[recent_post_slider design="design-1" limit="5" show_category_name="false" show_author="false"]

Hospitality Sector Sees 10.8% Year-on-Year RevPAR Growth in Q3 2024

The Indian hospitality sector reported a 10.8% Year-on-Year growth in RevPAR for Q3 2024, with Hyderabad leading the charge at 23.6%. The sector continues to benefit from strong corporate travel, new hotel openings, and an expected rise in MICE events.

BFSI and Flex Spaces Drive Office Space Demand in Q3 2024

The office space market in India saw a significant shift in Q3 2024, with BFSI and Flex Spaces driving a 20% increase in demand. Bengaluru and Hyderabad led absorption, while cities like Mumbai and Chennai experienced declines.

India’s Senior Living Market Set to Surge 300% by 2030, Reaching USD 7.7 Billion

India’s senior living sector is poised for explosive growth, projected to expand by over 300% by 2030 to USD 7.7 billion. With the country’s elderly population expected to more than double by 2050, the demand for senior housing solutions is set to surge, creating vast opportunities for developers and investors.

Chennai-Based Real Estate Company Sends 1,000 Employees on All-Expenses-Paid Trip to Spain

Casagrand, a Chennai-based real estate company, is sending 1,000 employees on an all-expenses-paid trip to Barcelona, Spain, as part of its annual Profit-share Bonanza Program. The initiative recognizes employee efforts in achieving strong sales performance and aims to foster a culture of shared success.

Japanese Furniture Giant Nitori to Debut in India with First Store at R City Mall, Mumbai in Dec 2024

Nitori, Japan’s largest furniture and home furnishings brand, will open its first Indian store at R City Mall in Mumbai in December 2024. As part of its global expansion, Nitori aims to open 289 stores worldwide by 2032. The Mumbai store will offer a diverse range of stylish and affordable home furnishings, tapping into India’s growing demand for quality furniture.