Gold
‘Cherish’ anointed as Colour Of The Year by Asian Paints
In the aftermath of the pandemic, homes are now playing multiple roles of workspaces, school, entertainment zones and restaurants. People have more value for their casa and these times have changed the way people live, value the present, cherish the moments they’re in.
The Colour Of The Year Is..
Nurturing, humble and fresh, Ivy League 7585 restores that sense of balance which we dearly seek. A colour that not only comforts but breathes life into our spaces. A colour that allows us to feel fleeting joys, our reasons to smile. And so, for 2021, the Colour of the Year is ‘Cherish’.
This shade of soft mint green restores a sense of balance and gives a slight nudge towards growth a hint of blue that stands for revitalisation.
With Asian Paints ColourNext, the brand aims to inspire a multitude of design disciplines in this new year. The Colour of the Year, Cherish, is a restorative yet effervescent shade that’s both enduring and uplifting. It brings restless minds to a place of hope as we imagine a better world and a balanced self.
Emaar to invest Rs 1,000 crore in Gurugram housing project
Emaar India, a prominent real estate developer, has announced a major new project in Gurugram, one of the most sought-after residential locations in the National Capital Region (NCR). The company is investing approximately Rs 1,000 crore in the development of a luxury housing project named ‘Amaris.’ The project, situated on Golf Course Extension Road in Gurugram’s Sector 62, will span over 6.2 acres and is expected to feature 522 high-end apartments, with a total development potential of 15 lakh square feet. This project, launched in response to the growing demand for premium residentia..
Punjab-Haryana HC slams ED over IREO money laundering investigation
The Punjab and Haryana High Court criticised the Enforcement Directorate (ED) for conducting a ‘slipshod and unprofessional’ investigation into money laundering cases involving IREO and its functionaries. The court directed the ED's director to address the lapses in the probe. The court noted that the accused company's real estate assets were allowed to be disposed of without proper oversight. Justice Kuldeep Tiwari issued these directives after being informed of a November 6 order by a coordinate bench, in which Gulshan Babbar sought the cancellation of bail granted to IREO MD Lalit Goya..
Capitaland to buy 40% stake in SC Capital Partners for $209.31 mn
Singapore's CapitaLand Investment announced that it plans to acquire a 40 per cent stake in SC Capital Partners Group (SCCP) for $280 million. Additionally, the company intends to invest at least $524 million in SCCP. The acquisition of the 40 per cent stake in SCCP, a Singapore-based real estate investment manager, is expected to increase CapitaLand's funds under management (FUM) by $11 billion. The company explained that this move would strengthen its presence in Japan, its key market, where 76 per cent of the additional $11 billion FUM is located. In its statement, CapitaLand emphasised t..
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