At USD 2.5 Billion, Q2 2024 institutional investment in Indian real estate touches a 3-year high - Colliers

warehousing segment witnessed about half of the total inflows in the first half of 2024. Interestingly, institutional investments in the segment for H1 2024 is almost twice the inflows in the entirety of 2023. With India's Manufacturing Purchasing Managers' (PMI) Index staying close to 60.0 in the last few months, investor confidence in the industrial & warehousing segment is likely to remain strong in throughout 2024. Furthermore, strategic infrastructure projects such as Dedicated Freight Corridors (DFCs) & Bharatmala and robust government policies such as National Logistics Policy, underscore substantial long-term growth opportunities for the industrial & warehousing segment in India,” said Vimal Nadar, Senior Director and Head of Research, Colliers India.

Bengaluru and Delhi NCR together drove about 23% of the quarterly inflows

 

While at 72% share, multi-city deals continued to drive majority of the investment inflows during Q2 2024, Bengaluru and Delhi NCR together corresponded to about 23% of the total inflows during the quarter driven by foreign investments. About 56% of the quarterly inflows in Bengaluru were directed towards residential assets, followed by the office segment. Investments in the office segment were particularly strong in Delhi-NCR. Led by inflows into the office segment, Delhi NCR witnessed about 86% YoY rise in investment inflows during Q2 2024.

 

City wise investment inflows in Q2 2024 –

City	Q2 2023	Q2 2024	Investment share in Q2 2024 (%)	Q2 2024 vs Q2 2023 (%)	H1 2023	H1 2024	Investment share H1 2024 (%)	H1 2024 vs H1 2023 (%)
Bengaluru	-	408.8	16%	-	196.6	612.0	17%	211%
Chennai	85.4	33.1	1%	-61%	85.4	154.1	4%	80%
Delhi NCR	86.7	161.6	7%	86%	467.7	190.8	5%	-59%
Hyderabad	127.3	43.0	2%	-66%	127.4	300.9	9%	136%
Mumbai	348.4	60.6	2%	-83%	389.1	91.3	3%	-77%
Pune	-	4.3	0.2%	-	-	258.3	7%	-
Others/ Multi City	1,458.6	1,817.1	71.8%	25%	2,498.5	1,916.2	55%	-23%
Total	2,106.4	2,528.5	100%	20%	3,764.7	3523.6	100%	-6%

Source: Colliers

 

Select PE deals in Q2 2024 –

Investor	Investee	Deal Value (in USD million)	City	Asset class
ADIA, KKR	Reliance retail ventures Ltd	1,500	Others/Multi-city	Industrial & warehousing
Mapletree	Adarsh Developers	229.0	Bengaluru	Residential
Edelweiss Alternatives managed fund	MMTP Projects	180.0	Bengaluru	Office

Source: Colliers 

Actor Lakshay Khurana from ‘Ishq Jabariya’ Finds Playing Positive Roles 'More Challenging' Than Negative Ones

 

“In negative roles, I have a lot more freedom to explore and express the character” Says Lakshay Khurana from ‘Ishq Jabariya’

 

Sun Network recently launched their Hindi General Entertainment Channel (GEC), Sun Neo. Along with the channel, they introduced several new shows, including 'Ishq Jabariya' featuring talented actors like Kamya Panjabi, Lakshay Khurana and Siddhi Sharma.Playing a positive role for the first time on hindi television, actor Laksh Khurana who is seen essaying the lead role of Aditya spoke about his excitement and challenges he faced while taking on this project. 

While speaking on his take on playing Aditya, Lakshay said, "Playing a negative role is much easier for me than playing a positive one. In negative roles, I have a lot more freedom to explore and express the character. However, when playing a positive role, I have to be much more careful and thoughtful, especially in scenes where I need to show anger. There's always a fear that if I overdo it, the character might come across as negative."

 

He further added, “I find playing a negative character very comfortable. I can simply go on set, read my lines, and perform with ease. It's exciting, and I love it," he explained. "On the other hand, in my current show ‘Ishq Jabariya’, I am playing a positive character, which I sometimes find challenging. The positive role requires more effort and precision from me, but I believe I am doing my best."

"Ishq Jabariya is a touching love story about Gulki, a lively young woman who dreams of becoming an air hostess. Despite facing difficulties with her strict stepmother, Gulki stays positive. Along the way, she encounters unexpected turns, possibly finding love in unexpected places. Starring Kamya Panjabi, Siddhi Sharma, and Lakshya Khurana, this series promises a tale of strength, surprises, and the magic of love."

 

*Tune into Sun Neo to watch Ishq Jabariya, every Monday to Saturday at 7:30 PM.*

मराठी पाऊल पडते पुढे : तमिळींच्या स्वयंपाकगृहात मालवणी खाद्यपदार्थ!

मालवणी मसाल्यातील बटाटे वडे ते ओल्या काजूची उसळ, कुळथाची पिठी ते माश्याच तिखलं, आमटी, भाजलेले मासे, भरलेले पापलेट, कोळंबी भात ते चिकन सागोती, वडे, भाकरी आणि मालवणी जेवणाची भैरवी सोलकढी अशी रेलचेल असलेलं चविष्ट पदार्थ खाऊन ते तृप्त झाले. तमिळी अस्सल खवय्यांचा मिळालेला प्रतिसाद मालवणी खाद्यपदार्थांचा लौकिकार्थाने सन्मान वाढवत असून परराज्यातील खवय्यांना तृप्त करण्याची 'चैतन्य'ला संधी प्राप्त झाली हा अनुभव परकाया प्रवेशासारखा होता असे सुरेखा वाळके सांगतात.

From Singapore to Europe, DPS Indirapuram’s Students Embark on an Enticing Educational Tour

DPS Indirapuram organized two international tours for its students to broaden their cultural and educational perspectives. The two trips covered Singapore, Malaysia, and the iconic sites in Europe. The students immersed themselves in each destination's rich traditions and vibrant atmospheres, from the bustling cities to their architectural marvels.

Students ventured to Singapore and Malaysia from 31st May to 7th June 2024, experiencing seven days of cultural discovery, educational enrichment, and culinary delight. They marvelled at iconic landmarks such as Marina Bay, Little India, and Chinatown in Singapore. Exciting adventures at Sentosa Island, Universal Studios, and the serene Gardens by the Bay left lasting impressions. In Malaysia, the group explored Johor Bahru and Kuala Lumpur, enjoying luxurious stays and visiting notable sites like the Batu Caves and KLCC Tower. Seamless travel and scenic drives enriched their journey. Meanwhile, visits to educational hubs like the NeWater Visitor Centre, URA, Stem Workshop, Batik Painting Session and cultural landmarks added depth to their experience

Another group comprising 19 students and 2 teachers embarked on a 9-day educational tour across Europe from 10th June to 19th June 2024. The trip covered Germany, Austria, Switzerland, and France. The journey included a guided bicycle tour of Munich, a visit to the BMW museum, and an exploration of Innsbruck and the Swarovski Crystal World in Austria. The group also visited a cuckoo clock factory and the Rhine Falls en route to Zurich. The students enjoyed excursions to Mt. Titlis and Lucerne in Switzerland, and the tour concluded in Paris with visits to the Eiffel Tower, a Seine River Cruise, and a day at Disneyland Paris.

Ms. Priya John, Principal of DPS Indirapuram, expressed, “ We are proud to offer such enriching opportunities that leave a lasting impact on our students. The trips were a captivating blend of historical exploration and breathtaking natural scenery, providing an unforgettable taste of each destination’s varied heritage. We look forward to organizing more such educational tours for our students.”

Yatra Online partners with Cipla to offer exclusive domestic travel services

and cruises. With approximately 105,600 hotels and homestays contracted in approximately 1,490 cities across India as well as more than 2 million hotels around the world, the company is India’s largest platform for domestic hotels (Source: CRISIL Report). The company also launched a freight forwarding business in late 2020 called Yatra Freight to further expand its corporate service offerings.

 

 

Somany Ceramics Features at IIID Showcase Insider 2024 at Hyderabad

Insider 2024 has been an incredible opportunity for us to engage with the interior design community in South India. We are focused upon pushing the boundaries of design and innovation. This event not only allows us to display our premium products but also to connect with talented professionals who shape the future of interior spaces.”

 

With the Ceramics giant SOMANY's active participation, the IIID Insider event celebrated the culmination of tradition and modernity, innovation, and craftsmanship in the interior design industry.

 

Collector’s Edition of Vespa 946 Dragon now available in India

thrilling and unpredictable twists for the viewers. I hope to achieve new milestones through this"

Don't miss out on the suspense and excitement in '10:29 Ki Aakhri Dastak,' airing on Star Bharat from Monday to Saturday at 10:29 PM.

AIMA and FinTram Global to Jointly Deliver PGDM in Financial Planning

thrilling and unpredictable twists for the viewers. I hope to achieve new milestones through this"

Don't miss out on the suspense and excitement in '10:29 Ki Aakhri Dastak,' airing on Star Bharat from Monday to Saturday at 10:29 PM.

STAR BHARAT

thrilling and unpredictable twists for the viewers. I hope to achieve new milestones through this"

Don't miss out on the suspense and excitement in '10:29 Ki Aakhri Dastak,' airing on Star Bharat from Monday to Saturday at 10:29 PM.

Cupid Limited Partners with SAP to Implement Advanced ERP System, SAP S/4HANA Cloud

current production capacity. The company has a prominent presence in international markets and is the first company in the world to attain WHO/UNFPA pre-qualification for male and female condoms. CUPID currently exports its products to over 105 countries, with over 90% of its revenue generated from international markets. Furthermore, CUPID has established a long-term agreement with WHO/UNFPA. The company is listed on BSE (BSE: 530843) and NSE (NSE: CUPID).

SEVENTEEN MAKES HISTORIC GLASTONBURY DEBUT AS THE FIRST K-POP ARTIST TO GRACE THE PYRAMID STAGE

THE 13-PIECE ACT CAPTIVATED THE AUDIENCE WITH AN ENERGETIC HOUR-LONG SET ALONGSIDE A LIVE BAND

SEVENTEEN WILL RETURN TO EUROPE THIS SEPTEMBER TO HEADLINE LOLLAPALOOZA BERLIN

K-pop maestros earn their place in the history books” – NME 

“... the 13-piece group delivered an hour of precision choreography and sticky pop melodies to an audience of diehard fans and curious onlookers” – BBC

“... their slick synchronised dance moves and captivating energy” – The Guardian

SEOUL – June 28, 2024 – K-pop icon SEVENTEEN made history at Glastonbury Festival (hereinafter Glastonbury) today as the very first K-pop band to perform on the iconic Pyramid Stage.

The 13-piece act cleverly introduced themselves to the Glastonbury audience through an hour-long set alongside a live band. WOOZI of SEVENTEEN kicked off the show playing a piano intro of their single “MAESTRO” before the rest of the members joined him on stage for a power-packed performance. The group had the crowd singing along to their hits “Rock with you,” “HOT” and “SOS” as well as showcased stages by each of its units–hip-hop (“LALALI”), performance (“I Don’t Understand But I Luv U”) and vocal (“Cheers to youth”).

Towards the end of the history-making set, JOSHUA of SEVENTEEN declared to the audience, "Even though the language, country and culture are all different, we can still connect as one, through music.”

The group left the crowd swept up by their contagious energy with a never-ending performance of “VERY NICE,” which had everyone jumping up and down alongside the members, proving SEVENTEEN not only know how to have a good time themselves, but they make sure everyone in the audience can join in on the fun, too.

SEVENTEEN joins the formidable list of performers who have graced the Pyramid Stage, known as the heart of the festival, in the past including Elton John, David Bowie, The Rolling Stones, Oasis, Jay-Z, Coldplay, U2 and more.

Since their debut in 2015, SEVENTEEN’s ascent in the global music scene has been a story of steady growth. Their first EP 17 Carat sold about 1,600 copies in its first week. As they enter their 10th year as a group, they now hold the title for the best-selling K-pop album of all time (FML with more than 6 million copies sold), which also went on to become the best-selling album worldwide last year according to the International Federation of the Phonographic Industry. 

A few days ahead of Glastonbury, the group officially assumed their role as UNESCO’s first-ever Goodwill Ambassador for Youth in Paris, after being nominated for the position in recognition of their role in uplifting and inspiring youth worldwide. 

SEVENTEEN will return to Europe in September for their headlining set at Lollapalooza Berlin.

OKIE Expands to Madhya Pradesh: Introducing Cutting-Edge Consumer Electronics

With the support of the Madhya Pradesh industrial policy, OKIE is planning to open a state-of-the-art technology assembling and manufacturing factory in Madhya Pradesh. This initiative aligns with the Prime Minister's 'Make in India' vision, contributing to local manufacturing and employment.

 

Somnath Roy, GM Sales at OKIE, emphasized the company's long-term vision for the central India market, stating, "We have a long-term vision to enter the central India market, where there is a significant vacuum for homegrown Indian brands to secure a strong position in the general trade market. MP and CG together carry the potential of 3300 Crore annual Revenue in Consumer electronics, We are targeting to be available in 2,000 stores in Madhya Pradesh and Chhattisgarh before Diwali and our target and I am confident that OKIE will stand among the top three Indian brands in the general trade."

Past Successes and Future Outlook

OKIE has earned accolades for its commitment to quality and customer satisfaction. The company's successful foray into the LED TV segment, coupled with endorsements from key influencers like leading actor Kajal Aggarwal, underscores OKIE's reputation as a trusted brand in the electronics industry.

Looking ahead, OKIE plans to expand its product portfolio to include a range of home appliances and smart devices. This expansion aligns with OKIE's vision to innovate continuously and deliver products that enrich the lives of consumers across India.

About OKIE Ventures Pvt Ltd

Founded in 2011, OKIE is a pioneering name in the Indian consumer electronics market. The company has rapidly grown to become a leading player, specializing in both OEM and ODM products. OKIE is committed to innovation and excellence, striving to provide customers with cutting-edge technology and superior quality.

The company's flagship brand, OKIE Electronics, has introduced a wide range of products, starting with their acclaimed OKIE LED TV series. These televisions are available in various sizes from 24" to 86", featuring unique attributes like the Inbuilt Sound Bar for an enhanced viewing experience. OKIE Electronics has also launched an array of HD and Smart TVs with rich picture quality and immersive sound, catering to a diverse consumer base.

In addition to its television lineup, OKIE Ventures is set to introduce a series of home appliances, including music systems, washing machines, refrigerators, and air conditioners. The brand has made significant inroads in multiple states across India, including Tamil Nadu, Karnataka, Andhra Pradesh, Telangana & Kerala OKIE’s products are available through over 3,000 retailers nationwide. OKIE's dedication to quality and innovation is further evidenced by its investment in manufacturing facilities. The company plans to establish an assembling factory for LED TVs in Madhya Pradesh. These initiatives align with the Prime Minister's 'Make in India' vision, contributing to local manufacturing and employment.

Jitin Masand, CEO of OKIE, leads the company with a vision of delivering maximum value to customers through high-quality and innovative products. Under his leadership, OKIE continues to set new benchmarks in the consumer electronics industry, ensuring that each product embodies the company’s commitment to excellence

LiveLoveLaugh Unveils 'Lecture Series Unplugged': A New Platform for Mental Health Conversations

 LiveLoveLaugh (LLL) has announced the launch of '

Deepika Padukone, Founder, LiveLoveLaugh said: “Over the last decade, LLL has managed to successfully create a safe space for crucial mental health conversations. With 'Lecture Series Unplugged', LLL aims to reach a broader audience by offering relatable stories that can further strengthen our impact on individuals, communities and society at large.”

“This series is a significant step towards making mental health conversations as normal and necessary as discussions on physical health. Sharing our stories can break down stigma and encourage more people to seek help. By featuring personal stories, we’d like to foster a sense of connection and hope, and an understanding that mental health challenges are a common part of the human experience,” said Dr. Shyam Bhat, Psychiatrist and Chairperson, LiveLoveLaugh.

'Lecture Series Unplugged' is co-hosted by Anisha Padukone, CEO of LiveLoveLaugh, and Dr. Shyam Bhat, who provides expert insights. In the inaugural episode, actor, influencer and content-creator Danish Sait shares his mental health strategies and experiences in an engaging discussion with Anisha and Dr. Bhat. (Click here to access the video).

"Self-awareness is key. Earlier, I used to let triggers lead me to the bottom, but now I can recognize when I'm slipping and bounce back faster. Seeing a psychiatrist really healed me because the medication aided me to calm my mind,” notes Sait, during the 'Lecture Series Unplugged' episode, while advocating for individuals using a self-compassionate approach to deal with life's challenges.

Each episode of ‘Lecture Series Unplugged’ will be available on the foundation’s website and social media channels. The series promises to be an inspiring and educational resource for anyone interested in learning more about mental health and how guest speakers deal with life's challenges, providing the audience with real-life examples of resilience and coping strategies.

About LiveLoveLaugh

The Live Love Laugh Foundation (LiveLoveLaugh) is a charitable trust founded by Deepika Padukone in 2015. The organization aims to give hope to every person experiencing stress, anxiety, and depression.  LiveLoveLaugh’s interventions are focussed on awareness-building and improving the affordability and accessibility of mental health services. For more information, visit https://www.thelivelovelaughfoundation.org/