Hitachi Launches New Tx Series Escalator For India, Asia And The Middle East

Aug 22, 2017

Hitachi, Ltd. and Hitachi Building Systems Co., Ltd. today announced the launch of the new TX Series escalator for India, Asia and the Middle East. The escalator has already been released in China and will be released in stages across the remainder regions, commencing August 21, 2017. In July 2016, Hitachi integrated its escalator businesses of Japan and China, consolidating its resources and enhancing its business operations in both countries, centred around its key business location in Guangzhou, China. The new TX Series escalator launched by Hitachi is a model that meets multiple standards in China, India, Asia and the Middle East. The model follows the same concept for the machine room-less elevator for Asia and the Middle East which was launched in September 2016. In addition to conforming to Chinese safety and quality standards for escalator equipment, the TX Series will be manufactured in accordance with Hitachi’s own strict standards of safety and quality, adhering to safety standards in all other regions. It also adopts a functional design based on the concept of an escalator that fits closely with the unconscious actions of users, in the pursuit of their ease and comfort. 

The Last Scrapper Designed By Zaha Hadid Is To Be The World’s Highest

Aug 21, 2017

The Lize Financial Business district, a new hub in Beijing is a 46-storey mix of shops and offices. This was the last scrapper designed by Zaha Hadid before her death last year. The tower is a single volume divided in the centre with a 45 degree twisted central atrium to align with the east west axis for the higher floors.  The 190 metres central atrium connects the two halves of the building. The tower will achieve the title of the world’s highest building, once completed. This title is currently held by the Burj Khalifa in Dubai. Zaha Hadid Architects is also currently working on the 185-metre tower in Melbourne and the proposed super tall tower at 666 Fifth Avenue in Manhattan.

Gauri Khan Reveals New Lighting Collection With Tisva

Aug 21, 2017

One of the most sought after interior designer of tinsel town in India, Gauri Khan has unveiled her signature collection for Tisva. The premium lighting brand by Usha International Limited revealed the swankiest new luxury luminaries collection along with the interior designer. From golden trimmings to dimming technology, the new exquisite pieces offer quite a stunning package. The new range offers these features in an energy efficient range to make these designer pieces even more coveted. Gauri Khan also recently completed the project of Arth in Bandra and the nursery for Karan Johar’s twins among other design collaborations.

Sheikh Jaber Al Ahmed Cultural Centre Wins Award Of Merit At Enr’s Global Best Projects Awards

Aug 21, 2017

Kuwait’s Sheikh Jaber Al Ahmed Cultural Centre (JACC) has been recognised with the Award of Merit at ENR’s Global Best Projects Awards. The complex will be honoured at a gala ceremony on 23 October, at the Sheraton Hotel, Times Square, New York. Since its grand opening in November 2016, the complex has showcased performing arts, local performances and international acts. The facility is the centrepiece of a world-class theatre quarter set in spacious parkland. Complex geometric shapes, inspired by Islamic architecture, from the richly textured outer skin of the four buildings that make up JACC, which sit like jewels in a larger public park. Luxurious world-class buildings below the outer skin exude character, drama and a heightened sense of expectation. SSH was appointed as lead architecture and engineering designer on the complex. The ENR (Engineering News-Record) Global Best Projects Awards focus on the challenges, risks and rewards of designing and constructing in other countries.  

Aamby Valley To Receive Funding From Mauritius Based Fund

Aug 19, 2017

The Aamby Valley project was asked by the Indian Supreme Court to set the property up for auction to recover money from Sahara. When the matter was brought to court, the group dismissed the matter and asked for permission to get into partnership with the Mauritius based fund. Royale Partners has agreed to invest 1.67 billion in the project. The company owned by Dubai based RPMG Investment is registered in Mauritius as an investor in private equity, asset management among others.

New York To Have The World’s Tallest Residential Building In The Near Future

Aug 19, 2017

Designed by Adrian Smith + Gordon Gill Architecture, the Central Park tower is soon to be the world’s tallest residential building. The building is to reach a staggering height of 1,550 feet when completed in 2019. Rising steadily at 225 West 57th Street, the sale of the property is soon to open.

Rera Registration: Haryana Builders Seek 3 Months Extension For Registration

Aug 19, 2017

After the completion of the deadline on July 31 for RERA registration ongoing projects, several projects are still to be registered yet. The Haryana based realtors are expecting an extension in the deadline for the registration of the remaining projects under H-RERA. They have come across, approaching 3 months of extension in the deadline to the government. Sources informed that till now only around 30 state projects have received the registration certificate, whereas over 400 applications were submitted during 28th to 31st July. Praveen Jain, president of National Real Estate Development Council (NAREDCO), the apex body the Real Estate sector, said: “The government should extend the deadline by three months, as notification of rules was delayed by the same period,”. He said that the norms should be notified by May 1 itself but the final rule got notified on 28 July only with the three months delayed. He also added, “The UP government has extended the deadline for registration by 15 days, along with a plan to impose a minimum penalty for the first three months after that”.

Shangri-la Hotel In Colombo Set To Open In December

Aug 18, 2017

Along with the Shangri-La’s Hambantota Golf Resort & Spa, this property will be the second undertaking by the group in Sri Lanka. With over 500 guest rooms and 41 serviced apartments, the hotel promises a luxurious retreat with pristine views of the Indian Ocean. Located at the upscale Galle Face Green promenade, the hotel sits on 10 acre of land. A 40-minute drive from the Colombo Bandaranaike International Airport, the hotel is going to become the new attraction and social hub of the area. Hong Kong-based Shangri-La Hotels & Resorts currently operates over 95 hotels globally.

Naredco’s 14th National Convention To Unfold New Era Of Realty Growth

Aug 18, 2017

In a bid to provide impetus to the real estate sector and support the reform measures taken by the government, National Real Estate Development Council (NAREDCO) - an apex body, formed under the aegis of Ministry of Housing and Urban Affairs is all geared up to organize its “14th National Convention” to be held in New Delhi on 28th & 29th August, 2017. The two days convention will see an active exchange of knowledge and ideas enriching the industry with thought provoking objectives for the growth of the sector.  The National Convention over two days will witness Bureaucrats, Policy Makers, Experts, Leaders, Real Estate and Private Equity Players all under one roof. Rajeev Talwar, Chairman NAREDCO, Parveen Jain President NAREDCO &  Anil Suri, Vice President (North) NAREDCO with other GC Members of NAREDCO unveiled the logo of 14th National Convention- theme "Indian Real Estate- Unfolding the new era of growth".


House Of Hiranandani Bags The Best Residential Project Award For Lake Verandahs

Aug 18, 2017

House of Hiranandani is a real estate conglomerate, developing iconic integrated life spaces in India.  The Lake Verandahs project by the group has bagged the ‘Best Residential Project’ award at the recently concluded Asia Real Estate Excellence Awards 2017 in Singapore. Located off Bannerghatta Road, near a serene lakeside sanctuary with breathtaking views of the city, Lake Verandahs is one of the most architecturally acclaimed towers in Bengaluru. Lake-facing 3 BHK apartments offer a true experience of opulent living. The project encompasses within its fold luxury and functionality through its exquisitely designed apartments interspersed with lively, sparkling water bodies. It offers a serene ambience complete with ideal amenities to service all lifestyle needs. House of Hiranandani has a national presence with projects in Mumbai (Hiranandani Gardens - Powai, Hiranandani Meadows-Thane, Hiranandani Estate- Thane, Hiranandani Business Park - Powai & Thane.), Bengaluru (Hebbal, Devanahalli & Bannerghatta), Chennai (OMR) and Hyderabad (Shankarpally).