Indian Buyers Find London Luxury Homes Cheaper By Over 14%

Aug 17, 2017

Luxury homes bought by Indians in London in the March ending quarter of 2017 were significantly cheaper as compared to the same period last year courtesy the strengthening value of the Indian Rupee (INR) against the Great Britain Pound (GBP) according to the Knight Frank Global Currency Report 2017. The report gauged the impact of currency movements for international investors purchasing luxury residential properties in key cities across the globe. The weakening pound in the wake of events such as Brexit made properties in London 14.1% cheaper for INR denominated investors. As a result, Indian investors had the second highest purchasing power for properties in London only behind the Russian Ruble denominated investors. For the latter, the difference in prices courtesy currency fluctuation was a staggering 28.3%, the report shows. In fact, the currency value-induced discount for INR denominated investors was higher than Australia (11.7%), United States (11.6%), China (5.8%) and Europe (5.6%).

Source of information: Knight Frank Global Currency Report 2017

Maison Shanghai 2017 To Be Held At Sweecc

Aug 17, 2017

Maison Shanghai 2017, co-organized by China National Furniture Association and Shanghai UBM Sinoexpo Int'l Exhibition is to be held on the 12th to the 15th of September. To be held concurrently with the Furniture China in Pudong, it will be organised at the Shanghai World Expo Exhibition & Convention Centre (SWEECC). The brand will have three themed sectors of Design China, Maison Blocks and Maison Essential. These three areas are to focus on Aesthetic Trends, Urban Trends and Home Aesthetics, respectively. 

Viega Advantix Vario- A Tailor Made Shower Channel

Aug 17, 2017

Viega Advantix Vario shower channel has a high level of flexibility, from long to short, in L-shape or in a U-shape, and three connecting elements to assist the unique feature. It is the first shower channel that can be shortened exactly to the required length. On the other hand, even at a low installation height, it gives a drainage capacity of 24 litres per minute. For its flexibility, minimalism and top performance, the innovative Viega Advantix Vario shower channel designed by Artefakt Industriekultur, the Darmstadt design agency has been recognized by many prestigious entities. Viega was founded in Attendorn, Germany, in 1899. Worldwide, more than 4,000 people are employed by the Viega Group, which is a manufacturer of installation technology for sanitary and heating. The range consists of approximately 17,000 articles in the product categories of piping systems as well as pre-wall and drainage technology.

Ahec Unveils ‘seed To Seat’ Furniture Collaborative At ‘100% Design South Africa’

Aug 16, 2017

The American Hardwood Export Council (AHEC), a leading international trade association for the American hardwood industry, unveiled its ‘Seed to Seat’ furniture collaborative at ‘100% Design South Africa’, Africa’s premier exhibition and sourcing platform for high-end contemporary design, held at the Gallagher Convention Centre, Johannesburg. Given an open brief and asked to design ‘something to sit on’, the designers have created seven unique pieces using American tulipwood, red oak, soft maple and cherry, which are less well-known American hardwood species in South Africa. The project in South Africa is the third edition of ‘Seed to Seat’, which was initially launched in Australia last year and in Dubai earlier this year.

Pradarshak Presents Vidyarthi Vishesh Phase Iii

Aug 16, 2017

Pradarshak presents Vidyarthi Vishesh Phase III – Semi-abstract paintings by student artists. It will be held at the Pradarshak gallery from the 11th to the 19th of August. Featured are works of Anupkumar Shivaji Sharma, Priyanka Vijay Sonawala, Lawoo Laxman Rane, Prajakta Rajendra Kharat, Tai Dnyandev Borate, Akshay Ramkrishna Salvi, Abhijit Bhalchandra Nigade, Rutuja Rajendra Siddam, and Swati Sampatrao Kalokhe. Each year a new thought is born. Each student in the exhibition comes forth with a new idea, a novel perception, this time the semi-abstract paintings have a layered presence. Very few seem straightforward or easily comprehensible. The rest are nuanced but aesthetically appealing. 

Trimble Solutions India Participated In The 4th Edition Of The World Of Concrete Show

Aug 16, 2017

Trimble Solutions India, a software solutions provider for the concrete construction, is exhibited its portfolio of products at the 4th Edition of World of Concrete Show in New Delhi. The 3-day event held at Pragati Maidan, New Delhi focuses on promoting latest technologies and solutions for the Concrete industry. Trimble has exhibited its world class products and latest technology available for the construction industry at this flagship event for the Concrete industry. Trimble, long-known as the industry leader for structural steel and concrete 3D models, showcased its portfolio of marque product brands like Tekla, Vico Office, Quantm and Tilos at this event. Tekla’s range of construction software solutions for Building Contractors and Precast Concrete Producers, led with Tekla Structures, its flagship product, help create accurate, reliable and detailed 3D BIM models. Together with Trimble Connect, a professional tool for construction project collaboration and Tekla Field 3D, an easy-to-use 3D tool for utilizing Building Information Models (BIM) on mobile devices, Tekla’s portfolio helps Concrete contractors control the workflow, from preconstruction to site management, at their fingertips.

 

Adil Ahmad Associates With Isprava To Design Villas In Nilgiris

Aug 14, 2017

Isprava that constructs and designs sophisticated luxury holiday homes for discerning audiences has announced its partnership for designing their homes in the Nilgiris with renowned Interior designer Adil Ahmad, Creative Director of Good Earth. He is known for his design across India, especially the Rajmahal Palace, Jaipur. This organic synergy between Isprava and Adil Ahmad promises to redefine luxury through design in India. The Isprava homes in the Nilgiris will be inspired by an Indo Colonial theme. They will be designed to look like old English country lodges and cottages that not only showcase grandeur but also warmth. All Isprava homes in the Nilgiris will showcase a lot of texture and depth, thus adding to the design elements to sync with its natural surroundings. Typically these Isprava homes will have antique furniture, bespoke soft furnishings, crockery, cutlery and white goods, vegetable patches, herb garden, various sit-outs and wooden gazebos to maximize on the untouched scenic beauty of the Nilgiris. 

Go Swadeshi - Our Weaves, Our Pride’ -handwoven Fair By Gocoop

Aug 14, 2017

GoCoop, an Indian online marketplace for weavers and artisans will host ‘Go Swadeshi’- a one of a kind exhibition that showcases a wide range of exquisite Handloom products by weavers and artisans from across the country.  The five-day exhibition will be held from 17th August to 21st August at Regional Institute of Co-operative Management in Banashankari from 11 am to 9 pm. With a perfect mix of the contemporary and the traditional, Go Swadeshi will showcase the best of collection by weavers from Karnataka, Andhra Pradesh, Telangana, Odisha, West Bengal & Madhya Pradesh.  If you love all things handmade, treat yourself to a variety of unique weaves and crafts at the exhibition. GoCoop’s ‘Go Swadeshi’ is an attempt to reinstate the pride in handspun, handwoven and handcrafted products and to encourage people to indulge in the rich handloom traditions of India. The exhibition also gives a unique opportunity for weavers and artisans to sell their produce directly to the consumers.

 

Trek Conducts Forum On Rera & Gst

Aug 14, 2017

A session was organized in Mumbai by TREK (The Real Estate Kings) on the concerns revolving around the two new laws in the country. The recently inaugurated laws of RERA and GST affects realtors, brokers, architects, bankers, construction contractors and vendors, investors, housing finance companies, NBFC’s among others who directly or indirectly do business with the real estate industry. Advocate Parimal K. Shroff of Parimal Shroff & Co. and Advocate Anil Harish of D.M. Harish & Company spoke about RERA whereas C.A. Ravikumar Yanamandra of Ernst & Young spoke about GST. Advocate Shroff said that “RERA is a fabulous initiative and it will be a win-win for all the stakeholders.” Advocate Anil Harish supported this further by saying, “The act is bound to forge a symbiotic relationship between the discerning home buyers and genuine real estate developers.” Speaking about GST, Ravikumar said that “GST will also help cut cash component in construction as products have to be sourced from registered vendors to get input tax credits.”Avinash Khater, Chairman of TREK concluded the discussion by saying, “GST & RERA will surely bring in the boost within the Real Estate sector through their progressive and diversified roles. We at TREK plan to promote regular knowledge sharing sessions like these.” 

Marriott International Inc Aims To Expand To 100 Hotels In India By 2018

Aug 11, 2017

The American hospitality group of Marriott hotels seeks to widen its footprint in India to have around 100 functional hotel units by the end of 2018. The brand currently has 86 functional hotels in over 35 cities in India in a span of 20 years. Globally the brand has another 100 hotels in the pipeline. Currently, Marriott as a company is targeting all the customers, be it leisure or groups. The company also recently launched an initiative called Shadi by Marriott- a wedding focused campaign.