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Tag: Bengaluru

Groundbreaking Initiative: Green Ride Bengaluru Revolutionizes Urban Mobility

Green Ride Blore

Bengaluru March 7th, 2024- Green Ride Bengaluru, a pioneering initiative in sustainable urban mobility by CiRE (Corporates in Real Estate), is set to make its launch on March 1st, 2024. The campaign with a vision of “Making Bengaluru more commuter-experience friendly” is offering a revolutionary solution to the pressing mobility challenges faced by the commuters of Bengaluru.

As one of the most congested cities in terms of traffic, Bengaluru has long grappled with issues of pollution, increased commute times, and overall urban mobility inefficiencies. CiRE sees this as a window of opportunity to bring in a strong corporate force together to facilitate change in the urban mobility system in Bengaluru. The campaign is scheduled to run for 6 months and intends to recognize and award corporates, corporate-tech park owners, and start-ups who have facilitated the use of public transport, last-mile connectivity practices, provision of shared electric transport, adequate supplementary infrastructure, and necessary policies for enhancing sustainable mobility usage by employees for their commute. These five award-focus pillars go beyond just creating awareness about sustainable mobility but rather initiate the much-needed change within the corporate commute.

On a wider vision, Green Ride Bengaluru Campaign, CiRE aims to elevate the overall livability of the city encompassing environmental, economic, and social parameters of development. However, the plan is to not do this alone but in collaboration with partners from government, academic institutions, developers, planners, corporates, and citizens to ensure a successful outcome. The city of Bengaluru thrives on innovation, with CiRE we believe in driving innovation basis collective efforts across all bodies of real estate.

Jayaram S. Govindaiah Founder CiRE said, “Mobility in today’s world is all about creating a positive environment across the ecosystem by reducing footprint of carbon and related emissions. Sustainability is of paramount importance to our future generations and CIRE is at it to create and deliver sustainable solutions across India”.

Era Chaturvedi Co-Founder of Green Ride says, Bengaluru paves the way for a sustainable urban future, with better footpaths, enhanced last-mile connectivity, increased EV charging infrastructure, and dedicated cycling paths. As our cities swell with urban life, the duty for greener cities isn’t a collective burden but a personal commitment we each embrace

Aditya PS -Chairman of CiRE said, “I see mobility as a societal equalizer, bridging gaps and fostering inclusivity. Our Green Ride Bengaluru campaign champions sustainability, aiming to make a greener future accessible to all. It is a transformative shift towards sustainable, equitable urban living, setting a precedent for collective action”.

The Green Ride Bengaluru campaign of CiRE is being supported by B.PAC, IISC, and Future ICT Forum as its key strategic and implementation partners. Sumadhura Group who are also the sponsors to this inititiave– Mr G. Madhusudhan, Chairman and Managing Director said, “We are committed to leading the way in sustainable practices which are consistent , viable and give long lasting positive impact to our environmental footprint.” Happy to support Green ride Bengaluru that brings key stakeholders together to engage for an actionable green mobility which is much needed in our city.

Prof Ashish Verma (IISc – Sustainable Transport Lab) (IST Lab.) states that – “Through Green Ride Bengaluru, our combined goal is to bring long-term changes towards sustainable mobility by recognizing and inducing sustainable mobility practices among corporates in Bengaluru, who have a large collective footprint in terms of their travel activities. For IISc Sustainable Transportation Lab, Green Ride Bengaluru is another mode of translating our research on sustainable mobility into practice”

Smt Manjula Vinjamuri, Chairman, Karnataka Appellate Tribunal, and Director-General, Administrative Training Institute, Mysuru. (Prior – Commissioner, DULT) said, “The Green ride movement is an open invitation to Bengaluru’s corporate sector to partner with like-minded organisations, and bring about a transformational change in the way Bengaluru moves for work. Bengaluru’s corporate sector is known to be innovative, and deeply engaged with civic issues. They have been part of trail-blazing initiatives such as cycle2work. I am hopeful that they would join this initiative and nudge their employees to move from private to public transport”.

XANADU partners with ‘true blue realty’ to launch uber luxury villas in bengaluru

XANADU partners with ‘true blue realty’ to launch uber luxury villas in bengaluru

After a successful foray in Bengaluru, Xanadu, a leading realty tech business accelerator firm partnered with luxury developer, ‘True Blue Realty Pvt Ltd,’ for their marquee development – True Blue Napa Valley, a Mediterranean themed Bungalow development in Bengaluru. The project is located on the Billionaire’s Mile in Northern Bengaluru, 10 mins from Hebbal, in Yelahanka. The development is well connected to the city and yet, surrounded in a peaceful and tranquil neighborhood with society’s crème de la crème. True Blue Napa Valley offers an uber-luxurious private bungalow community, targeting the NRI community and Bengaluru’s CXOs, start-up founders and other businessmen of mid to large sized firms.

Speaking about the association, Mr. Vikas Chaturvedi, CEO, Xanadu Realty, said, “Bengaluru has witnessed growth in the luxury segment from HNIs and UHNIs, due to increasing demand in the category. ‘True Blue Realty Pvt Ltd’ are veterans in creating bespoke projects and we are very happy to have partnered with them. Our association with True Blue Napa Valley fortifies our commitment in the luxury category. We have successfully built growth momentum in the luxury category for our clients across Mumbai, Pune and Bengaluru, by creating unique value propositions. We are excited to announce this partnership and take the uber luxury concept to the next level.

Speaking about the partnership with Xanadu, Mr. Ramreddy Dega – Promoter said, “The luxury villa segment is picking up momentum in Bengaluru and we are excited to partner with Xanadu Realty as growth catalysts for this project. Xanadu’s experience in the luxury villa segment has been noteworthy, and we want to offer a niche value proposition to the customers. The Mediterranean styled villas cater to affluent consumers who are looking for an uber luxurious and larger than life experience. With this project we strengthen our luxury portfolio in Bengaluru.”

Inspired by Mediterranean architecture, these bungalows are themed similar to the Santa Barbara villas on Coastal California, along with Medieval Spanish Mansions. A sanctum of viridescent wonder, True Blue Napa Valley takes a leaf out of regal Napa Valley architecture and firmly establishes luxury eco-community living. Designed in progressive harmony, the 133 luxury eco-community villas are privately nestled in the lap of nature. The project boasts of associating with legendary architects Wimberly Allison Tong and Goo from California, and P Landscapes from Thailand. The meticulous interiors of True Blue Napa are curated by celebrated designers, Warner Wong from Singapore.

True Blue Napa Valley is going to be an elite and exclusive community targeting HNIs and UHNIs. The eco-community sanctum is inclusive of curated list of amenities, with the 30,000 sq. ft Clubhouse acting as the pièce de resistance. Designed in the quintessential Santa Barbara theme, outdoor and indoor amenities such as feature gardens, volleyball court, tennis court, swimming pool, mini football, golf putting etc cater to whole family.

Aarambh’ 22 rocks the city of Bengaluru with a myriad of electrifying performances

Aarambh’ 22 rocks the city of Bengaluru with a myriad of electrifying performances

Bengaluru witnessed the biggest extravaganza since the pandemic as Aarambh 2022 rocked the city with a myriad of electrifying performances. Organized by KidsChaupal, an ed-tech start-up that aims at honing the skills of children, Aarambh is an annual cultural event that aims at giving wings to the dreams of aspiring young dancers out there and helping them take their first step toward a successful dance career.

Speaking about Aarambh 2022, Mr. Devendra Jaiswal & Mr. Dhiraj Singh, the co-founders of KidsChaupal said: “It is a celebration of the progress that has been made by the efforts of millions to overcome the traumatic experiences of Covid-19 and a reminder that there is still much more left to be accomplished.”
Among the diplomats and dignitaries attending the event were Dr. Amit Nagpal, President, Bloggers Alliance, veteran Bollywood writer, director, and actor Mr. Karan Razdan, renowned Kannada film director Mr. P. Sheshadri,National Flim Award Winner, Ms. Tammy Ben-Haim, Consul General of Israel to South India, and Mr. Alfonso Tagliaferri, Consul General of Italy in Bengaluru.

KidsChaupal is also one of the pioneer Indian companies that developed a live learning platform.  Mainstream education focuses more on academia, but skill training, which focuses on identifying, training, and nurturing talent in any desired field, will help the students to be confident and job-ready. To accomplish this, KidsChaupal has come up with a model of various curriculums for developing the skills of kids at the schooling level. The model developed is a result of years of research conducted by experts in every field. It promotes a holistic view of skill development throughout the curriculum.

Sharing his larger vision, Mr. Jaiswal & Mr. Singh added: “In a world where our daily lives are intrinsically intertwined with technology, exposure to performing arts will assist children in their holistic development. We are in the process of coming up with various holistic development offerings in Theatre, Music, and Dance and I believe that this is just the beginning. India is a hub of talent and if nurtured in the right direction, we will be able to make it the ‘Skill Capital of the world’ and give a bright future to the generations to come.”

A major highlight of Aarambh 2022 was the spellbinding dance performance featuring Tisya Singh. On the occasion, her upcoming novel was also announced. Tisya, a multi-talented 16-year-old girl who already has so many achievements to her name at an age when kids are busy memorising the periodic table, is the brand ambassador of KidsChaupal. She is an inspiration for the kids of this generation who need to find a balance between their needs and wants to survive the demand in the coming years of the 21st century.

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Mumbai, Bengaluru, Hyderabad to be front runners in India’s residential real estate recovery in 2022: Housing.com’s IRIS index

Megacities of Mumbai, Bengaluru and Hyderabad are all set to lead India’s residential real estate recovery in the year 2022 at a time when home purchases have picked up pace in the wake of record low home loan interest rates in the last 15 years and record low affordability driven by stable real estate prices, according to India’ leading digital full-stack real estate platform Housing.com.

According to Housing.com’s IRIS index, while these three cities have seen increased homebuyer activity after the second wave of the coronavirus pandemic, the tier-II cities like Surat, Jaipur and Patna are the ones that have recorded the highest increase in online property search volume in 2021. The index also lists its ‘cities to watch out for building-up residential demand’, which include Tier-II cities like Surat, Jaipur, Patna, Mohali, Lucknow and Coimbatore.

Housing.com’s IRIS index tracks the online property search volume of high-intent homebuyers. The index is a leading indicator of the building-up of residential demand in India’s key 42 cities.

“The year 2021 has definitely been a year of positive change for residential realty. In more ways than one, it has set the stage for an overall turnaround in the year 2022, something that every sector stakeholder—from the government to real estate developers, and from banks to property investors—has been waiting for. We firmly believe that the strong momentum in the residential markets will continue through the 2022 calendar year, provided India is able to effectively deal with the threat of the Omicron variant spread,” said Dhruv Agarwala, Group CEO, Housing.com, Makaan.com and PropTiger.com.

“The metro cities of Mumbai, Bengaluru and Hyderabad will drive residential demand revival in 2022. We are also seeing increased traction in tier-II cities such as Surat, Jaipur, Patna, Mohali, Lucknow and Coimbatore on the back of continuing remote working policies. Homebuyers are now leaning towards larger homes and localities with access to better healthcare services, security, and open spaces. The changing consumer preference in residential realty, along with digital penetration across the supply and demand value chain, will shape the market in 2022” said Ankita Sood, Head of Research, Housing.com, Makaan.com and PropTiger.com

Demand for larger homes, residential plots sees major boost

The index by the Gurgaon-based company also shows that larger homes are going to be the preferred option among homebuyers in 2022 as companies continue to offer remote working policies amid Omicron variant threats. Data show that the search queries for apartments with 3+BHK configuration grew by 15% year-on-year in 2021.

Due to the rising demand for larger homes in the post coronavirus world, the demand for plots is also likely to emerge much stronger. In fact, there has already been a 42% YoY growth in search queries for residential plots in 2021, as per the IRIS Index.

Since the price of any property is directly linked to its size and amenities, an online search for properties in the ticket size of more than Rs 2 crore, has also undergone an increase – 1.1x times more queries were registered on the index for premium properties in 2021. Proximity to health infrastructure and security would remain two of the biggest factors among prospective homebuyers when selecting their dream properties, the index reveals, citing data from Housing.com’s Consumer Sentiment Outlook for 2022.

Noida Extension records highest share in national online property search volume

Even though the NCR has been at the receiving end of negative publicity due to project delays and developer insolvencies, Noida Extension in Noida will see significant homebuyer interest in the coming year, the index shows. Noida Extension took the maximum share in national online property search volume this year as recorded by the index. This is primarily because of the comparative affordability the area provides, along with the fact that the centre and the UP government have announced several mega infrastructure projects for this region in the recent past.

 Renting activity to pick up in Mumbai, Bengaluru and Delhi

Housing.com’s IRIS index also indicated that the rental market in the megacities of Mumbai, Bengaluru and Delhi might come back on track in 2022, as companies increase hiring. In 2021, these three cities took the maximum share in online search volume for renting a home.