The Royal Architectural Institute Of canada announces Short List For 2017 Prize.

May 27, 2017

The Royal Architectural Institute of Canada (RAIC) announced its 2017 Moriyama RAIC International Prize shortlist of 8 House, Copenhagen, Denmark by Bjarke Ingels Group; Fuji Kindergarten, Tokyo, Japan by Tezuka Architects; Melbourne School of Design, Melbourne, Australia by John Wardle Architects and NADAAA; “The Village Architect”, Nova Scotia, Canada by MacKay-Lyons Sweetapple Architects. The prize, introduced in 2014 is awarded every two years. The prize recognises architectural structures that are ‘transformative within its societal context’. It also recognises designs that promote human values like inclusiveness and social justice. This prize is open to all globally with no restrictions on nationality. The winning project will be granted CAD $100,000 prize.

Like That Décor And Furniture App Launched By

May 27, 2017, a platform for home decor launches Like That Decor and Furniture, an Android application. The app is simple to use: all one has to do is click a picture of the desired object and the results are displayed. The app promises to complete the experience of buying furniture by providing thousands of similar products from over 10 lakh partner retailers. Like That Décor and Furniture is the Shazam for home decor solutions. It already has over 20,000 downloads and is increasingly becoming popular as it redirects the user directly to the seller’s website.

Italian Furniture Brand Cierre, Now In India

May 27, 2017

In collaboration with Stanley Furniture, Italian Furniture brand Cierre entered the Indian market. The furniture mall, Global Living Emporio recently launched in Banglore promoted by Stanley Furniture, hosts Cierre among 60 other international and national brands. Unlike the western market, the Indian luxury furniture market is still growing. There has been a rise in demand for the luxury furniture segment, promising high returns to the international débutantes in India.

Indiabulls Group Enters The Led Lighting Market

May 26, 2017

Indiabulls group entered the LED Lighting market with its listed entity SORIL Infra Resources. This is its first move into the product business that will target the B2B segment. With its main interests in the commercial and infrastructure segment, it is moving fast to enter the Rs 6,500 crore market. The low gestation period and investments for this segment make it more viable as opposed to the infrastructure business that the group already has. It will source LED lighting items from third parties and offer them under the brand name 'IB LED'.   

Private Equity Investment In Land Fell 4.6 Per Cent In The First Quarter Of 2017

May 26, 2017

Even as the office segment saw the most elevated inflow since 2009, private equity investment in land fell by 4.6 per cent to about Rs 9,600 crore amid the January-March time of this year. Office section saw private value ventures worth Rs 5,600 crore in the primary quarter of 2017 as against Rs 2,900 crore in the past year. The most extreme decrease was found in the retail segment as financial specialists are exceptionally careful about putting in cash here. Most engineers are extremely cautious about making retail spaces because of the changing flow of the market.

Tile Market In The Uae To Grow Exponentially In Sight Of Rising Infrastructure Projects

May 26, 2017

The Dubai 2020 expo is driving construction activities in the UAE. This opens up the regional market for investments and new opportunities in the Gulf Cooperation Council. In the UAE, demand for tiles is predicted to grow by 12 per cent. This is due to the ongoing hotel and tourism projects, which currently amount to a pipeline valuation at $8.1 billion to 2020. Currently, due to the continued construction boom ahead of Expo 2020, the demand for ceramic tiles is already increasing at a steady rate.

Home Buyers Should Expect A Rise In Overall Costs Considering The New Gst.

May 25, 2017

The Goods and Services tax (GST) has brought the real estate sector under its ambit by levying a tax on work contracts at 12 per cent. Stamp duty, however, doesn’t have to be paid. The current law levies an under-construction charge at 4.5 per cent and VAT of around 4 per cent. In no state does the total tax go above 9.5 per cent.
Under the current law, a home buyer would have to pay 8-9 lakhs if the house costs 1 crore. Under the new scheme, a home buyer will have to shell out anything between 12-15 lakhs in tax.

Dubai Goes A Step Ahead To Provide An Inclusive Experience For Home Buyers

May 25, 2017

Dubai Properties is going to collaborate with Realopedia, the property commercial centre, and This three-way alliance is set to boost the interest in the property market while providing a holistic experience to its current and new clientele.
The increased visibility and easy online access offered to current properties ready to sell or lease will generate a renewed interest in the market.

Passive House Concept To Get A Boost In Australia With New Partnership With The Green Building Council Of Australia

May 25, 2017

Green Building Council of Australia and Passive House Institute enter into a collaboration to promotive the development of buildings that consume low energy. These buildings consume 80 per cent lesser energy that usual buildings. The council will certify buildings with a green star that adopt this structure with an aim to promote energy efficient infrastructure in Australia. Passive houses are used largely as private residences.Currently, there are more than 80,000 passive house structures the world over, from the frosty atmospheres of Canada to the searing warmth of Dubai.

Oyo Launches Townhouse In Banglore

May 24, 2017

Townhouse in Banglore are mid market properties launched by
OYO in Banglore. This property aims to connect home, bistros and shopping spaces. This estate is leased out by OYO who will further refurbish to according to their needs. The Average pricing for the guests would be at RS 2,500 and above. OYO has also entered into an association with Karnataka Tourism Development Corporation (KTDC) to operate a couple of the Jungle Lodge Resort (JLR) properties.