– By Akash Pharande, Managing Director – Pharande Spaces India has been witnessing a consistent rise in urbanization over the years. A survey by the United Nations projects that by 2030, over 40.76% of India’s population will live in urban regions. World Bank statistics from 2017 add weight to this estimate – in that year, about 34% of the country’s population already lived in cities. India’s urbanization trend will continue, and by 2050, India will be among the leaders in global urbanization, along with China, Indonesia, Nigeria, and the United…
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Cricket Fever Spreads: Sri Lanka Vs UAE Unite on the Cricket Field
When comparing Sri Lanka and the United Arab Emirates (UAE), there are several points of convergence: Geography: Both Sri Lanka and the UAE are located in the Asian continent. Sri Lanka is an island nation situated in the Indian Ocean, southeast of the Indian subcontinent, while the UAE is a federation of seven emirates located on the Arabian Peninsula, bordering the Persian Gulf. Economic Development: Both countries have experienced significant economic growth in recent decades. The UAE has a highly developed and diversified economy, primarily driven by oil and gas…
Read MoreRepo Rate Steady – Home Loan Interest Rates Still in Single Digits
Anuj Puri, Chairman – ANAROCK Group As was anticipated, the RBI has decided to keep the repo rates unchanged at 6.5%. This gives some respite to prospective homebuyers looking to avail of home loans in the near future. The unchanged repo rate can help maintain the momentum in housing sales, which has so far been firing on all cylinders in 2023. As per ANAROCK Research, we saw housing sales in first quarter of 2023 scale new heights, breaching the one lakh mark at 1.14 lakh units across the top…
Read MoreThe Age-defying Investment Power of Ownership Homes
– by Akash Pharande, managing Director – Pharande Spaces Property prices increase even though buildings age. How come? In the case of most other manufactured products other than gold ornaments, prices decrease as the product ages, don’t they? Most people prefer to buy new homes rather than used properties because older properties need more maintenance and repair and because new projects have better amenities and facilities. A TV, car or mobile phone rapidly lose value every month because of wear and tear, and newer models are constantly being churned out.…
Read MoreWorld Environment Day- Industry leaders who are spearheading the Green Revolution for a Sustainable Future
The significance of World Environment Day lies in its capacity to inspire individuals and communities to assume environmental responsibility and implement environmentally friendly methods of daily living. It serves as a reminder that we all have a part to play in safeguarding the planet for future generations and that even the smallest of actions matters. It inspires people to reevaluate their routines, lessen their carbon footprint, and make conscious decisions that benefit the environment. To address the pressing environmental issues across respective sectors, industry experts such as Mr. Padmakumar Nair, CEO…
Read MoreHousing Boom – Immune to Higher Interest Rates, Price Hikes?
– by Akash Pharande, Managing Director – Pharande Spaces Covid-19, along with its unexpected boost to the housing market, has come and gone – and yet, residential real estate continues to sell at a rapid clip, after many years that saw developers struggling with low demand and mounting inventory. How did this happen? Is this demand sustainable? Is it a bubble that will soon burst? Let’s examine. No doubt, the housing sales bull run began during the Covid-19 pandemic, which significantly improved homebuyer sentiment and made housing autonomy the new…
Read MoreTiE Mumbai appoints Ranu Vohra as the new President of the chapter and Dr. Apoorva Ranjan Sharma as the President Elect
The Indus Entrepreneurs (TiE) Mumbai announced today that Ranu Vohra will be taking over as the President of TiE Mumbai from April 2023 onwards for a period of two years. Dr. Apoorva Ranjan Sharma will be the President Elect for the same period. TiE Mumbai has made significant positive strides over the past 24 months in all aspects of its operations and outreach to entrepreneurs. In the last 2 years TiE Mumbai has seen tremendous transformation, new energy with strategic vision and direction to foster entrepreneurship in the ecosystem. Post…
Read MoreIndian Woman – The Empowerment of Homeownership
– by Anil Pharande, Chairman – Pharande Spaces & President – CREDAI Pune-Metro Each year, we celebrate International Women’s Day on March 8th to recognize women’s social, economic, cultural, and political achievements and to call for gender equality. The goal is to raise awareness about the need to end gender-based violence, promote women’s leadership, celebrate their contributions, and advocate for women’s economic empowerment. Of course, discussions about such empowerment are only complete when they include women’s need to have their own homes. There are several reasons for this: 1. First…
Read MoreUN SDG Global Leadership Conclave and Awards 2023 concluded with powerful debates
UNSDG Global Leadership conclave and awards 2023 concluded with powerful debates and memories. The event was organized by On Sky Global in collaboration with New Journey at Azad Bhawan Auditorium, New Delhi. The event was attended by prominent faces including educationists, policy makers, communication experts and youngsters. Dr. Varun Gupta, Executive Vice President ON SKY GLOBAL, author and motivational speaker along with Mr. PK Gupta, Chairman New Journey welcomed all the guests. This highly decorated event was attended by the elite dignitaries from political, education institutions, professional and business…
Read MoreShri Bhupender Yadav launches ‘Save Wetlands Campaign’ as a “whole of society” approach for wetlands conservation
Shri Bhupender Yadav, Union Minister for Environment, Forest and Climate Change launched the ‘Save Wetlands Campaign’ in the presence of Chief Minister of Goa. This campaign is structured on a “whole of society” approach for wetlands conservation, enabling affirmative actions for wetlands conservation at all levels of the society and involving all strata of the society. This campaign over next one year will include sensitizing people of the value of wetlands, increasing the coverage of wetland mitras and building citizen partnerships for wetlands conservation. Two publications were also released…
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