• Bhubaneswar India
  • Contact+ 91-9938772605
  • Mon - Sat : 10:00AM - 6:00PM

Tag: Infrastructure

Infrastructure Boost Propels Ghaziabad Property Market Surge: SquareYards.com

Gurgaon, 1st July: Ghaziabad, a vital part of the Delhi NCR, is making significant strides in the residential real estate market. Known for its relatively affordable properties compared to areas like Gurgaon and Noida, the city is experiencing increased activity driven by major infrastructural developments.

According to SquareYards.com, Ghaziabad witnessed nearly 11,000 property transactions in the first quarter of 2024. The majority of these transactions occurred in the less than INR 50 lakh price range, comprising more than three-quarters of the total transaction volume. Key localities along NH-9 (old NH-24), such as Indirapuram, Shahpur Bamheta, Pratap Vihar, Vaishali, and Raj Nagar Extension along Meerut Road, saw the bulk of these transactions. In terms of gross transaction value, Indirapuram led with properties totaling INR 701 crore sold during this period.

“Ghaziabad, a crucial part of the Delhi NCR, benefits from its close proximity and excellent connectivity to Delhi and Noida’s commercial hubs. It is well-equipped with physical and social infrastructure such as healthcare and educational institutions, adding to the livability of the city. This, combined with its relatively affordable property options, gives the city a unique edge. Moreover, the ongoing development of the Delhi-Meerut-Ghaziabad RRTS corridor and the extension of the RRTS- cum-metro corridor to Jewar airport are poised to be game changers for Ghaziabad’s property market.” said Vikas Tomar, Executive President, SquareYards.com

Tomar added, “For homebuyers on the lookout for affordable properties, Ghaziabad has become the go-to destination. It’s also proving to be a lucrative choice for mid-segment buyers, offering a wide range of appealing options.”

As Ghaziabad continues to develop and benefit from significant infrastructural projects and growing homebuyer demand, its residential real estate landscape is set to transform, offering promising opportunities for both local and national developers, and establishing the city as a key player in the Delhi NCR property market.

Top Locations by No.of Transaction – Ghaziabad (Jan-Mar’24)
Location No. of Transactions Sale Value in Cr.
1 Indirapuram 1,150 701
2 Raj Nagar Extension 601 255
3 Shahpur Bamheta 537 164
4 Pratap Vihar 475 175
5 Vaishali 410 212
6 Morta 362 93
7 Sadullahabad 360 60
8 Shalimar Garden 354 93
9 Nai Basti Dundahera 349 143
10 Wave City 318 130
Top Locations by Sale Value – Ghaziabad (Jan-Mar’24)
Location Sale Value in Cr. No. of Transactions
1 Indirapuram 701 1,150
2 Raj Nagar Extension 255 601
3 Vaishali 212 410
4 Pratap Vihar 175 475
5 Shahpur Bamheta 164 537
6 Pandav Nagar 153 280
7 Nai Basti Dundahera 143 349
8 Vasundhara 130 252
9 Wave City 130 318
10 Rajendra Nagar 108 251

Ransomware & Extortion Trends Create Massive Shift in Cyber Threat Landscape; Suggests Crimeware Report by Arete

India, May 24th, 2024 –– Arete, a global leader in incident response and cyber risk management, released its 2024 Q1 Crimeware Report, highlighting key trends and notable shifts in the cyber threat landscape. The report leverages data collected during Arete’s response to ransomware and extortion attacks and explores the rise and fall of ransomware variants, trends in ransom demands and payments, impacts on critical infrastructure, and what Arete expects to see in Q2.

The report offers analysis and insights on shifts in the threat landscape, including intelligence on ransomware groups with increased activity in Q1 2024. It also explores trends in ransom demands and payments, commonly observed tools and malware used by threat actors, and recommended strategies to reduce risk amidst the latest threats.

Key findings within the report:

  1. • Throughout Q1, law enforcement continued to pressure large Ransomware-as-a-Service (RaaS) groups, significantly disrupting LockBit’s operations. Meanwhile, ALPHV used previous law enforcement actions to abandon its brand in an exit scam.
  2. • With LockBit and ALPHV’s combined activity no longer comprising the majority of ransomware engagements, Arete observed a much broader and more evenly distributed threat landscape, with activity from groups including 8Base, BianLian, Black Basta, Cactus, DragonForce, Hunters International, HsHarada, Medusa, Phobos, Rhysida, and Trigona.
  3. • The median ransom payment increased slightly from Q4 to Q1 but remained about the same as the median payments for all of 2023. The trend of fewer organizations paying ransoms also continued, as a ransom was paid in just 34% of Arete engagements during the quarter.

“As we navigate an evolving cyber threat landscape, Arete is committed to providing actionable insights and effective solutions to protect organizations worldwide,” said Chris Martenson, Arete’s Chief Data Officer. “This report underscores the importance of vigilance and collaboration in the face of ransomware and extortion attacks. With our expertise and innovative approaches, Arete remains ready to lead the charge in cyber risk innovation,” Martenson added.

The Future of Urban Living – The Sustainable Communities of Tomorrow

By – Akash Pharande, Managing Director – Pharande Spaces

Akash Pharande, Managing Director - Pharande Spaces

I travel a lot to understand how different countries address their urban sprawl because we use such insights to design integrated townships here in India. In fact, one result of these travels was our partnering with a globally acclaimed architect who helped us recreate a global residential experience in India.

However, my main takeaway from this globetrotting has been far less positive – the alarming rate at which rampant urbanization is challenging even the most glamorous world cities.

As cities’ populations overflow, traditional urban infrastructure groans and often crumbles under the strain of housing demands. Did you think that overcrowding and declining living standards are the order of the day only in India? Far from it – it is a global phenomenon.

The Global Scenario

In the thronged streets of New York, Tokyo, and Hong Kong – and even in Berlin, Hamburg, and Stockholm – urban sprawl running wild is in evidence everywhere. In India, we have accepted congestion, pollution, and stressed infrastructure, but be aware that very few countries are exempt from them anymore.

Across the world from Asia to Europe to North America, local governments and expert city planners are implementing the only viable solution. You guessed it – integrated townships.

In Singapore and the United Arab Emirates, self-sufficient, self-contained integrated projects have in fact been at the forefront of urban planning for many decades. Singapore, in particular, is famous for master-planned communities such as Punggol and Tampines, which integrate residential, commercial, and recreational facilities to create vibrant and self-sustaining neighborhoods.

-township-

In the UAE, integrated developments like Dubai Marina and Masdar City deliver comprehensive living and working environments for residents. In Europe, Sweden and the Netherlands have embraced the concept of integrated townships to promote sustainable urban development.

Stockholm and Amsterdam have pioneered eco-friendly neighbourhoods that prioritize walking, cycling, and public transportation while incorporating green spaces and mixed-use developments.

In North America, integrated townships have gained traction in response to urban sprawl and the growing trend for more walkable and inclusive communities. Vancouver in Canada and Portland in the United States have implemented policies to encourage mixed-use development and compact urban forms.

This approach has given rise to highly integrated neighborhoods that provide everything their residents will ever need – living spaces, offices to work in, as well as shopping malls and recreational amenities.

Integrated Living – No Alternatives

If this sounds like a marketing prospectus for a modern integrated township in India, it’s because while we certainly haven’t pioneered the concept, we have certainly caught on to it big time. And for good reasons.

A report by international property consultants JLL India entitled ‘Livability quotient – a paradigm shift in India’s emerging cities’ puts it very aptly – “A balanced lifestyle contributes highly to the livability quotient of a city or township,” it states. “Amenities for leisure and recreation such as sports facilities, gymnasiums, clubhouses, malls and shopping streets are considered lifestyle amenities and are much appreciated by users.”

“Townships managed by private developers have an advantage over cities managed by local governments. The high level of interaction that happens between a township developer and customers naturally enables a focused delivery of services.”

I guess there’s no better way of putting it. As our larger cities draw more and more inward migration because of their employment prospects, we certainly need better solutions to house everyone. India’s growing upper-level middle class expects to find housing that multi-tasks and delivers on their lifestyle preferences.

What better solution for this than integrated mixed-use developments where they can seamlessly transition between living, working, and leisure activities without enduring long commutes?

As the successful eco-cities of Scandinavia and the master-planned communities of Singapore and the UAE demonstrate, integrated townships are a concept whose time has come – and is, in fact, by now an imperative in India.

intergrated township

A Long Way to Go

As Anarock Property Consultants put it, the growing demand for integrated townships in India has risen even more in the wake of changing housing preferences post-pandemic. However, despite the increased interest, integrated townships still represent only a fraction of the total housing supply in India. Since 2010, only about 2% of all housing projects in the top seven cities fell in this category,

Clearly, we are missing something important here.

India is a nation at a crossroads in its urbanization journey. Rapid population growth, rural-urban migration, and fragmented urban planning have spawned a host of challenges, from sprawling urban sprawl to choked traffic arteries and polluted air. The need for holistic urban planning has never been more pressing.

Integrated townships offer hope amidst this urban chaos. With the government’s ambitious plans to create smart cities and revitalize urban infrastructure in a country where land scarcity, fragmented development, and outdated infrastructure are the norm, there is quite simply no other solution.

Without integrated townships, the status quo in India is frankly unsustainable. With every passing year, our trajectory of urbanization is spiraling further out of control – with far-reaching consequences on our society, our environment, and our economy.

Beyond just bricks and mortar, integrated townships also serve as catalysts for economic growth and building strong, wholesome and supportive communities. They provide local employment opportunities, reduce dependence on city centers, offer higher returns on investment, and provide a holistic solution to the many challenges we face in our cities.

About the Author:

Akash Pharande is Managing Director – Pharande Spaces, a leading real estate construction and development firm famous for its township projects in West Pune and beyond. Pharande Promoters & Builders, the flagship company of Pharande Spaces and an ISO 9001-2000 certified company, is a pioneer of townships in West Pune. With the recent integration of Puneville Commercial into one of its most iconic townships, Pharande Spaces taken a major step towards addressing Pune’s current and future requirements for fully integrated residential-commercial convenience.

Dark Data Steps Into the Infrastructure Spotlight

Sensors are everywhere – turning off highway lights when roads are empty, monitoring the health of bridges, and monitoring the intricate dance of telecommunications networks and electrical grids. Every flicker of these sensors is a byte of data, meticulously logged and stored. With the costs of data storage plummeting over the past decade, we’re talking about an avalanche worth of data digitally warehoused.

Much of this data has been resting in the dark, unanalyzed and unseen. This is what experts call dark data. And now, as AI steps into the infrastructure arena, this dormant data is about to step into the spotlight.

“Indeed, there appears to be an enormous amount of data collected on infrastructure operations that could be better used to improve their effectiveness,” said IEEE Life Senior Member Raul Colcher.

AI thrives on data – the more, the better. And when it comes to training sophisticated AI models, this dark data, collected over years from myriad sensors and systems, may be extremely valuable.

So, what’s the big deal about bringing this dark data to light? For starters, it’s a game-changer for infrastructure operations. With AI algorithms churning through mountains of previously unused data, we can expect leaps in efficiency and new ways to design and use our infrastructure for a future where data moves more frequently than people.

BYTES BUILD BETTER

Much of the time, dark data isn’t used because it isn’t properly tagged, and is therefore difficult to analyze. Some research suggests that the machine learning algorithms that allocate resources within mobile phone networks could be greatly improved with the use of dark data. In another case, data scientists at an oil and gas plant were able to use dark data to improve a digital model of the plant without disrupting operations.

WHERE WILL THE IMPACT BE FELT THE MOST?

The benefits of analyzing and modeling this data are vast and varied. From planning to operations, maintenance, and beyond, every facet of infrastructure could see a transformation. Picture more accurate models, better automation, and a deeper understanding of how our systems truly work.

CHALLENGES ON THE HORIZON

But, it’s not all smooth sailing. Dark data, while abundant, isn’t always clean or error-free. Questions of bias, data provenance, and security loom large. How we address these challenges will be crucial in unlocking the full potential of AI in infrastructure.

“The surge in data quantity doesn’t guarantee better results,” said IEEE Member Qi Qi Wang. “Filtering out disruptive or poor-quality data presents a substantial challenge.”

Learn more: 2023 was a landmark year in AI, as broad swaths of the public became more aware of AI thanks to the power of generative AI tools. IEEE Spectrum covered developments in-depth. Check out their run-down of the top AI stories in 2023.