Corporate Connections (CC Hyderabad1) launches its Hyderabad Chapter

T –Hub CEO Srinivas Rao Mahankali attends as Chief Guest

Corporate Connections (CC Hyderabad1) launched its first chapter in Hyderabad. Corporate Connections (CC)  is Global Business Networking Organisation where the main purpose is to connect leaders around the world and empower them to create opportunities and meaningful change in their organizations, communities and lives.CC are currently active in 5 continents, 24 countries, and 25 cities in India. The tagline of CC is “where leaders connect” with the theme  “making connections that matter”.

Lighting of the lamp by dignitaries from various spheres of the corporate world jointly participated  to mark the event. Guest speaker Srinivas Rao Mahankali, CEO at T-Hub Hyderabad said “T-Hub is the new Charminar of Hyderabad as a city that is rapidly growing with investments and interests from across the globe.Hyderabad is the vaccine capital of the world and proved itself during the pandemic by catering to the needy. Its excellent weather, cordial people make it the ultimate destination beating even Bengaluru by a close. I have observed that there is a paradigm shift of IT corporates to Hyderabad”.

Nihar Yerubandi, Executive Director (CC) said “there are moments when history is made in a historical city like Hyderabad. This is a community for mutual growth because Hyderabad has a good eco system  and plenty of start-ups”.

KVT Ramesh, National Director (CC) said, “we need to connect and empower leaders with core values in order to excel as a catalyst for change and evolve in every sphere”.
Mir Ahmed Ali Khan, Chapter Chair (CC) said, “change happens only due to networking and CC is the perfect pool to dive in for any kind of business. We ensure that products are not just the state of the art technology but also feature rich built through extensive research”.
Earlier, new members were inducted by a formal Pinning ceremony by the seniors of CC.Welcome video messages from across the Global Community were beamed on the screen highlighting their journey and experiential sharing. The event ended with people bonding themselves over good food and music and songs rendered by a live Sufi group. “CC Hyderabad” franchise owners are Nihar Yerubandi, Ananth Chaitanya Badhe and Ajay Manchukonda.

Spot admissions and scholarships for universities in USA by Judson University

Are you looking for spot admissions in USA for MBA, Master and Doctoral programs and still figuring out how the application process for the admissions would be? Put your best foot forward and head straight away to University HUB at Ameerpet. You can be sure of grabbing the scholarship of your dreams.Just walk into Aditya Park Hotel, Ameerpet, Hyderabad on 28th March and register for a spot admission.

Pawan Srivastava, Chief Executive Officer, University Hub says “University HUB is a one of the pioneers in guiding and assisting students who are interested in pursuing their education abroad. Since 2010, the group has enrolled over 75,000 students at various US Universities. Been through the entire process of studying abroad, namely in USA, Australia and UK, the founders are well versed with all the challenges that the international students go through while applying to foreign universities. University HUB’s prime aim to Make Study Abroad Easy for the international students.”

Dr Verghese Mathai, Dr Rani Mathai, Ms Kim Johnson, Dr Dana Onayemi and Mr Pawan Srivastava have announced the scholarships of Judson University, Chicago for the students of Telangana and AP at an event in Park Hyatt hotel on Saturday.

The team of experts, Varghese Mathai, English Professor, Benjamin P. Browne Chair of Communications and Kim Johnson, Doctorate of Computer Science Program Manager (Judson Univ) along with Dana Qnayemi (Judson Univ) Director of Graduate Programs in Computer Science will be available to guide and assist you through the process..

Varghese Mathai, English professor said “ our MBA program with a STEM informatics focus offers students a unique blend of business and technical skill to succeed in the rapidly evolving field of data-driven decision making. Through hands-on projects, case studies and coursework, students learn to effectively analyze and interpret complex data sets, develop innovative solutions and lead interdisciplinary teams in a variety of industries”.

Bigger Homes Ruling Real Estate in NCR

Bigger Homes are becoming the most sought-after configurations as people incline towards premium residential spaces offering multiple facilities. 4-5 BHKs are the major establishments that are covered in the segment. Investments in this sector have consistently been the most coveted and reliable option, and a flurry of infrastructure improvements has multiplied their value, particularly for high-value investors. Such projects have become the primary preference of HNIs (high-net-worth individuals), UHNIs (ultra-high-net-worth individuals), NRIs (Non-resident Indians), businessmen, etc. 

 

Bigger Homes

 

Mr. Nayan Raheja, Raheja Developers, said, “As people move towards spacious projects offering multiple facilities within the development, 4-5 BHKs have gained massive momentum in the recent quarters. Offering luxury amenities in premium residential spaces, such developments are a perfect blend of sound investment opportunities with world-class lifestyle facilities for buyers. We are keen on offering quality projects to our customers and strive to incorporate all the preferences in our projects.” 

 

Connectivity, the real estate sector’s backbone, plays a vital role in the popularity of such projects. The quick access to such projects through roads/expressways/highways, rail networks, airports etc., and a sound intra-region connectivity elevate the visibility of bigger homes at prominent locations. Such projects have gained the highest popularity in Delhi-NCR and the major significance are the latest developments, i.e., the Delhi-Mumbai expressway, Rapid Rail Transit System, Dwarka expressway, etc. 

 

NRIs and HNIs prefer to live in spacious, comfortable homes with first-rate amenities that give them a sense of protection. Homes with larger layouts and more modern features are now the most sought-after investments as buyer economic efficiency rises. The popularity of such residential projects is due to their top-notch amenities, top-notch infrastructure, and prime locations, and these developments are attracting a niche clientele that is searching for the ultimate in lifestyle and convenience. As a result, there is a rise in demand for luxurious homes in attractive neighborhoods, especially in NCR,” said Mr. Amit Jain, Director, Mahagun Group

 

The extensive green cover, large open spaces, sense of peace, security, community living, and well-developed social infrastructure are fulfilling the aspirations of high-value investors, and as a result, the region is experiencing high demand and appreciation as well. Major projects in various parts of the NCR offer chic interiors and superior amenities. In order to build residential places that are healthier, dependable, and durable, they are using low-carbon, recycled, or plant-based materials like bamboo, recycled plastic, plant-based foam, hemp, and others.

 

Ms. Yukti Nagpal, Director, Gulshan Group, said, “The post-COVID era has seen a significant demand appreciation for Bigger Homes, which was up till then only an far-fetched aspirational goal for homebuyers. The uncertainties posed by the COVID-19 pandemic instilled the Now & Never investment mindset among homebuyers, which resulted in record-breaking sales of bigger homes in the later times. Spacious homes offer upgraded luxury and convenience that improve buyers' lifestyles and provide them with a once-in-a-lifetime experience. The joy of owning larger residential properties grows even more when the property is situated in a remote but accessible area near essential amenities. As a result, these properties have become more common in well-connected cities that can be easily reached from notable locations and other significant cities. Moreover, luxury projects have become more sought-after in such regions, offering world-class facilities away from the hustle-bustle.”

 

Bigger homes, which provide luxurious amenities in upscale living areas, are the ideal combination of solid investment possibilities and top-notch lifestyle amenities for buyers. As buyer economic efficiency increases, homes with bigger floor plans and more contemporary features are currently the most sought-after investments. These residential developments are drawing a niche clientele that is looking for the ultimate in lifestyle and ease, and their success is due to their first-rate amenities, first-rate infrastructure, and prime locations,” said Mr. Narayan Bhadana, Managing Director, 4S Group

 

Mr. Ashwinder R Singh, CEO-Residential, Bhartiya Urban, stated, “The best mix of sound business opportunities and first-rate lifestyle amenities for buyers is larger homes with opulent amenities in upscale living areas. Homes with larger floor plans and more modern features are presently the most sought-after investments as buyer economic efficiency rises. Large spaces are in demand because of their superior facilities, superior infrastructure, and prime locations. These developments are luring a niche clientele looking for the ultimate in ease and lifestyle. Such developments, which provide luxury amenities in upscale living areas, are the ideal combination of safe business possibilities and top-notch lifestyle amenities for buyers.

 

The real estate segment with bigger configurations is well-positioned to draw significant capital. Building improvements combined with initiatives centered on sustainability will promote growth and increase the rewards and profitability of investments in the upcoming years.

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(Disclaimer: The above press release comes to you under an arrangement with NewsVoir India and this publication takes no editorial responsibility for the same)

EuroKids launches Summer Club 2023 with unique themes

EuroKids, India’s most trusted brand, has rolled out its annual ‘Summer Club’ program to engage children in fun-filled activities during the summer break. Every year EuroKids launches a summer club program to assist children in acquiring new habits and forming a daily routine during the holidays. The program will help students make new friends, explore new hobbies and settle well for the new academic year. The different activities and unique themes will help children build reading habits and be more social, adaptive, curious, and open towards learning new things. The EuroKids Summer Club this year will offer customised activities for different age groups, such as (2 to 4 years) and (4 to 6 years).

The Wanderers group (2 to 4 years) includes modules like ‘The Flying Carpet’ and ‘The Jungle Book’, with adventures to enhance children's creativity, bravery and confidence. The Jungle Book teaches children about the various skills required to adapt and survive in all circumstances like Mowgli, the fearless character from the book.

The Discoverers group (4 to 6 years) has modules like ‘Readers Café’ and ‘Little Scientists’. The Readers Café’ focuses on inculcating the love for reading among young learners through reading and interactive discussions of stories to further their communication skills. The Little Scientists module is designed to ignite scientific interest among children through various exciting experiments packed with amazing crafts to keep them engrossed.

 At the onset of the ‘Summer Club’, K V S Seshasai, CEO, Pre-K Division, Lighthouse Learning said, “We are excited to launch the Summer Club program this year with new stories and unique activities as we believe the children's demands are changing as their developmental needs are also continuously evolving. The summer club program brings opportunities for kids to develop new skills, help them settle in for preschool education, and make them future-ready. With each module, we aim to ensure that every child experiences an enriched learning experience, learns something new every academic year, and kick-starts their learning journey with lots of zeal and enthusiasm. It will help them settle comfortably for the new academic year and acquire new skills.

Register for the Summer Club at your nearest EuroKids Centre: –  eurokidsindia.com

iMerit Launches AI Data Solution for Content Moderation and Community Management in Video Game Industry

iMerit, a leading artificial intelligence (AI) data solutions company, today announced a data intelligence solution purpose built to help video game industry creators build more effective AI-based content moderation and community management systems. iMerit’s data intelligence solution for video game creators enables studios to better serve their communities by building sophisticated automated speech recognition (ASR) models that conduct sentiment analysis to improve player safety and experience. 

 

iMerit’s data intelligence solution for the video game industry delivers custom developed tooling for AI and ML teams to build more effective ASR and player behavior classification models. iMerit’s highly-trained team of skilled annotation experts deliver human-in-the-loop model verification workflows, enabling AI teams to build sophisticated systems that fine tune content moderation models on contextual nuances. This highly scalable solution enables studios to better understand nuanced gaming language, player intent, and terminology, giving them greater player oversight for maintaining positive gaming environments.

 

“Having robust community and communication within video games is a major factor in helping game studios achieve rapid growth and retention. However, fostering a healthy community at scale can be a challenge. As studios turn to AI to better understand and flag gamer behavior, they require better data to ensure the models work as intended. iMerit provides the rich data that enables game studios’ AI models to perform more effectively and deliver a superior experience for players and better growth for studios,” said Radha Basu, co-founder and CEO, iMerit.

 

For more information on how iMerit leverages technology, talent, and technique to help AI and machine learning teams around the world manage and annotate data to ensure faster time to market and stronger ROI, please visit www.imerit.net.

 

Additional Resources:

·         Case Study

·         Data Annotation Best Practices for In-Game Behavior Moderation

·         3 Ways Gaming Companies Can Use AI/ML for Safety and Inclusivity

·         Gaming Behavior Moderation: AI-based vs. Human-Moderated

CFA Institute Expands Accessibility For Students in India with a New Test Center in Noida

 

  • Further increasing accessibility for candidates in different parts of the country, CFA Institute is to have new exam centers in Coimbatore, Nagpur, Noida, Raipur, Ranchi, Surat and Visakhapatnam from the November 2023 CFA Exams.

CFA Institute, the professional body for excellence and thought leadership in finance, has opened registrations for November 2023 CFA exams. With the rising demand for CFA Program, the organization has added seven new test centers in Coimbatore, Nagpur, Noida, Raipur, Ranchi, Surat and Visakhapatnam to improve accessibility and convenience for candidates. This is in addition to the four new test centers added from February 2023 exams, taking the total number of test center cities to 23 across India and over 400 worldwide.

 

According to the impact assessment of CFA Program study released by the CFA Institute in January 2023, 78% of new CFA Program candidates stated that the CFA Program has a significant or high impact on their career. The study also revealed that global MNCs continue to be key employers for CFA Program participants and the average salary of a new CFA Charterholder in India is approximately INR 28.6 lakhs per annum.

 

“CFA Program is the preferred professional qualification for a career in finance and investment management. CFA Institute aims to continuously improve the journey for candidates from around the country, enabling them to accomplish their life and career goals. The expansion of our test center network is a step in that direction. It will help reduce associated travelling costs to take exams and make the Program more accessible to those aspiring to be investment management professionals.” said Arati Porwal, Country Head, India at CFA Institute.

 

In addition, there is also an increase in demand for scholarships and other tools that can aid aspirants with financial liquidity while paying for the exam fee. Taking this into account, CFA Institute has also introduced a flexible payment solution that will provide an affordable and convenient EMI option for Indian candidates to pay their CFA Program fees.

 

India has one of the most vibrant, professional, and vigorous finance and investment management industries. It has a diversified financial sector undergoing rapid expansion, both in terms of robust growth of existing financial services providers and new entities entering the market, especially in the fintech space. With such rapid growth in the industry, there will be an increasing demand for professionals with relevant competencies and high standards of ethics. CFA Institute works closely with the industry and regulators to support an inclusive, secure, and ethical investment management industry in India.

Hitwicket Superstars Launches First-ever Hitwicket Cricket World Championship 2023

Hitwicket World Championship 2023 will be the first international strategy-based independent Cricket  eSports tournament

 

30 teams globally will compete for their share of INR 2,25,000

 

India’s highest-rated Cricket Strategy Gaming app, Hitwicket Superstars has finally released the event schedule of the highly anticipated Hitwicket World Championship set to feature a massive prize pool of INR 2,25,000 & is the biggest strategy-based, independent Cricket eSports tournament ever witnessed in the history of mobile gaming. In fact, the Hyderabad-based gaming studio has managed to carve out an inspirational benchmark with its prize pool, attracting top esports aspirants and millions of cricket fans from across the globe.

The virtual tournament will commence on 23rd March with the rigorous election process to choose the top 30 Hitwicket Teams that will be battling out for the lucrative cash prize. The response to the initial announcement has been massive with over 30,000 teams registering to participate in the elections.

Hitwicket World Championship is the only eSports tournament that will involve participation from users across all levels. This democratic flavour is ensured through a methodical electoral system, wherein users can vote to choose managers for a particular city. Furthermore, they can scout players i.e. In-game characters for playing on the squad of their chosen city offering them a chance to win a portion of the prize pool.

As a part of the tournament, Hitwicket has introduced a tier-based PvP Reputation system to categorize users based on their skill set in multiplayer matches. Different ranks will indicate the caliber and prowess of the users dealing with an increasing level of toughness. The PvP Reputation System will offer users a way to showcase their skillset in the multiplayer mode, aiming to climb up the leaderboards. Upending the global trend, more women have shown interest in the tournament with 22% of the registrations being from female players. Evidently, the metros such as Chennai and Mumbai seem to be leading the path with 37% of overall registrations followed by Delhi, Hyderabad, and Bangalore. It is interesting to note the significant share of 18% of International registrations from England, Australia, Pakistan and other cricket-loving countries.

 

Event Schedule and Structure

 

Hitwicket World Championship will run from 23rd March’23 to 16th April’23 with teams from India, England, Australia, UAE, and Pakistan competing in daily matches to win the prize money. The online tournament will be Live streamed on the Hitwicket YoutTube channel with replays archived for audiences who wish to watch them at a later stage.

A total of 10 cities will be represented with 3 managers per city chosen through a streamlined voting process scheduled to take place between March 23rd to 26th 2023. This will be followed by a group draw and player scouting between March 27th to 31st 2023. Please find below the entire schedule and details for each stage:

 

     Group Stage: April 7-14th 2023

10 cities will be split equally into Group A and Group B for the determination of Winner and Loser brackets through Intra-group matches. A total of 20 matches will be played amongst teams for the course of one week with the top 2 winning cities from each group proceeding for the playoffs.

Playoffs: 15th April 2023
The playoffs will comprise 2 Qualifiers & 1 Eliminator round. Qualifier 1 will have the top cities from both groups competing to move to the next qualifier round. Teams which secured a second position from both the groups will play the Eliminator round of which the winner will move to Qualifier 2 and play against the losing team of Qualifier 1. The winner of each qualifier will directly proceed to the grand finale.

 

     Grand finale: April 16th 2023
The winners of Qualifier 1 and 2 will compete against each other in a grand finale themed on the format of the Indian Premier League play-offs.

 

Prizing Details

The total Hitwicket World Championship 2023 prize pool amounts to INR 2,25,000/- which will be distributed amongst the winners based on their final ranks on the leaderboard. Additionally, users whose chosen players competed being on the squad of the winning cities get to take back home INR 50,000/- i.e. a portion of the total cash prize.

Supporting Quotes

 

Kashyap Reddy, Cofounder, Hitwicket

“We are thrilled to announce the first-ever edition of the Hitwicket World Championship in 2023. This is the first of many eSports tournaments coming from Hitwicket this year. All of them are expected to follow a similar league structure that will take place around the year, with the final major event taking place around the ICC Cricket World Championship. With this tournament, the aim is to build India’s first independent cricketing esports tournament and provide a platform for cricket fans to showcase their strategy skills and cricket knowledge. We are passionately working towards creating the first ever 1st Mobile eSports IP from India.”

IIFL JITO Ahimsa Run on April 2 in 23 Countries

·      IIFL Jito Ahimsa Run to be held on April 2, 2023 across 23 countries and 65 cities in India

·      IIFL Aims World Record with IIFL JITO Ahimsa Run

IIFL Group, which is one of India’s largest financial services conglomerates, aims to create Guinness Book of World record with IIFL Jito Ahimsa Run to be held on April 2, 2023 across 23 countries and 65 cities in India. This is the largest such run for the cause of peace and non-violence.  The run is organized by the ladies wing of Jito (Jain International Trade Organization) and IIFL besides Jito volunteers and supporters across the world.

One can register for IIFL Jito Ahimsa Run at https://ahimsarun.com/ to become a part of the run. The registration link opens on March 17, 2023 and one can chose the city and country they want to run in. The IIFL Jito Ahimsa Run aims at creating awareness for a better world to stop wars, hatred and bring peace and nonviolence in our surroundings.

‘Ahimsa’ means forgiveness, positivity, cosmic love, strength and brotherhood. Ahimsa is Shakti and in today’s trying and turbulent times, we all need to come together and show our Shakti (strength). And what better day one can choose for IIFL Jito Ahimsa Run than just before Mahavir Jayanti, when we pay respect to Lord Mahavir – Lord of Forgiveness. This is a run for all communities, genders and age group. The idea of the run is collective strength and inclusion.

The run has been endorsed by many public personalities across India and aims to initiate the younger generation towards peace and nonviolence at an early age to create a future generation where war and violence will become a thing of the past.

The idea of the IIFL Jito Ahimsa Run resonates with IIFL Group’s philosophy – Fairness, Integrity and Transparency – and ‘Seedi Baat’ or straight talk. IIFL Group is a pioneer of financial inclusion in India by providing loans to over 8 million unbanked and underbanked customers and aims to fulfil the dreams of small entrepreneurs across India. IIFL Foundation works towards girl child education, health, poverty alleviation and livelihood on a large scale and has brought over 36,000 out-of-school girls. 

IIFL Group, founded by Mr. Nirmal Jain has become one of the most successful financial conglomerates in India in just over two decades with distinctly listed businesses – IIFL Finance, IIFL Wealth (360 One), IIFL Securities and 5paisa.com – each in leadership positions in the segments they operate. The group also has two subsidiaries IIFL Home Loan, and IIFL Samasta Finance, one of the largest affordable housing finance and microfinance businesses respectively.

Visa application volume from New Delhi touches 80% of the pre-pandemic levels in 2022



·         Visa application volume almost doubles in 2022 against 2021

·         Healthy uptick for personalised services such as Visa At Your Doorstep


Visa applications from New Delhi nearly touched the pre-pandemic levels in 2022 driven by pent-up demand, opening of international borders, and eased COVID-related protocols. According to VFS Global, the visa application volume from New Delhi reached close to 80% of the 2019 pre-pandemic levels in 2022 and registered a 93% growth when compared to 2021.

This trend of rise in visa application volume from New Delhi is in line with the overall growth registered in India, which was also close to 80% of the pre-pandemic levels in 2022.

“We witnessed unprecedented demand from India in 2022 which led to an extended peak outbound travel season with steady volumes witnessed until December. We are confident that the momentum will further grow and hence it is advisable for applicants to apply for their visas in advance to avoid last-minute surprises,” said Prabuddha Sen, Chief Operating Officer – South Asia, VFS Global.

Another defining trend noticed in travellers’ behaviour was wider adoption of personlised service which began since the pandemic. Premium optional services such as Visa At Your Doorstep (VAYD) that enables travellers to book the entire visa experience at a location of their choice, witnessed around 90% year-on-year rise in 2022. VFS Global offers VAYD for 16 client governments in India – Austria, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Iceland, Italy, Latvia, Lithuania, Luxembourg, Slovenia, Switzerland, UK.

“Health considerations continue to be a key determining factor in the new normal. As a result, we see an increasing number of travellers opt of such services that provide a seamless visa experience and prioratise safe travel,” added Sen.

 

Peak Season Travel Guide

 

#ApplyinAdvance

 

It is recommended to apply for visas as early as booking flights and stay. Most countries accept visa applications up to 90 days (3 months) before your date of travel. According to the revised Schengen Visa Code, effective 09th February 2020, you can apply for a Schengen visa up to 6 months before your date of travel. Particularly this year with higher demand and limited appointment slots available, we urge applicants to apply for their visa as early as possible.

 

#DoNotFallForFraud

 

Visa applicants are advised to beware of fraudulent entities who charge fees from customers for scheduling appointments or providing any other services using VFS Global’s name or independently. We do not charge any payment for scheduling appointments. For any assistance, feel free to reach out to one of our staff or send an email to communications@vfsglobal.com

 

 

Enjoy our optional value-added services for a seamless visa experience such as:

 

·         Premium Lounges: Quick, safe, comfortable – get a personalised visa submission experience.

·         Form-filling assistance: Allow our expert staff to assist you in completing your visa application on phone or at a visa application centre

·         Courier Service: We deliver your passport and documents. It’s quick, safe, and convenient.

·         Travel Medical Insurance: Get your mandatory Travel Medical Insurance including Covid-19 coverage from global insurers.

·         SMS Alerts: Stay updated on the progress of your visa application.

 

 

For more information, visit https://www.vfsglobal.com/en/individuals/solutions.html.

 

Delhi-NCR Emerging as the Most Favourable Commercial Real Estate Destination


Real estate has been witnessing vigorous growth in the country, and Delhi-NCR is one of the most popular hotspots. The region is excelling in delivering both quality and quantity of projects across both residential and commercial segments. The availability of renowned developers, vast connectivity through multiple modes, including the network of roads, expressways, highways, railways, international airports, etc., and the development of commercial hubs have made the region much more desirable. The availability of growth opportunities has attracted a large group of commercial real estate investors to the region. 

 

Mr. Ajendra Singh, VP, Sales & Marketing, Spectrum Metro, said, “Real estate sector has acquired momentum in the last two years, and there has been a gradual increase in the leasing of retail space ever since. Post COVID, retail spaces have made an incredible comeback in the investment sector. The sector has maintained an upward trend, which is expected to continue. The development of malls as centres of culture, entertainment and art have witnessed a massive response from customers. Visitors view shopping centres and commercial locations for entertainment, retail therapy and a holistic buying experience with both local and global brands.” 
 

The annual retail leasing of Delhi-NCR has jumped by up to 21%, showing the keen interest of buyers in investing in commercial projects, both office spaces and retail stores. The improved quality and variety of commercial real estate projects result from the periodic increases in retail space leasing. India's growing need for retail and commercial space has increased the number of structures built to accommodate both workplace and retail occupants. 
 

There has been a rapid increase in demand for commercial and retail projects as the population in urban cities and towns rise. In order to reach the untapped demographics and convert them into lifelong customers, national and foreign brands are joining hands with recently launched commercial projects. Delhi-NCR has become the top destination for such investments with the availability of uniquely designed projects catering to the diverse needs of buyers,” said Mr. Sanchit Bhutani, Managing Director, Bhutani Grandthum
 

After the pandemic changed the way that businesses and workers interacted, Tier II towns experienced an unprecedented acceleration of development. On-the-ground reports indicate sustained investments in infrastructure and expanded employment possibilities. The growth of metro and suburban transit brings sophisticated and promising answers to long-standing connectivity problems. The desire for commercial properties has increased due to the expanding number of businesses in Delhi-NCR. Investors now have a fantastic chance to engage in commercial real estate and profit from the rising demand.
 

Mr. Salil Kumar, Director – Marketing & Business Management, CRC Group, said, “As the buyers’ economic stability strengthens, the demand for commercial and retail real estate in Delhi-NCR has drastically increased. National and global brands have also become an integral part of commercial spaces to provide a holistic experience to customers and bind them as lifelong consumers of a project. The availability of unique retail and office spaces has increased recently. This has also aided and added to the steady peak in the leasing of retail spaces.” 

 

Governments at the federal and state levels have expressed interest in accelerating larger, more expensive initiatives like international airports. A good place to start is with Gautam Budh Nagar's grandiose new Jewar International Airport. The RRTS, Jewar Airport, the continually growing Metro network, bettering roads, better policing, proactive policies, and the construction of sizable data centres are a few of these. Several towns are simultaneously working to increase their office leasing options and entice renowned IT and retail companies to locate there. 
 

The strong market demand for commercial spaces can be seen by the simple fact that rental store uptake has increased for good reasons despite an increase in rental costs. People have begun flocking to malls and other commercial locations to shop, purchase new items and services, dine, engage in activities, and refresh themselves as pandemic fears have completely faded. An example of this fact is the increase in the number of commercial projects, especially in Delhi-NCR, and their never-ending footfall. Appealing additions to malls and commercial projects, new brand store openings, also help to boost traffic and foster a higher degree of engagement in the mall,” said Mr. Vikas Bhasin, Managing Director, SAYA Group

 

Start-ups and multinational corporations (MNCs) looking to set up their offices and data centres in NCR are driving the strong development of commercial real estate. Leasing activity is increasing in the business real estate market due to the positive trend. This industry is expected to experience a significant appreciation, greater than the total appreciation over the previous three years. The demand for commercial office space in Noida will likely remain high thanks to start-up businesses and sectors like IT, ITES, and the financial services industry.

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(Disclaimer: The above press release comes to you under an arrangement with NewsVoir India and this publication takes no editorial responsibility for the same)