Day: 30 November 2023

Ultra-Luxury Homes Priced >INR 40 Cr See 247% Y-o-Y Sales Value Surge in 2023

Vijay Raman

  58 ultra-luxury homes (priced >INR 40 Cr) sold across the top 7 cities in 2023 till date; total recorded sales value of approx. INR 4,063 Cr In entire 2022, 13 ultra-luxury homes were sold for total sales value of approx. INR 1,170 Cr Mumbai dominated with 53 ultra-luxury residential deals in 2023, comprising a 91% share of total deals Delhi-NCR recorded 4 deals for 2 ultra-luxury homes in Gurgaon & 2 bungalows in Delhi; Hyderabad saw 1 deal worth >INR 40 Cr At least 12 deals in 2023 were worth…

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​Spectrum Metro Mall Leases Space to 8 Leading Brands, Emerges as Noida’s Leisure Hub

Vijay Raman

  Spectrum Metro, the sprawling commercial complex in Noida, announces the addition of eight exciting brands to its vibrant mall, solidifying its position as the region’s premier shopping and lifestyle destination. The new brands include Brill – Dry Fruits, Malhotra Jewellers, Caratlane, Shree (Ethnic Wears), Rosia (Derma Clinic and Health Centre), Nino’s, Casa Decor, and Mata Mal (Kashmiri Cuisine). “We are thrilled to present Spectrum Metro as a one-of-a-kind retail and lifestyle destination in Noida. With its strategic location, exceptional connectivity, and impressive line-up of brands, we aim to provide…

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Centre will provide free food grains to 81.35 crore beneficiaries for next 5 years

Vijay Raman

The government under the leadership of Prime Minister Narendra Modi has launched an ambitious initiative to provide free food grains to approximately 81.35 crore beneficiaries for five years. The decision, announced by the Cabinet, establishes the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) as one of the largest social welfare schemes in the world, aimed at ensuring food and nutritional security to a staggering population at an affordable cost. To do. The decision, starting from January 1, 2024, underlines the Prime Minister's commitment to efficient and targeted welfare, addressing the…

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Center will provide drones to 15,000 women self-help groups

Vijay Raman

The Union Cabinet has approved the Central Sector Scheme with an outlay of Rs 1261 crore for the period 2024-25 to 2025-26 for providing drones to Women Self Help Groups (SHGs). The scheme aims to provide drones to 15,000 selected women SHGs to provide rental services to farmers for agricultural purposes during the period from 2023-24 to 2025-2026. In line with the vision of Honorable Prime Minister Shri Narendra Modi, the scheme seeks to empower women Self-Help Groups (SHGs) and bring new technologies in the agriculture sector through drone services. The scheme…

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8.8 % increase in Domestic Coal-based Power Generation upto October

Vijay Raman

India ranks as the world's third-largest consumer of energy, with an annual electricity demand increase of about 4.7%. Notably, Country witnessed a remarkable 8.18 % surge in   power generation from April to October 2023 compared to the corresponding period of previous year. Coal-based power generation witnessed an 11.16% increase during Apr-Oct’ 23, as compared to corresponding period of previous year attributing to an unprecedented rise in temperature, delayed monsoons in the Northern region of the country coupled with the resumption of full commercial activities post-Covid.   The Domestic coal-based power…

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