfalls of 4.51 lakhs.
• Bangalore Park recorded 1.96 lakhs footfalls, Kochi Park recorded 1.39 lakhs footfalls, Hyderabad Park recorded 0.92 lakhs footfalls and Bhubaneswar Park recorded 0.24 lakhs footfalls.

Half year Highlights:

• Recorded footfalls of 14.52 lakhs.
• Bangalore Park recorded 5.54 lakhs footfalls, Kochi Park recorded 4.14 lakhs footfalls, Hyderabad Park recorded 3.91 lakhs footfalls and Bhubaneswar Park recorded 0.93 lakhs footfalls.

Quarter Update:

• Footfalls for the second quarter ended September 30, 2024, were 4.51 lakhs, as against 4.96 lakhs during the corresponding period of the last financial year.
• Gross revenue for the second quarter ended on September 30, 2024, was Rs.71.23 crores, marking a 13% de-growth compared to Rs.81.41 crore achieved in the corresponding period of the last financial year.
• EBITDA for the second quarter ended September 30, 2024, was Rs.2.75 crores, marking a 90% de-growth compared to Rs.26.65 crore achieved in the corresponding period of the last financial year. This is primarily due to increased marketing expenses and expanded recruitment efforts aimed at building long-term brand value, raising awareness for the new park, and supporting Wonderla’s ambitious expansion plans.
• Adjusted EBITDA for the second quarter ended September 30, 2024, was Rs.4.74 crores, marking an 82% de-growth compared to Rs.26.65 crore achieved in the corresponding period of the last financial year.
• Profit after tax for the second quarter ended September 30, 2024, was Rs.14.72 crores, marking a 9% growth compared to Rs.13.52 crore achieved in the corresponding period of the last financial year.

Half year Update:

• Footfalls for the half year ended September 30, 2024, were 14.52 lakhs, as against 15.98 lakhs during the corresponding period of the last financial year.
• Gross revenue for the half year ended on September 30, 2024, was Rs.248.69 crores, marking an 8% de-growth compared to Rs.271.67 crore achieved in the corresponding period of the last financial year.
• EBITDA for the half year ended September 30, 2024, was Rs. 98.71 crores, marking a 34% de-growth compared to Rs.149.15 crore achieved in the corresponding period of the last financial year.
• Adjusted EBITDA for the half year ended September 30, 2024, was Rs.106.54 crores, a 29% de-growth compared to Rs.149.15 crore achieved in the corresponding period of the last financial year.
• Profit after tax for the half year ended September 30, 2024, was Rs.77.96 crores, marking a 20% de-growth compared to Rs.97.99 crore achieved in the corresponding period of the last financial year.

Business Outlook:

Commenting on the performance during the quarter, Mr. Arun K Chittilappilly, Managing Director, Wonderla Holidays Ltd., said “Wonderla’s achievement of its second-highest Q2 revenue since inception highlights the brand’s resilience and appeal, even in a dynamic market environment. This quarter’s footfall of 4.51 lakh reflects our dedicated efforts across Bangalore, Kochi, Hyderabad, and Bhubaneswar, despite challenges from shifting consumer preferences and natural disruptions, including landslides in Kerala and floods in Andhra Pradesh and Telangana. Each park made significant contributions, underscoring Wonderla’s regional strength and the sustained popularity of our offerings.

A significant milestone this quarter was the grand opening of Wonderla Bhubaneswar, inaugurated by the Deputy Chief Minister of Odisha, which has expanded our footprint and strengthened our presence in Eastern India.

While discretionary spending showed caution, our strategic emphasis on growing non-ticket revenue and engaging higher-value visitors has supported profitability. This quarter also saw a notable rise in online bookings especially across our established parks in Bangalore, Kochi, and Hyderabad compared to the same period last year. This aligns with Wonderla’s focused efforts to expand its online presence each year. Wonderla remains steadfast in delivering world-class experiences and adapting to shifting market trends. Our ongoing commitment to innovation and operational resilience not only reinforces current growth but positions Wonderla to capture new opportunities within India’s expanding amusement and entertainment sector.”

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Mumbai, 06 November 2024 – Supreme Universal, a prominent name in Mumbai and Pune’s real estate landscape, is proud to announce the launch of the second phase of its luxury villa township, Supreme Villagio, situated  in Somatane, Pune.

Following the tremendous success of the first phase launched in early 2023, which saw nearly 100 villas sold, the company is now introducing an additional 70 exclusive 4 BHK villas. The second phase aims to cater to the ever-growing demand for sumptuous in the Pune region, drawing interest from both domestic and international buyers.

Supreme Villagio, spread over 16 acres, offers premium residential experience, elite accommodations and natural surroundings. The first phase of the project, launched in early 2023, quickly gained traction among high-end homebuyers and investors.

Close to 100 villas were sold out within a year, and the project is set for delivery early next year. This overwhelming response encouraged Supreme Universal to advance plans for the second phase, offering an additional 2.5 lakh sq. ft. of opulent living space.

Vishal Jumani, Joint Managing Director of Supreme Universal, expressed their excitement for the second phase: “The first phase of Supreme Villagio surpassed our expectations in demand and sales, generating significant interest from local and NRI buyers.

The second phase is already generating inbound demand from high-net-worth individuals (HNWIs) and investors from cities such as Pune, Mumbai, Ahmednagar, Aurangabad, Jaipur, Delhi and NRI markets like US, UK, UAE, Singapore and Australia.

The project’s unique location, the upcoming Navi Mumbai Airport, and the 105 km Eastern Ring Road add immense value to this development as an affluence investment opportunity.”

Supreme Villagio sets a new benchmark in villa living, standing out as a premier residential development. Situated 600 meters above sea level, it enjoys the same altitude and natural climate as Lonavala, offering residents fresh air, lush green surroundings, and a peaceful lifestyle away from the bustle of city life.

The project is well-connected to Pune’s major hubs, including Baner, Hinjewadi, and PCMC, as well as to the Mumbai-Pune Expressway and Old Mumbai-Pune Highway, ensuring easy access to both Mumbai and Pune.

In terms of amenities, the project boasts a grand central boulevard, a majestic clubhouse, a large swimming pool, manicured gardens, and a range of recreational activities. With its proximity to reputed schools, hospitals, and entertainment hubs such as Phoenix Mall in Wakad, Supreme Villagio offers residents an integrated, lifestyle-focused living experience.

The newly launched second phase includes 70 exclusive 4 BHK villas designed to elevate luxury living. Each villa has Private top terrace, two parking spaces, lift provisions, and a helper’s room. Several units are strategically placed facing the green spaces and central boulevard, providing breathtaking views and seamless access to the project’s premium amenities.

“The second phase has been designed to meet the evolving needs of top-tier homebuyers. Our focus is creating a living space with state-of-the-art facilities, a connection to nature, and a peaceful retreat,” added Mr Jumani.

Located near the Gahunje Cricket Stadium and surrounded by several landmarks, such as the Prati Shirdi Temple and Japalouppe Equestrian Centre, Supreme Villagio offers a serene and healthy lifestyle. It is also well-suited for weekend leisure activities such as golfing, paragliding, and equestrian sports, with coaching centers nearby.

Mr Jumani, “Supreme Villagio is naturally gifted with beautiful weather and offers a lifestyle emphasizing well-being, leisure, and privacy. This project is ideal for buyers looking to escape the concrete jungle and reconnect with nature while enjoying all the conveniences of modern living.”

Supreme Villagio’s remarkable first-phase achievements have set the stage for its impressive second phase, further solidifying its reputation as a pioneer in redefining luxury residential standards.

Supreme Universal remains committed to creating spaces that offer elegance and comfort while meeting the growing demand for high-quality, nature-immersed living experiences in Pune’s most sought-after neighborhoods.

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We are proud to announce the success of Eva Aria, an elegant residential project in the vibrant locality of Chembur, Mumbai, which has already sold more than 50% of its inventory at its foundation stage. This project was initiated under Vida Realty’s old brand name i.e. Roha Realty and will be completed under the same banner.

Designed to cater to a variety of lifestyle preferences, Eva Aria offers a range of 2, 3, and 4 BHK apartments, with unit sizes from 624 to 1248 sq. ft. The under-construction project is set to introduce a refined living experience to Mumbai’s rapidly evolving skyline.

Eva Aria is equipped with premium amenities that every homebuyer seeks in modern urban living, including a state-of-the-art gymnasium for a well-rounded lifestyle. Every detail has been meticulously planned to create a harmonious blend of comfort and luxury.

Speaking on the project’s early success, Harshvardhan Tibrewala, Managing Director of Vida Realty, remarked, “We are thrilled to see such a strong response to Eva Aria, with more than 50% of our inventory sold at the foundation stage itself.

Our deck apartments are in high demand offering a unique blend of spaciousness and functionality. Customers have expressed appreciation for the thoughtfully designed layouts, finding them open and accommodating, complemented by the exquisite amenities that add real value to their living experience. It’s gratifying to know that Eva Aria’s offerings resonate well with today’s discerning buyers.”

Strategically located in Chembur, Eva Aria offers residents easy connectivity to the rest of Mumbai through a network of roads, including the Eastern Express Highway and Santacruz-Chembur Link Road.

Proposed Metro Line 4 (Wadala-Ghatkopar-Mulund-Thane-Kasarvadavali) will link Chembur to key areas, and Metro Line 2B (D.N. Nagar-Mankhurd) will further enhance intra-city connectivity.

Neighboring areas like BKC, Powai, Andheri, and Lower Parel offer diverse opportunities across the corporate, tech, and entertainment sectors. Eva Aria is only minutes away from top international schools and major entertainment hubs, ensuring a well-rounded and convenient lifestyle.

Eva Aria is fully compliant with the Real Estate Regulatory Authority (RERA) standards, bearing the RERA No P51800054410.

Homebuyers can be assured of our commitment to transparency, quality, and timely completion. For those seeking an ideal home in the heart of Chembur, Eva Aria presents an opportunity to experience the finest in city living with ease and convenience.

About Vida Realty:

Vida Realty, formerly known as Roha Realty, is the real estate arm of the multinational Roha Group. Since its inception in 2019, the company has developed over 1 million sq. ft. of premium residential spaces across Mumbai. With a mission to offer quality homes that cater to a diverse audience, Vida Realty combines innovation and sustainability to create opulent, durable spaces. The company is committed to transforming the real estate sector with unique customer promises and a focus on sustainable living.

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Bengaluru, November 04, 2024: NBR Group, a renowned name in Bengaluru’s real estate landscape for over 25 years, has unveiled a new logo and brand tagline “Elevate to Extraordinary”, as it moves from mid-segment homes to luxury hi-rise gated community living. This transformation underscores the company’s commitment to excellence in urban living.

With an impressive portfolio that includes diverse residential and real-estate developments, NBR Group has sold over 12 million square feet of residential space and cultivated a loyal customer base of more than 7,000 homeowners.

The new logo symbolizes clear specific communication with bold letters symbolic of building new-age futuristic construction providing aspirational lifestyles and the dedication to creating gated communities that emphasize modern amenities, open spaces, and high-quality infrastructure.

The enhanced brand identity highlights a strong commitment to sustainability and contemporary luxury design, ensuring that every project meets the aspirations of discerning residents.

NBR Group’s royal blue color represents trust, reliability, and sophistication, the main three pillars that resonate deeply with NBR Group’s vision.

The vibrant and bold shade not only enhances the visual identity but also reflects the company’s ambition to provide a premium living experience that meets global standards.

Royal blue serves as a symbol of the luxurious lifestyle NBR Group aims to create for its customers, embodying both elegance and stability.

“Elevate to Extraordinary” embodies NBR Group’s focus on delivering high standards and demonstrates the strong reputation it has cultivated over two decades in the industry.

This commitment extends beyond customers to include employees and stakeholders, ensuring that every project not only meets but exceeds expectations.

This new approach of the brand is focused on providing the highest standards of living, integrating global trends and high-caliber craftsmanship to create vibrant, modern communities for new-age homebuyers.

The company has also secured around 10 acres of land parcel in one of Bengaluru’s most prestigious suburbs, setting the stage for the development of a luxurious high-rise residential project valued at over Rs. 1200 crore. With this approach, NBR Group aims to reinforce its commitment to quality.

On this occasion, Mr. Nagabhushan Reddy, Managing Director & Founder, of NBR Group stated, “NBR Group’s journey has been defined by our commitment to transformation and quality, always aligning with the evolving preferences of our customers.

Our new brand identity signifies a pivotal moment that reflects the contemporary luxury standards we aim to uphold. The tagline “Elevate to Extraordinary” underscores our dedication to creating exceptional living experiences, not just homes.

As we expand into the luxury high-rise segment, integrating global trends and aesthetics into our developments will remain central to our mission.”

The rebranding comes as NBR Group continues its expansion into the luxury segment, reaffirming its position as a leader in residential development. For more information about NBR Group and its latest projects, please visit NBR Group’s Website.

About NBR Group:

NBR Group has been a cornerstone of Bengaluru’s real estate market for over 25 years. Renowned for its commitment to masterful construction and customer satisfaction, NBR Group specializes in developing gated communities that blend modern living with sustainability. The company remains dedicated to enhancing urban living experiences through innovative solutions.

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• Over 80% of the workforce prefers flexible working locations instead of conventional offices
• Wearing smart casuals and eating healthy and hydrating foods are preferred over tight formal and unhealthy food options, respectively
• Switching to seasonal foods, salads and fresh juices is seen as a means to tackle rising temperatures

New Delhi, 19^th June, 2024: As the world continues to grapple with rising temperatures, there is a need to implement several cooling measures. And the workforce in the country has been gradually adapting to tackle the summer heat daily. Changing climatic conditions and hot summers seem to affect the behaviour of the workforce, according to the latest survey “Hot Summer@Work 2024 conducted by The Office Pass (TOP).

From wearing smart casuals and super casuals to adjusting to seasonal hydrating food to working in a flexible mode, office-goers have indicated a variety of preferences as per the survey. More importantly, the workforce favours coming to the office just 2-3 times during the week, the survey findings added.

TOP is India’s leading provider of flexible coworking spaces designed to meet the needs of modern professionals. With 13 Coworking offices across Delhi NCR, TOP offers a variety of workspaces that cater to different work styles and preferences. survey saw the participation of over 1000 employees., TOP’s latest survey was meant to gauge the changes in behaviour employees adopt to make themselves comfortable during the summer months.

The 2023 report released by the Intergovernmental Panel on Climate Change (IPCC) reveals that rising global temperatures have led to unprecedented climate change across all regions of the world, with consequences ranging from rising sea levels to more frequent and severe weather events, as well as the rapid disappearance of sea ice.

Commenting on the evolving employee preferences and the survey objective, Aditya Verma, Founder & CEO, The Office Pass (TOP) said, “The industry has taken a lead in executing some pioneering work when it comes to climate action involving adaptation and mitigation. Managed offices continue to play a critical role when it comes to designing and implementing the ‘Future of workspaces’.

The Hot Summer@Work 2024 survey has provided us with valuable insights into how employees cope with the summer heat while at work. The findings are a clear indicator that there is a need to adapt to the changing climatic conditions and also find simple solutions to the day-to-day brewing challenges. It will help us strategize better when it comes to people and space management.”

Key findings of the survey

Smart and super casuals are a favorite: According to the survey, 63% of respondents preferred smart casuals followed by another 31% preferred super casuals, reflecting a balance between comfort and professionalism, allowing them to stay cool while maintaining an appropriate appearance for the workplace. Interestingly, white color has emerged as the most favored dress color during summer months.

Chosen by 57% of respondents, the color is a favorite among many due to its ability to reflect sunlight and keep the body cool. Other summer colors such as blue (18%), beige (12%), and grey (6%) were also among the most liked colors after the shades of white.

Eating cool food and drinking right: According to the TOP survey, there has been a study on the evolving eating habits of employees. The survey revealed that a significant 79% of participants mentioned that their food preferences alter during the summer season, highlighting the significance of adapting their diets to ensure comfort and well-being.

This adjustment often involves a preference for lighter and more hydrating foods. On the other hand, 21% stated that they have experienced no change in their eating habits.

As a result, there is a high preference for seasonal fruits, including mangoes (57%), watermelon (35%) and muskmelon (9%). All these fruits are known for their hydrating qualities. Additionally, freshly cut fruits and salads are a favourite among office-goers against processed food items.

When it comes to preferred drinks at the office café, 65% of respondents preferred freshly made juices, lassi, and lime water. Cold coffee and iced tea were the second choice at 21%, followed by canned juices and cold drinks at 6%, and energy/sports drinks at 6%. Only 2% chose other options.

No compromise in exercise: The hot climate has failed to deter fitness enthusiasts from following a fitness regime. A significant 81% of respondents have said that summer is a good time to shed the calories.

workout frequency during the summer, 43% of respondents reported working out 4-5 days a week, while 41% worked out 2-3 days per week. Interestingly, 17% did not work out at all during the summer, citing the already humid conditions as a reason.

Table caption: Over 80% of survey respondents utilize summer months to shed calories

Flexible Work Locations Preferred During Peak Summer

When it comes to preferred work locations during peak summer, 35% of respondents preferred to come to the office 2-3 times a week, indicating a desire for a balanced approach between office and home. Working from home more often was preferred by 26%, while 24% chose to operate from a café or coworking space near their home. Only 16% preferred to work from the office exclusively.

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It facilitates the convergence of suppliers and buyers within a design-oriented ambiance, offering a significant avenue for conducting business. The Exhibition took place at the Jio Convention Centre, BKC, Mumbai from 31^st May to 2^nd June 2024.

Canadian Woods’ stall at the recently concluded fair spanned an impressive stall space, showcasing a setup of a luxury home interior room. The Canadian Wood booth featured a diverse range of timber applications, displaying the versatility and sustainability of responsibly sourced wood in various settings.

It presented a meticulously designed model of a high-end luxury home interior room with an outdoor balcony. The layout was crafted in collaboration with renowned local wood manufacturers from in and around Maharashtra region, such as Ebote Timber Home from Pune, Briton Furniture from Ahmedabad, The Pierro from Ahmedabad, Swaraj Enterprises from Baramati, Naman Instore from Mumbai, Wiseart Design Studio from Mumbai, Advent International from Mumbai and few products of FJEG boards was made by Colonial Lumbers, Kannur to demonstrate the quality and craftsmanship of their furniture achievable with Canadian Wood species.

The high-end luxury home interior room model showcased the seamless integration of Canadian timber in various applications, including bedroom and living room furniture, doors and doorframes, windows, paneling, timber screens, sliding windows, bar units, Wooden Swing (Jhula) and outdoor garden furniture.

Mr. Pranesh Chhibber, Country Director of Canadian Wood, said, “As we participate in Index Plus 2024, Canadian Wood reaffirms its commitment to sustainability and innovation in the wood and furniture industry. Our presence at this prestigious exhibition underscores our dedication to promoting responsibly sourced wood and showcasing the limitless design possibilities of our premium wood species. We believe in driving positive change and setting new standards for environmental responsibility, and we are proud to contribute to the future of sustainable practices.”

Canadian Wood also participated in a conference as a panelist, a parallel event at the three-day trade fair, which included a panel discussion on the topic of ‘EcoCraft: Creating Sustainable Furniture’.  One of the panel speakers at the discussion also featured Dr Jimmy Thomas, Assistant Director, Technical Services of Canadian Wood.

He contributed valuable insights and perspectives, emphasizing Canadian Woods’ commitment to sustainable practices in the timber industry. He highlighted that for the past 40 years, Canada has been recognized as a leading source country for implementing top sustainability practices.

In Canada, policies are not only well-implemented but also ensure that all resources are certified and adhere to sustainability practices from start to finish. The materials are sourced responsibly, with 55% of the wood used in the country being softwood, known for its sustainability and the emphasis is placed on promoting Canadian wood and the overarching concept of sustainability.

The focus is on value and the promotion of overall sustainability, utilizing wood from natural forests. This wood is highly matured, with a minimum age of 120 years, ensuring its stability. Additionally, a variety of wood species are available, suitable for both indoor and outdoor applications. He concluded the panel mentioning that this approach underscores Canada’s commitment to responsible resource management and environmental stewardship.

Canadian Wood was at the centre of all activities at the exhibition, which allowed them to engage with industry professionals, showcase their innovative timber solutions, and contribute to the discourse on sustainable timber construction at INDEXPLUs 2024.

FII largely promotes five wood species in India that are sourced from the sustainably managed forests of B.C., Canada. These five species, namely Douglas, Western Hemlock, Western Red Cedar, Yellow Cedar, and Spruce-Pine-Fir (SPF), are recommended for different applications. They are available in 23 cities across India through a strong network of 40+ stockists.

About Forestry Innovation Consulting India Pvt Ltd (Canadian Wood)

FII India is a crown corporation of the government of British Columbia (B.C.), the western most province of Canada. Its mandate is to promote wood products from B.C. Canada in the offshore markets and to position it as a global supplier of quality, environmentally responsible wood products from sustainably managed forests by creating awareness, spreading education through information and technical support on the wide variety of timber products available from B.C. Canada. Its brand/logo Canadian Wood was established in 2013 to reach out to the ease of understanding of its activities by its target audience globally.

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The Annual Real Estate & Construction Industry Leadership Awards celebrate the efforts of real estate industry professionals, including Builders, Developers, Marketing Companies, Architects, Infrastructure, Construction Companies and Trade Professionals, and felicitates their endeavor and contribution to the sector since 7 years. The range of awards was varied from achievements, marketing, legal aspects, commercial and residential projects, redevelopment projects, townships, social contributors, mass housing, corporate governance, SEZs, and architects.

The Event was graced by the presence of Eminent Personalities & Esteem Guests:

1. Mr. Pawan Chauhan (Founder of REALTY QUARTER & INDAN PROPERTY EXPO.)
2. Mr. JITENDRA MEHTA – President CREDAI MCHI THANE*.
3. CA RAMESH PRABHU – Founder S.W.A.E Welfare Association
4. Shri DILSHAD S. KHAN (Founder of Mumbai Hulchal Daily News Paper & National President Patrakar Welfare Association.)
5. Dr. AJAY L. DUBEY – President, Foundation of Mira Bhayandar Property Dealers Association
6. Mr. JAVED PAREKH (World Memon Organisation Charitable Foundation – City Chairman of Mumbai.
7. Shri RajDada (Minister and Secretary BJP South Mumbai & President of RD Group Maharashtra)
8. Ms. SHAISTA ANSARI (Vice President of REALTY QUARTER)
9. Ms. Divya Rathod (Partner QUICK REALTY HOMES)
THE GUEST OF HONOUR Included:
1. Shri DILSHAD S. KHAN (Founder of Mumbai Hulchal Daily News Paper & National President Patrakar Welfare Association.)
2. Dr. AJAY L. DUBEY (PRESIDENT, Foundation of Mira Bhayandar Property Dealers Association)
3. Mr. JAVED PAREKH (World Memon Organisation Charitable Foundation – City Chairman of Mumbai.
4. ADVOCATE GAURI CHHABARIA (Government of Maharashtra women wing)
5. SHRI BHAGURAMYASHWANT SAWANT (Chief Editor Media Varta News)

In addition to the awards, Realty Quarter also felicitated Broker Association Presidents & Founding Members, which included:
1 Dr. AJAY L. DUBEY – President, Foundation of Mira Bhayandar Property Dealers Association
2 SHRI HARSHAD S.SHAH Chairman, BAI.
3 SHRI NARENDRA PANANI Hon Secretary, BAI.
4 Adv. LAWRENCE A. SHETTY – President, “TEAA” Thane Estate Agents Association.
5 Mr. SHAUKAT SHAIKH – President, Ghodbunder Road Estate Agent Association Thane.
6 Shri SUNIL PARASRAMPURIA – President, Malad Estate Agent Association
7 Mr. MEHUL VITHLANI – President, Real Estate Agent Association Kandivali (REAAK)
8 Shri ABHAY CHHAJED – Malad Estate Agent Association
9 Mr. KAUSHIK PANCHOLI – President, The Mumbai Estate Agent Welfare Association, Malad-East.
10 Shri HARESH PANCHOLI – Secretary, The Mumbai Estate Agent Welfare Association, Malad-East.
11 Shri HITESH VINOD KAKU Secretary Real Estate Agent Association Kandivali (REAAK)
12 Mr. JAYESH DHNOJA – President, Shri Charkop Estate Agent’s Welfare Association
13 Mr. PRAMOD DHARMA- Secretary, Shri Charkop Estate Agent’s Welfare Association
14 Mr. LALIT PARMAR – President, Gujarat Real Estate Agent Confederation (GREAC) & VPCA
15 Mr. NIRAV PUROHIT – Founder, Bharuch Real Estate.com
16 Mr. MAHESH ARYA- President, Chhattisgarh Real Estate Broker Association, Raipur
17 Mr. BHARAT RAMESH DAVDA – President, The Surat Real Estate Brokers Welfare Association
18 Mr. KALPESH VALIA (Founder & Chairman KVPL.
19 Mr. ARVIND CHANDRA BHANUSHALI (Ghatkopar Real Estate Agent Team – GREAT)
20 Mr. MANISH VOHRA (President of Ghatkopar Real Estate Association – GREA)

The Event also had an Enlightening Panel Discussion with:
1 Mr. JITENDRA MEHTA – President CREDAI MCHI THANE*
2 Dr. AJAY L. DUBEY – President, Foundation of Mira Bhayandar Property Dealers Association
3 CA RAMESH PRABHU – Founder S.W.A.E Welfare Association
4 Mr. KALPESH MEHTA – DIRECTOR Villa Kulture.

MODERATOR FOR OUR PANEL DISCUSSION:
Mr. SIDDHANT THAKUR, (Associate Partner of REALTY QUARTER and Director of Commercial Space India (CSI) a portal for commercial real estate & Property Tech Company)

REALTY QUARTER also had the pleasure of having SPECIAL INVITEES such as:
1. Mr. Nikesh Tarachand Jain (CMD Madhani Finance & Entertainment)
2. Ms. Rupal Singh (Business Women & Social Worker)
3. Ms. Riya Gupta (Actress & Model)
4. Shri Lalji Bhatia (Investor & Land banker)
5. Mini Bansal (Actress & Model)
6. Ms. Shweta Solanki (Business Head Dubai)
7. Monika Soni (Business Women & Social Worker)
8. Shri Harish Kotwani (Businessman & Producer)
9. Shri Firdos T.Shroff (Actor, Researcher & Thinker)
10. Mr. Satish Shetty (M/S. Balaji Infra and land Developer), Uday Shetty (Shweta Infrastructure), Mr. Shabbir Doctor (Oberoi Realty Ltd).
11. Makarand Dandekar (Director Cityzone Realty Pvt Ltd).
12. Mr. Fahim Ansari (Founder Lubna Realtors) & Amynah Ansari.
13. Dr. Raj Kale (Businessman & Social Worker)
14. Advocate PARVEZ KARULKAR.
15. Shri Shyam Kamble (Chairman Exodus Road India Foundation)

We would also like to express our sincere gratitude to our SPONSORS, whose generosity has made this event possible. A big thank you to RUNWAL GROUP, QUICK REALTY HOMES & VILLA KULTURE, for their invaluable support in making this event a grand success.
We would like to take a moment to thank our esteemed media partners who have helped us promote this event to a wider audience.
Furthermore, we would like to express our gratitude to our supporters and partners, who have played a vital role in making this event a success. We extend our heartfelt thanks to CREDAI MCHI Thane, BAI, MahaSeWR and Karulkar Pratisthan for their unwavering support and collaboration.

We also acknowledge the contributions of our:
ASSOCIATE PARTNER: QUICK REALTY HOMES & VILLA KULTURE
SUPPOTING PARTNER: BAI (Builder Association of India), Credai MCHI Thane, Sanjay Chaturvedi Associate, Commercial Space India, Cityzone Realty & DUBAI DESI VILLAGE.
PRINT MEDIA PARTNER: Mumbai Hulchal, Media Varta News & Mumbai Mitra.
MAGAZINE PARTNER: Tycoon Global & Buildcon Construction
EVENT CRAFTED & DESIGNED BY: Trend Crafters.
EVENT SECURITY PARTNER: Spy Security Service
OUTDOOR PARTNER: Global Advertisers
DIGITAL MEDIA PARTNER: Mumbai Raftaar & Asian SKY

We are grateful to have had the opportunity to collaborate with such outstanding media partners, sponsors, supporters, and partners, who have helped us make this event a success. We look forward to working with them again in the future.
We are pleased to announce the winners of the prestigious awards for the year 2024. It is our pleasure to recognize the efforts and achievements of these outstanding individuals and companies in the real estate, advertising, banking, and technology industries.

We extend our Heartfelt Congratulations to the Following AWARDEES:

1. Best Residential Project of the Year – 2024. (Township Construction – Mumbai): RUNWAL AVENUE By RUNWAL GROUP – MUMBAI
2. ASIA’S SAFEST & FASTEST GROWING ELEVATOR BRAND OF THE YEAR 2024: UNOSAFE ELEVATOR PVT LTD – BANGALORE.
3. Best Retail Luxury Project of the Year – 2024: RUNWAL FIFTH AVENUE By RUNWAL GROUP MUMBAI
4. Best Commercial Project of the Year – 2024: M-Agile by MALPANI GROUP – GIRIRAJ ENTERPRISES PUNE.
5. Best Real Estate Broking Firm of the Year – 2024: EB REALTY – MUMBAI
6. Best SCO Development of the Year 2024 (South Drive): AARIZE GROUP – DELHI
7. Dynamic Business Women of the Year – 2024: Dr. ARCHUNNA JAIN (Hon) – Founder of FLORIAN FOUNDATION MUMBAI
8. Best Ongoing High Rise Tallest Project of the Year – 2024: RUNWAL PINNACLE BY RUNWAL GROUP, MUMBAI
9. Best Real Estate Author of the year 2024: Dr. ADV. HARSHUL SAVLA – Director SUVIDHA LIFESPACES, MUMBAI
10. Best Emerging Developer of the Year – 2024: MALPANI GROUP- Real Estate Division By MALPANI ESTATES, PUNE
11. Best Brand in Hotel Industry of the Year – 2024: DESI VILLAGE – DUBAI By RAZA IQBAL DUBAI
12. Best Security Provider Company of the Year – 2024: SPY SECURITY SERVICES – Mumbai
13. Best Real Estate Trophy Provider Company of the Year – 2024: KEYUR AWARDS
14. Special Non Real Estate Category for “Best Bollywood Indian Actor 2024”: Mr. BINDU DARA SINGH (Bollywood Actor & Social Worker)
15. Best Moderator & Real Estate Advisor of the year – 2024: Mr. SIDDHANT THAKUR (Associate Partner REALTY QUARTER & Director of CSI (Commercial Space India)

As the founder of Realty Quarter, I, PAWAN CHAUHAN, feel honored and proud to have had a Successful and Grand Success of 7th Anniversary of the Real Estate & Construction Industry Leadership Awards 2024. I would like to express my gratitude to my entire REALTY QUARTER TEAM & Specially Thanks to Ms. Divya Rathod, Ms. Shaista Ansari, Mr. Sachin Kumar, Ms. Anshika Shukla, Ms. Dimple Padiar, Mr. Preeth Dixit, Mr. Bipin Pandey and My Beautiful & Talented Anchor Ms. Ingila Gill who worked day and night to make this event a success. We look forward to a long-term association with the entire real estate and construction industry.

Thank you and regards,
PAWAN CHAUHAN
Founder, REALTY QUARTER
09820659743 / 09970037166

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In recent years, there has been a noticeable surge in the popularity of farmhouses among the Indian populace. This trend reflects a growing desire among people to retreat from the hustle and bustle of urban life and embrace a more serene, luxurious lifestyle amidst nature. Spearheading this movement is Mr. Vijay Chaudhary, the visionary chairman of the Ram Rattan Group, who has revolutionized the concept of farmhouse living in India. Here’s how farmhouse communities have the potential to transform the face of the real estate industry:

Creating Landmarked Farmhouse Communities across Diverse Locations:

Developing successful landmarked farmhouse communities across diverse locations requires meticulous planning and sensitivity to local cultures and landscapes. Each community should seamlessly integrate modern amenities with traditional architectural styles, fostering a sense of belonging and heritage preservation. Prioritizing sustainability through eco-friendly practices and green spaces enhances the appeal and longevity of these developments. Engaging with local stakeholders ensures community buy-in and fosters positive relationships. Thoughtful attention to infrastructure, such as roads and utilities, is essential for seamless connectivity. Finally, fostering a vibrant community spirit through events and shared spaces enriches the social fabric and makes these farmhouses not just residences but thriving hubs of life.

Reconnecting with Nature:

In an era where environmental concerns are paramount, crafting farmhouses amidst natural landscapes ensures that residents can enjoy a pristine, unpolluted environment. These farmhouses offer a perfect blend of modern amenities and lush green surroundings, providing a sanctuary for those seeking respite from the stresses of city life.

Accessible Luxury:

While luxury living often comes with a hefty price tag, developers these days are making it accessible to a wider audience. Ram Rattan Group’s farmhouse communities are not only luxurious but also affordable, offering a seamless and transparent buying process. This commitment to affordability and trustworthiness has made their projects highly sought after among prospective buyers.

Personalized Experiences:

One of the key distinguishing factors of Ram Rattan Group’s farmhouse communities is customer centric approach. Unlike pre-planned developments, these communities are tailored to the lifestyle and preferences of each client. Whether it’s selecting a premium lot or designing a dream home, the group’s development experts work closely with clients to create spaces that are truly exclusive and reflective of their vision.

The Transformative Impact of Farmland Investment:

The transformative impact of farmland investment is vividly exemplified by the burgeoning growth of Naugaon, a testament to the potential unleashed by strategic agricultural land investments. Situated along the Delhi-Mumbai Expressway, Naugaon has emerged as a thriving hub that has revitalized agricultural land investments and also paved the way for diversified venture opportunities. The development of Naugaon transcends agricultural boundaries, encompassing residential, investment, and warehousing sectors, thus creating a holistic ecosystem of growth and prosperity.

Farmland investment stands as a potent catalyst for India’s economic growth, offering a pathway to prosperity that transcends agricultural boundaries. By attracting capital, fostering infrastructure development, and providing diversification benefits, farmland investments hold the key to unlocking India’s vast economic potential, propelling it towards a future of sustained growth and development.

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By – Mr Gaurav Mavi,
Co-founder,
BOP Group

A trend that is gaining popularity in the evolving real estate market is Smart Homes. As a real estate consultant with years of experience, I have seen that there is a rise of homes with modern technology that suits our daily life. Lighting of the house activated by voice and security systems which are automated are examples of resources that are now becoming necessities for nowadays home owners, rather than wishful futuristic technologies. Let us see why smart homes are more than just a fancy quirk and how they will change how we live in the future.

Benefits of a smart home:

Control at your command: Smart homes give the ultimate convenience of controlling household appliances, and even electrical systems from your smartphone or tablet, wherever you are. This can eliminate the fear of forgetting to turn something off and saving a tonne of time.

Energy Efficiency on Autopilot: Smart homes can help you become more environmentally conscious and potentially lower your electricity bills, making it cost-efficient in nature.

Enhanced Security and Peace of Mind: Security is a major advantage of smart homes. Smart features like remote monitoring which allow you to view live camera feeds of your home from anywhere and automated alerts which can notify you of unusual activity. Smart locks can be controlled remotely, so you can let someone in even if you’re not home.

Smart Homes in India: Boon or Buzzword?

India’s real estate sphere is experiencing a surge of demand of smart homes and the numbers are expected to increase by the year 2025. A reflection of this rising wave speaks volume on two fronts — affordability and accessibility. Security is an essential factor in driving the demand for smart homes, with the features of remote monitoring and automated alerts fuelling the curiosity in security conscious societies.

However, some practical considerations exist. The setup of a smart home system demands investment in compatible devices plus new systems — an initial expensive outlay. Moreover, smart homes have an insatiable appetite for consistent internet supply since functionality can be easily hampered by irregular speeds or outages; not forgetting that smart device operation can be curtailed by frequent power cuts (a stark reality in some parts of India). In short: Demand grows as cost blooms amidst these technological vulnerabilities imposed by geographic contexts.

Smart homes in India are now becoming more practical. However, affordability, internet reliability, and user-friendliness are still aspects that need improvement for widespread adoption. As technology matures and the market expands, smart homes are likely to become a more practical option for many Indian households.

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