Commercial Integration – Reshaping India’s Residential Landscape

– by Akash Pharande, Managing Director – Pharande Spaces One important feature changing how people live and work in India's fast urbanizing terrain is the incorporation of commercial areas into residential townships. While this concept – which combines residential areas with workplaces, shops, and recreational areas – is not new, its uptake has sped up recently, particularly in the wake of COVID-19. Evolution and Origins Mixed-use projects are nothing new to India; even in pre-independence India, residential areas and bazaars coexisted together. But in the early 2000s, integrated townships, as they are now known, started to take off. Encouraged…

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Union bank of India announces Financial Results for the Quarter/Year ended March

Financial Results for the Quarter/Year ended March 31, 2024 The Board of Directors of Union Bank of India today approved the accounts of the Bank for the Quarter/Year ended March 31, 2024. Key Highlights in FY24 1.    Board of Directors have recommended a dividend of Rs. 3.60 per equity share (36% of face value of Rs.10 per equity share) for the year ended March 31, 2024 subject to requisite approvals. 2.    Strong Financial Performance: Net Profit of the Bank increased by 61.84% on YoY basis during FY24. Net interest income…

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Tec Southco India, Southco: Introducing the Keypanion™ App

Southco: Introducing the Keypanion™ App Southco is thrilled to introduce the Keypanion™ app, our new wireless access control solution.  Southco is thrilled to introduce the Keypanion™ app, our new wireless access control solution. The Keypanion™ app enables a simple, plug and play system, allowing users to share digital keys and manage equipment access from their phone, at any time and from any location. To learn more about the Keypanion™ app, check out this video.https://vimeo.com/863964287www.southco.com

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ANAROCK Revenue Up 36% at INR 566 Cr in FY24, Surpasses INR 550 Cr Target

  In FY2023, the firm’s total revenue was INR 416 Cr ANAROCK surpassed INR 550 Cr revenue for FY24 thanks to bullish housing market, tech innovations Of the total revenue, INR 324+ Cr generated by residential services (ANAROCK & Trespect) Basis current market & tech-driven sales acceleration, sets revenue target at INR 800 Cr for FY25 – or 41% growth Y-o-Y   India’s leading independent real estate consultancy ANAROCK Group has reported INR 556 crore revenue generated in FY2024, marking a 36% yearly jump over the previous fiscal. In FY2023, the company clocked…

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