Ace Group resumes construction in its Noida, Greater Noida projects

Realty major Ace Group has announced to have resumed construction work in its projects ‘Ace Parkway’, Noida and ‘Ace Divino’, Greater Noida West after getting ‘In Situ permission’ from respective authorities. The developer is following all the protocols and necessary precautions related to COVID-19 at its construction sites to protect the health and safety of the labourers.

Ace Divino_Project Pic

Ace Group has resumed construction work with limited manpower and it has ensured measures to maintain strict social distancing norms and other safeguards like proper sanitisation, hygiene best practices at its construction sites. While the Ace Group is regularly sanitising its projects sites, it has also provided labourers with masks, gloves, sanitisers and soaps for washing hands frequently. The developer has also arranged for meals to be provided to the labourers twice a day. Ace Group is also carrying out their routine health check-ups, besides mandatory thermal scanning of everyone entering the construction sites.

Mr. Ajay Chaudhary, CMD, Ace Group said, “Despite facing some supply side hindrances of the construction materials due to the ongoing lockdown we have resumed construction at our projects sites with simultaneously ensuring the safety and well-being of our construction workers as our top priority. We are also creating awareness among them regarding social distancing and hygiene best practices to curb the spread of COVID-19. As a socially responsible firm, we also understand that we have the responsibility to support our communities especially those who are vulnerable hence we have also arranged for their meals, shelter and healthcare at our project sites. ”

Nestled in the lap of luxury at Sector-150, Noida, Ace Parkway encompasses spacious two, three and four BHK apartments. It’s a classic living destination for luxurious, ingenious and most importantly peaceful living with abundance of facilities and amenities. ‘Ace Divino’ located at Sector-1, Greater Noida West is the other most sought after residential project of Ace Group, which offers aesthetically beautiful apartments of two and three BHK. The premium apartments at Ace Divino imbibe all the modern amenities to provide Futuristic Living with in-campus shopping, Zen Garden and a host of World-Class features.

APL Apollo unveils ‘Apollo Fencing Solution’ that blends protection with aesthetics

APL Apollo Tubes Limited (APL Apollo), one of the leading branded structural steel tubes manufacturers, has launched ‘Apollo Fencing Solution’, an unrivaled innovation that gives the much-desired safety fencing to any property, besides adding unmatched beauty and elegance to it. Comprising an array of uniquely designed H-Shaped Fence Post called ‘Apollo Fence’, this low-cost, durable, and exciting product range can be used to replace even the concrete boundary wall.

‘Apollo Fence’ tubes can also be used to support various types of wire or wire mesh. Hence, looking at its broad spectrum of uses and their cost competitiveness, ‘Apollo Fencing Solution’ has apparently given all its counterparts a good run for their money. The product is formed by merging the H-Shaped Apollo Fence tubes on both ends with an Apollo Plank placed between them. Apollo Plank itself being another new age steel product,  makes the ‘Apollo Fencing Solution’ an amalgamation of two of the strongest products of APL Apollo.

Announcing the launch of ‘Apollo Fencing Solution’, Mr. Sanjay Gupta, CMD, APL Apollo said, “Apollo Fencing Solution gives you the most superior safety fencing and adds unmatched beauty to your property and above all it’s born out of the blending of our two strongest products.  In sync with our vision of providing quality and innovative products to our customers, the Apollo Fencing Solution offers several benefits in terms of value for money and lower maintenance.”

The new age solution for a wide range of usages, “Apollo Fencing Solution”  reflects inner stregnth of APL Apollo in true sense. It is an excellent perimeter protection solution for gardens, houses or for any other properties.

Available in a wide range of choice, “Apollo Fencing Solution” is offered at incredibly low price of Rs 129/sqft only in comparision to a brick wall (which costs Rs 191/sqft), or a RCC precast wall (which costs Rs 178/sqft).

Ramagya Foundation pledges to not leave anyone hungry during COVID-19

In one of the biggest relief operations amid COVID- 19 lockdown, Ramagya Foundation has dedicated itself to feeding more than 10 lakh poor and homeless people in Noida. Ramagya Foundation has already distributed food packets among 2 lakh people in the last more than two months of the continuing lockdown.

Ramagya Foundation initially started this initiative along the construction sites in sector 77-78 and later extended it to other nearby localities.  Along with the food packets, the volunteers of Ramagya Foundation are also distributing masks, sanitizers and soaps among the daily wagers, labourers and other needy people, besides running a campaign to educate them about adopting the necessary hygiene habits to stop the spread of infection. Ramagya Foundation has also launched a donation web portal: https://ramagyafoundation.org/covid19/ through which anyone can contribute one’s bit to support this noble initiative.

Dr. Sanjay Gupta, Chairman, Ramagya Group said, “The prolonged lockdown due to COVID-19 pandemic has thrown the lives of millions of people in disarray. As a responsible organisation, we aim to ensure that no person should sleep with an empty stomach at this unprecedented time. We look forward to serving food to more than 10 lakh people in the entire period of the lockdown, and this is just a small step in our efforts towards bringing smile on the faces of these helpless people.”

Recently, Ramagya Foundation, under the aegis of “Purusharth Charitable Society”, had launched an inspiring CSR initiative ‘Happy Fridge’ aimed at providing sumptuous food to homeless and needy people. In the progressive path of society development Ramagya Foundation is contributing through several attractive programs,  including  UMEED,  UNNATI,  SANGANAK,  ARADHYA,  URJA  and PANKH focusing on four  core  areas  including  Education,  Skilling,  Physical  and  Mental Health of underprivileged children. 

Giving back to the society is the primary motive of Ramagya Foundation which aims to contribute towards creating educated and developed society by unleashing talent and sculpting each individual soul by imparting values. More than 1,05,000 lives have been impacted through these programs. Ramagya Foundation also runs another most commendable initiative called  ‘NISHABD’  that seeks to sensitize the society towards dogs and  provide  loving,  caring  and  responsible shelter for them. NISHABD has been instrumental in the rescue and rehabilitation of the street dogs that have been starved to emaciation, beaten, confined   in their own waste, shot, or struck by cars.

Halonix aims to hit Rs 1000 crore in turnover by FY 2023

Halonix Technologies Pvt Ltd (Halonix), India’s fastest growing residential and institutional lighting company, has reported a 22% of Compound Annual Growth Rate(CAGR) markedly higher than the industry growth rate in single digits CAGR. The company is also expecting to close its books at around INR 520 crores turnover vis a vis INR 423 crores in 2018-19 and and INR 352 Crores in FY 2017-18.

Halonix has closed its H1 in FY 19-20 at Rs 234 crores vs Rs 178 Cr in H1 FY 2018-19, a growth of 32% which highlights the momentum at which the company is growing. The growth for the Halonix retail business, which has shown a year on year growth of 26%, has been buoyed by the wide range of innovative products it has launched under the sub-brand “Halonix Prime” and through deeper market penetration. After cementing its leadership in the ‘Inverter Light’ and ‘Motion Sensor Light’ segments, Halonix has recently launched its category redefining ‘All-Rounder series’ that has 3 wattages in one bulb and the ‘Speaker Bulb’ that allows you to play clear powerful music through the bulb without having to sign in through any app. Halonix Prime today contributes to about 30% of the retail revenues.

The institutional business at Halonix has grown at CAGR of 35% from 2014- 2019 and has deployed lighting solutions at over 15 airports, Tumkur Smart City, many railway stations, has deployed street lighting for many municipal corporations and has been the preferred lighting solutions partner for many leading public sector and private sector companies including some of the biggest corporate names in India.

Mr Rakesh Zutshi, Managing Director, Halonix Technologies Pvt Ltd says, “Our focus on quality, indigenous manufacturing, a steady stream of Innovative, value-defining new products developed in-house, expansion in distribution and streamlining of our sales and supply chain processes have contributed to Halonix delivering growth and profitability far above the industry average. Our foray into fans and smart-home solutions, as well as our sustained growth in lighting, should see us accelerating towards our goal of being an INR 1000 crore company by FY- 23.”

APL Apollo unveils Apollo Signature for stylish structures

APL Apollo Tubes Limited (APL Apollo), India’s leading branded steel pipes manufacturer, has unveiled “Apollo Signature”, a wide range of designer pipes that give an edge to the look and feel of your abode. The designer galvanized pipes are an upgrade to the conventional steel pipes by virtue of engraved designs on them. To cope up with the fast-growing demand in the interior design industry, APL Apollo has launched an attractive collection of designer pipes. The products are also aesthetically superior as they impart great elegance to the structures. Apollo Signature pipes can be used in Rooftops, Furniture, Pillars and Interior Designs.

Apollo Signature pipes also prove to be a better option as they are highly resistant to corrosion and rust because of their galvanized layer. The product is known for its durability and strength while the pure and thicker zinc coating makes it of supreme quality.  Moreover, these pipes require low maintenance once installed, thus relieving the residents of all the worries. The products are also eco-friendly as they are made of steel and not wood, which greatly reduces the need for felling trees.Being environment-friendly, they are a better substitute and resonate the company’s motto “Steel for Green”.

Announcing the launch of “Apollo Signature”, Mr. Sanjay Gupta, CMD, APL Apollo said, “Apollo Signature is our most talked-about product series known for its durability, strength as well as aesthetics which makes it highly popular among connoisseurs of quality. We are also contributing our bit to the environment by replacing wood with designer steel that is a far more superior product. Apollo Signature will redefine the conventional steel design to make your structures look more premium and classy.”

Features and benefits of Apollo Signature:

Durability and Strength – Apollo Signature pipes have 400 YST, which makes them the most superior product in the market.

Corrosion Resistance – Thanks to 150 GSM zinc coating, these pipes are corrosion-resistant and elegant.

Superior Design for Superior Strength – Along with attractive and premium surface “Apollo Signature” also boasts of unmatched strength and longevity. As a substitute for wood, Apollo Signature outperforms it with extraordinary quality and aesthetics.

Aesthetics That Are Pleasing to The Eyes – Welding in the corners gives a smooth and even finish to Apollo Signature pipes, and ensures that the welding does not take away from the aesthetics of the product.

Stunning Design Patterns On Every Pipe: The exquisite designs on Apollo Signature pipes not only beautify them but also add to their strength and sturdiness.

Zero Maintenance: Not only the design but steel itself has its own benefits – it requires zero maintenance after installation.

Offered at a competitive price, “Apollo Signature” pipes are available in a wide range of choices.

APL Apollo launches India’s first closed steel door and window frames“Apollo Chaukhat”

APL Apollo Tubes Limited (APL Apollo), one of the leading branded steel tubes manufacturers, has unveiled India’s first closed steel door and window frames “Apollo Chaukhat”,  based on futuristic Italian technology. Emerging as a perfect choice for doors and windows, “Apollo Chaukhat” is a class apart in its segment. It is synonymous with strength, durability and world-class quality.  

Apollo Chaukhat

For the consumers who have been traditionally using wooden frames for doors and windows, “Apollo Chaukhat” is loaded  with inherent advantages. It is termite-proof and fire-resistant whereas even expensive wooden frames remain prone to termites and are inflammable. “Apollo Chaukhat”, made of high-quality steel, is easy to fit, and recyclable. The product also shields the house from dust and bugs. It can also be easily customized according to the consumers’ requirements.

Another reason to choose “Apollo Chaukhat” is its quick installation process which involves effortless ease. While installation of wooden frames is like accomplishing a challenging task with concrete and cement,“Apollo Chaukhat”, on the other hand, can be fitted instantly even post-construction, in just a few simple steps, like any modern PLUG & PLAY.

Announcing the launch of “Apollo Chaukhat”, Mr. Sanjay Gupta, CMD, APL Apollo said, “Apollo Chaukhat is our ground-breaking creation, in sync with our vision of providing quality and innovative products to our customers. This new product segment is eco-friendly in nature and provides several benefits in terms of value for money and lower maintenance. Hence, we are very upbeat on creating and capturing a strong demand for Apollo Chaukhat in domestic as well as in export markets.”

Apollo Chaukhat product series includes a wide range of Door and Window Frames for the discerning customers to choose from. Apollo Chaukhat has a longer lifespan than traditional doors and window frames. These cost-effective, trendy and elegant door and window frames are made using world-class Direct Forming Technology (DFT) introduced in India by APL Apollo, which is the first company in India to be recognized by BMTPC (Building Material and Technology Promotion Council), an autonomous body under the Union Ministry of Housing and Urban Affairs (MoHUA), GOI.

Offered at a competitive price, “Apollo Chaukhat” Door and Window Frames are available in a wide range of choices.

Assotech Realty attracts eyeballs at mega realty conclave held in Noida

Leading real estate developer Assotech Realty Pvt Limited made its presence felt at an intensely engaging real estate knowledge sharing session organised at Noida. The real estate entity keenly participated in the event and articulated its views on the conclave theme ‘Commercial Real Estate, Affordable Housing and Luxury Housing – The Changing Dynamics’. Discerning participants and spectators at the event immensely gained from the perspective contributed by Assotech Realty to the pertinent issues confronting the real estate sector in India.

UP RERA Chairman Mr Rajive Kumar was the Chief Guest at the event attended by prominent developers, IPCs and DPCs from across the country in large numbers. Industry captain Mr Neeraj Gulati, MD, Assotech Realty while participating in the knowledge sharing session took a holistic view of the prevailing issues in real estate sector and suggested ways to pull the industry out of the long-prevailing slump.

Speaking on the occasion, Mr Neeraj Gulati, MD, Assotech Realty said, “Real Estate markets across the country have already started showing steady signs of revival leading to widespread optimism. Still due to the economic slowdown and long-prevailing slump the investors are shying away from investing in real estate. However, such a scenario has turned out to be a blessing in disguise for the end-users. They are conveniently being able to grab their choicest properties in the affordable luxury segment as the prices have almost bottomed out.” 

Mr Salil Kumar, Director, Assotech Realty added, “While the government has already come out to support the homebuyers in terms of offering more credit support for the purchase of homes, the consumption in real estate sector is set to rise. We are confident there will be a sure shot revival in demand in the coming months and the real estate sector will soon bounce back on a high growth trajectory. The only point of concern is that high borrowing cost has continued to pinch both the homebuyers as well as the developers.” 

Apart from the industry leaders, the event christened as R&M podium also witnessed thought leaders, industry stakeholders, besides keen viewers from all the segments of the industry.

Ramagya Foundation launches innovative CSR initiatives ‘Donation Locker’ and ‘Happy Fridge’

Continuing with its ceaseless commitment of giving back, Ramagya Foundation has launched inspiring new CSR initiatives ‘Donation Locker’ and ‘Happy Fridge’. Worthy of praise and imitation both these initiatives have been gaining momentum over the past few weeks with winters just around the corner. Under the aegis of “Purusharth Charitable Society,” Ramagya Foundation has launched these initiatives to help the poor, needy and homeless people braving the chill of the night. Ramagya Foundation has also launched a new web portal https://ramagyafoundation.org/donation/ through which anyone can contribute one’s bit to these philanthropic moves.

 

Ramagya Foundation has initiated ‘Donation locker’ to promote the habit of giving some necessities to the ones in need. Ramagya’s Donation Locker has been installed at various locations in NCR where Books, Clothes, Footwear,  Toys or any other wishful items can be donated with assurance that the collected proffers will be used judiciously.

‘Happy Fridge’ is another unique CSR campaign by Ramagya Foundation which highlights the most relevant message, “A nation could eat off the food we waste.” Launched in association with  Feeding  India,  Happy  Fridge campaign by  Ramagya  Foundation calls for donating the excess food items in ‘Happy Fridge located at three different locations in Noida. The collected food is being alternatively offered to the needy and helpless.

Dr. Sanjay Gupta, Chairman, Ramagya Group said, Ramagya Foundation has launched both these campaigns to help the homeless people and moving labourers who remain in dire need of food, clothing and other necessary items even to sustain their lives.  While Donation Locker is aimed at providing them with the much-needed care and support through clothes and other necessary items, Happy Fridge is aimed at offering them sumptuous food with dignity. We aim to bring this initiative at PAN India so that neither any human sleeps empty stomach nor any food is wasted

In the progressive path of society development, Ramagya Foundation is contributing through several attractive programs,  including  UMEED,  UNNATI,  SANGANAK,  ARADHYA,  URJA  and PANKH focusing on four core areas including  Education,  Skilling,  Physical and  Mental Health of underprivileged children. Giving back to the society is the primary motive of Ramagya Foundation which aims to contribute towards creating educated and developed society by unleashing talent and sculpting each individual soul by imparting values. More than 1,05,000 lives have been impacted by these programs.

Government initiatives to spike demand across affordable realty hubs of NCR

The recent relief measures to help revive the real estate sector, have gained significant attention of the stakeholders resulting in improved sentiments across the affordable housing hubs of NCR. Just after the finance minister announced the creation of an alternative investment fund for the completion of stalled housing projects, locations like Raj Nagar Extension, Greater Noida West and Yamuna Expressway are witnessing a sudden upsurge in demand. Already the fast-emerging REIT opportunities have made the retail and commercial properties at all these realty hotspots the most compelling value proposition for the investors. 

Especially the high street shopping destination KW Delhi-6, located at Raj Nagar Extension is witnessing significant upsurge in selling of shops after all these positive announcements, so much so, the most lucrative blend of modern retail, street shopping and food zone just like Delhi-6 market, the incredible project KW Delhi-6 has become cynosure of all eyes.

Pankaj Kumar Jain_Managing Director_KW Group“It is due to the recent reform push coupled with major initiatives to boost the infrastructure, the well-known residential hotspot Raj Nagar Extension in Ghaziabad has emerged as a Mecca for the seekers of commercial properties as well. While the investor-friendly policies introduced by the government have augmented the demand in the commercial and retail segment, increasing transparency has further improved the market sentiments in Raj Nagar Extension,” said Mr Pankaj Kumar Jain, Managing Director, KW Group.

While giving his views of on the recent announcement of setting up of alternative investment fund, Mr Jain added,  “The recent alternative investment fund has come as a much-needed relief for the stressed real estate projects across the country and the move comes as corrective measure to the earlier announced AIF, since it covers NCLT projects and the projects which are categorised as NPAs as well, whereas the earlier real estate booster announced by the government did not include such projects.”   

Mr. Som Mandal, Managing Partner, Fox MandalMr Som Mandal, Managing Partner, Fox Mandal said, “For the beleaguered realty sector battling muted demand and severe cash crunch scenario the present REIT opportunity has emerged as a silver lining.  However, REIT will provide only limited relief and the government must go ahead and streamline provision for stress funds as well as easier financing on cheaper lending rates for the builders to meet the demand for last-mile funding to deal with stalled projects.”

The alternate investment fund is being touted as a booster for real estate and it is expected to revive more than 1600 stalled housing projects encompassing over 5 lakh units. The announcement of this much-awaited relief package is expected to considerably revive the market sentiments and bring the beleaguered real estate sector back on the high growth trajectory. The fund can be utilised even by the projects facing insolvency proceedings or which have been declared.

IIFL Home Finance Ltd. concluded it’s fifth instalment of KUTUMB

Continuing with its ongoing mission of encouraging and facilitating the Green Affordable Housing in India, IIFL Home Finance Ltd (IIFL HFL) organized the 5thChapter of KUTUMB – An Initiative Towards Green Affordable Housing at Hyderabad on December 12, 2019. The theme for this chapter of Kutumb was Sustainable Today, Begins Tomorrow.

In the event held at N Convention, Madhapur, IIFL Home Finance succeeded to educate over 100 developers and about over 150 total participants about the benefits associated with green construction in the affordable housing segment in India. The panel of speakers included V Suresh (Chairman, IGBC), Ashok B Lall (Principal, Ashok B Lall Architects), Neha Kumar (India Programme Manager – Climate Bonds Initiative), Mr Chaitanya Rayapudi (Chairman & MD), Supra Builders and Monu Ratra (CEO & ED, IIFL Home Finance Ltd.).

The event started with a digital plantation of over 150 trees, which resonates with the theme ‘Sustainable Tomorrow, Begins Today!’. Speaking at the event, Monu Ratra said “Affordable Housing means how you are going to be able to give reach of finance to people, technology & innovation is our answer. Our Jhatpat Home Loan, a tablet-based model, helps deliver this in under 1 hr. We have identified 10 of the 17 Sustainable Development Goals, as defined by the United Nations, and are working for & towards them. Everyone must identify these goals for their organization”. 

This was followed by sessions from leading industry experts sharing their views on green and sustainable living techniques. Ashok B Lall, a pioneer in sustainable architecture, says, “In a four-storey building if you plant solar energy on the rooftop, it is sufficient to meet the energy demand for the entire building. Middle-level developer in a growing city is the biggest housing provider and their role is most significant. They make homes in bulk. We can do the ultimate good of green living because there is an opportunity of collective green. ”

This was followed by Mr V Suresh speaking on the subject, stating “we have enabled 700 crores Sq ft of green building. By 75th independence year of India, we will have enabled 100 crores Sq ft green building.”.

Ms Neha Kumar spoke about various elements responsible for such immense climate change globally. She addressed the audience and said, “Climate change is not just an environmental problem but an economic problem too.”

The event concluded with a live discussion with Founder & MD of Supra Developers, Mr Chaitanya who said “At Supra, our concept of living is ‘Uninterrupted Lifestyle.’ Thus, all our projects offer off-grid solutions to the end-consumer. We don’t do regular projects, we only do green buildings. We don’t do conventional projects at all. We have started doing solar-powered projects.”

IIFL HFL presented itself as a ‘Green Value Partner’, partnering with the developers from Conception to Certification of the Green Building Project. The company has established 8 such certified GVPs so far.