Ace Group launches exclusive Luxury Line residences with innovative festive scheme for Ace Divino

In view of the upcoming festive season, Ace Group is all geared up to garner more and more discerning customers for Ace Divino, a premium residential project located in Sector-1, Greater Noida West, Delhi-NCR. The Group has come out with a very attractive scheme for Ace Divino Luxury Line – Exclusive for Exclusives which includes extraordinary opportunity for the chosen few to own stunning Penthouses, Garden Floors and 4 Bedroom Apartments at Ace Divino with basic price starting from Rs 46 lakh to Rs 1.81crore. 

Adding a refreshing touch to the festive spirits of its valued customers, Ace Group has launched a unique festive offering with a special No EMI till Offer of Possession (10:90) payment plan for the prospective homebuyers of this project. It has unveiled its luxury line of homes at a time when interest rates are reduced and prices are stable, thus making it an apt time for real estate investment.

Mr. Ajay Chaudhary, Chairman and Managing Director, Ace Group said, “With an aim to add yet another reason to cheer in the festive season, we have unveiled our exclusive Luxury Line at Ace Divino, which provides never before experienced levels of luxury living. During the most auspicious period of celebrations such an enticing offering will surely bring joy and happiness in the lives of our valued customers. We are confident that the prospective homebuyers will make the most of this exciting opportunity. ” 

He added that Greater Noida West has already emerged as one of the most excellent residential locations with the recent approval of building five metro stations on Greater Noida West extension corridor of Aqua Line. “A significant development, it will further improve the fast-track connectivity of this world-class location with not only the national capital but Gurugram and Faridabad as well, making it the most sought after residential heaven,” he said.  

Apart from the exclusive Luxury Line (Penthouses, Garden Floors and 4 bedroom apartments), Ace Divino also offers 2/3 BHK spacious apartments of floor district starting from 995 Sq.ft. to 1565 Sq.ft. Settled amidst abundance of greenery, Ace Divino provides exclusive features and modern amenities such as a swimming pool with a different pool for kids, Yoga and Meditation Hall, Gymnasium, Health club and Spa, among others. 

The apartments at Ace Divino are built keeping in mind Vaastu to spread positive vibes all around and one of the major highlights of the project is the classic concept of Zen Garden in the middle of the towers that connect the towers of the project with each other. Soothing to the senses, this hanging piece of greens will also provide an excellent rejuvenation deck besides offering a great view of the skyline. With an unmatched blend of modesty and elegance in aesthetically beautiful apartments, Ace Divino is located in close proximity to world-class shopping malls, educational institutions, hospitals and entertainment centres.

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).

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.

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.

Ascott expands footprint in Gurugram with 90 unit Citadines Paras Square Gurugram

CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), announced that it has secured a contract to manage its first Citadines-branded serviced residence in Gurugram, Haryana. The contract was awarded by Gurugram-headquartered Paras Buildtech, a subsidiary of Paras Group. The 90-unit Citadines Paras Square Gurugram is expected to open in Q2 2020. Ascott currently operates two serviced residences in Chennai and one in Navi Mumbai.

IMG_0039

Citadines Paras Square Gurugram is located within Paras Square, a mixed-use development comprising over 100,000 square feet of retail space and the serviced residence tower. Citadines Paras Square Gurugram is strategically located off Golf Course Extension Road in Sector 63A, amidst the IT Special Economic Zone (SEZ) and premium residential projects. Delhi’s Indira Gandhi International Airport is only 40 minutes away, offering easy connectivity to business travellers coming to Gurugram. Citadines Paras Square Gurugram will comprise 90 spacious and modern studio, one-bedroom and two-bedroom units ranging from 45 Sqm to 65 Sqm in size. Residents will enjoy business, entertainment and recreational facilities along with Ascott’s world-renowned service excellence.

Mr. B.V. Bharadwaja, Ascott’s Country Head – India, said: “Gurugram is a significant IT-ITeS cluster and is considered as the business process management (BPM) capital of the world, employing 5% of the global BPM workforce [1]. In 2018, the hospitality industry in Gurugram also witnessed an increase across all three parametres – average daily rate (ADR), occupancy percentage and revenue per available room (REVPAR) [2], proving that there is an increasing demand for quality accommodation here. With the signing of Citadines Paras Square Gurugram, we will have two of our distinct serviced residence brands within 2 KM of each other, catering to both luxury and upscale segments.”

Mr Aman Nagar, Director, Paras Buildtech, said: “We are proud to be partnering with The Ascott Limited for the management of our second hospitality project. Ascott’s knowledge of the lodging market and its global reputation is consistent with our endeavor to develop quality, upscale projects that cater to global citizens.”

Maharashtra Government signs MoU with IIFL Home Finance Ltd.

IIFL Home Finance Ltd. (IIFL HFL), India’s leading housing finance company on Wednesday signed a Memorandum of Understanding (MoU) with the State Government of Maharashtra. This MoUfocuses on extending the benefits of Credit Linked Subsidy Schemes (CLSS) under PMAY across state of Maharashtra to home buyers belonging to affordable housing segment.

Pic-IIFL Signs MoU with Maha Govt

The MoU was signed in the presence of Sanjay Kumar (Addn. Chief Secretary, Housing Deptt, Govt. of Maharashtra), Hemkumar Gopalakrishnan (Regional Manager, NHB), Monu Ratra(CEO,IIFL HFL), Ajay Jaiswal (IIFL HFL) and Sundeep Bhatia (IIFL HFL).Through this MoU, Housing Department of Government of Maharashtra will make provisions and facilitate permissions for IIFL HFL to educate customers and enlighten them about the benefits of PMAY. Under the agreed terms and conditions, IIFL HFL will be able to conduct on the spot counseling for home buyers visiting its branches, give presentations to defined audiences and proactively call potential customers tofacilitate home loans helping them avail CLSS subsidy benefits.

Monu Ratra, CEO, IIFL Home Finance Ltd. said “We are committed to support Hon’ble Prime Minister’s vision of ‘Housing for All by 2022’. We thank the Government of Maharashtra for giving us this opportunity to educate and enable customers in availing CLSS subsidy under PMAY. Witha network of over 10 HFC and over 150 NBFC branches located across the state, this MoU with the Government would allow us to facilitate benefits of Pradhan Mantri Awas Yojana among the affordable housing segment of home buyers”

IIFL HFL has been one of the leaders in CLSS scheme working towards financial inclusion with customized product such as ‘Swaraj Home Loan’. For its continued support in helping beneficiary families avail benefits of CLSS Subsidy under PMAY, IIFL HFL has twice received the award for ‘Best Performing PLI under Credit Linked Subsidy Scheme for EWS/LIG under Pradhan Mantri Awas Yojana’ from Ministry of Housing and Urban Affairs.

The company was recently in news for touching 23,500+ beneficiary family mark in CLSS subsidy distribution under PMAY. In the state of Maharashtra alone, IIFL HFL has approved home loans of Rs. 1000+ crore under PMAY (Urban) CLSS scheme. Till date the company has supported more than 6800 beneficiary families in the State to avail CLSS subsidy amounting more than Rs. 160 crores under PMAY.

Across India, till the month ended January 31, 2019, IIFL HFL has approved home loans of up to Rs. 3300+ crores under PMAY (Urban) CLSS scheme to beneficiary families belonging to EWS/LIG/MIG category. More than 23500+ beneficiaries have been benefited by the subsidy scheme providing Rs. 535+ crores as subsidy under PMAY. 

The average ticket size for loan amount disbursed to customers under this scheme is Rs. 14 lacs in case of EWS/LIG. IIFL HFL has made exceptional growth in terms of beneficiary numbers and CLSS subsidy disbursement under PMAY-Urban. Since the launch of the scheme in 2015, CLSS beneficiary numbers of IIFL HFL have grown from 65 in FY 2015-16 to 23,500+ till Jan ’31, 2019. 

दुबई में आयोजित हुआ मेगा इंडिया-यूएई बिजनेस शिखर सम्मेलन

अग्रणी रियल एस्टेट डेवलपर के डब्ल्यू ग्रुप द्वारा आयोजित इस शिखर सम्मेलन में विद्वान पैनलिस्टों ने की शिरकत। इस भव्य समारोह में श्री पंकज कुमार जैन, एमडी, के डब्ल्यू ग्रुप ने उद्योग जगत में उत्कृष्ट योगदान के लिए भारत और संयुक्त अरब अमीरात (यूएई) के जाने-माने उद्योगपतियों को सम्मानित किया। 

India-UAE 1-business summit held in Dubai-Pic

28 सितंबर 2018: अग्रणी रियल एस्टेट डेवलपर केडब्ल्यू ग्रुप ने दुबई में होटल अटलांटिस में एक मेगा इंडिया-यूएई बिजनेस शिखर सम्मेलन का आयोजन किया।  इस भव्य समारोह में श्री पंकज कुमार जैन, एमडी, के डब्ल्यू ग्रुप ने उद्योग जगत में उत्कृष्ट योगदान के लिए भारत और संयुक्त अरब अमीरात (यूएई) के जाने-माने उद्योगपतियों को सम्मानित किया। कार्यक्रम में अपने विचार व्यक्त करते हुए, श्री जैन ने कहा, “यह हमारे लिए एक गर्व का क्षण है और मैं इस आयोजन को सफल बनाने के लिए के डब्ल्यू ग्रुप की पूरी टीम को दिल से धन्यवाद देता हूं।”

India- UAE business Summit-Dubai pic

इस अवसर पर मौजूद गणमान्य व्यक्तियों में उत्तराखंड के पूर्व मुख्यमंत्री डा. रमेश पोखरियाल, श्री के.सी. त्यागी, मुख्य महासचिव  और राष्ट्रीय प्रवक्ता, जेडीयू, महामहिम सुहेल मोहम्मद अल जरुनी और महामहिम शेख तहनून बिन सईद बिन तहुनून अल नाह्यान शामिल थे। साथ ही इस मौके पर फिल्म जगत से अभिनेता राजपाल यादव एवं अभिनेता गजेंद्र सिंह चौहान उपस्थित रहे। के डब्ल्यू ग्रुप द्वारा आयोजित इस शिखर सम्मेलन में विद्वान पैनलिस्टों ने भी शिरकत की जिसमें प्रखर वक्ता सचिन गुलाटी, सिनियर वाईस प्रेसिडेंट एंड हेड- वैल्युएशन्स (इंडिया), स्ट्रेटेजिक कंसल्टिंग ग्रुप, जेएलएल (इंडिया) प्राईवेट लिमिटेड, करण शर्मा, मैनेजर, स्ट्रेटेजिक कंसल्टिंग, जेएलएल (इंडिया) प्राईवेट लिमिटेड, सीएंडडब्ल्यू से बादल यागनिक, मैनेजिंग डायरेक्टर- लीजिंग इंडिया, अर्चित कुमार सूद, एमआरआईसीएस, एमटीपीआई- पार्टिसिपेंट, अभिमन्यू गोयल, पार्टिसिपेंट एवं गगन रणदेव (नेशनल डायरेक्टर), कोलियर्स इंटर्नेशनल शामिल थे।