Dia Mirza presents Dubai Real Estate Tycoon Awards

 

Dubai Land Department holds the awards ceremony in Mumbai

4^th November 2017, Mumbai: On the sidelines of the 3^rd Dubai Property Show being held in Mumbai from 3^rd to 5^th November at BKC, Dubai Land Department chose the city of Mumbai to conduct its first Real Estate Tycoon Awards.

The glittering awards ceremony was held at Taj Mahal Palace Hotel and was attended by some of the prominent personalities of Dubai real estate fraternity as well as key figures representing the Indian real estate industry. Bollywood Actor Dia Mirza was the special guest of the evening and presented many significant awards. Mr Laxman Pandurang Jagtap, MLA from Pune also graced the occasion as the Chief Guest at the ceremony. Actor and Producer Arbaaz Khan also made a guest appearance.

On the occasion Dia Mirza said, “It gives me immense pleasure to be part of the awards ceremony and I would like to thank Dubai Land Department for giving me this opportunity. Dubai has been a home away from home for many Indians offering a safe and secure abode. I congratulate the Dubai real estate industry for creating a world class destination”.

The Real Estate Tycoon Awards recognised and celebrated individuals and organisations from Dubai’s real estate industry who have, through their vision and leadership, elevated Dubai’s global standing as the leading real estate destination of the world. In all, there were seven categories which included: Vision, Innovation, Iconic, Ambition, Inspiration, Progressive and Recognition. A total of 40 awards were presented for various categories.

Dubai Land Department also recognized key members from CREDAI, the apex body of Private Real Estate Developers Associations for their exceptional contribution to Indian real estate. Their commitment and unstinted work in the direction of creating a more robust and transparent real estate environment for industry and public was appreciated.

Prominent dignitaries at the award ceremony included the likes of Mr. Boman Irani, Chairman and Managing Director of Rustomjee; Mr. Vipul Thakkar, Chairman, International Expo CREDAI; Mr. PNC Menon, Chairman, Sobha Group; Mr. Rizwan Sajan, Founder Danube Group and Danube Properties; Mr. Khalid Bin Kalban, CEO, Dubai Investments; Mr. Sudhakar Rao, Managing Director, Gemini Group; Mr. Sanjay Manchanda, CEO, Nakheel and Mr. Jaxay Shah, President of CREDAI and Managing Director of Savvy amongst many others.

The award ceremony was followed by Gala Dinner and performances by eminent singer, Sajili Saleem and Dubai stand-up comedian, Ali Al Sayed. 

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Dubai Property Show opens to overwhelming response in Mumbai

Actor R. Madhavan inaugurated the 3^rd edition along with Chief Guest Mr. Sultan Mohamed Hamdan Bin Khadim, Charge d'Affaires of the Consulate General of UAE in Mumbai

The exhibition presents profitable investment options for Indian buyers

·        Indians have invested INR. 1.1 lakh crores in last 3 years into Dubai realty

·         A townhouse in Dubai for 2 crores, apartment starts at INR 71 lakhs

·         Mortgage options available at a low interest rate of 3.99%

Friday, November 3, 2017, Mumbai, India: Indians have by far remained the top buyers of real estate in Dubai, contributing a whopping sum of INR 1.1 lakh crores in last 3 years. Catering to the huge appetite of Indian buyers, Dubai Property Show, the annual property gala brings the latest offerings from the top-notch Dubai developers in its 3^rd show in Mumbai. The exhibition will bring end-users in India face-to-face with world-class developers from Dubai, with a wide range of property and flexible budgets. The event was inaugurated by Chief Guest Mr. Sultan Mohamed Hamdan Bin Khadim, Charge d'Affaires of the Consulate of UAE in Mumbai, India and popular Bollywood celebrity, R. Madhavan amidst much fanfare and anticipation among the investors.

Being held at Bandra Kurla Complex (MMRDA Grounds), the 3-day realty exhibition opened on Friday, 3^rd November and will culminate on Sunday, 5^th November. Open from 11 am – 8 pm, entry to the exhibition is free.

Dubai Property Show provides once-in-a-year chance for property buyers to get in-depth understanding of Dubai realty with direct interaction with all stakeholders. Through the educative and informational seminars at the show, visitors can learn about the Dubai property laws, real-estate outlook, benefits for buyers, ideal locations for investment, financing options, government regulations, and growth opportunities among other topics of interest.

“Last year the show witnessed 4094 visitors, generating enquiries worth INR 2100 crores. We are expecting about 5,000 visitors, and hoping to see as many inquiries as last time.This year we have some amazing projects on offer along with attractive payment plans, such as a post handover which gives you the option of paying post possession. In terms to pricing, one can buy a nice townhouse for just 2 crores, while investment in an apartment starts at Rs. 71,00,000”, commented Himanshu Gupta, General Manager, Sales and Marketing, Dubai Property Show.

“Banks are offering 50% finance for the property deal, where the interest rate is as low as 3.99%. I recommend buyers and aspirants to research thoroughly upon the payment plans, mortgage rates and make investment decisions with a clear strategy in mind. The show is here to offer a brilliant plethora of options for Indian home buyers in Dubai”, added Himanshu.

H.E. Majida Ali Rashid, Assistant Director General, Dubai Land Department, Government of Dubai, said: “The very fact that this is our third outing to Mumbai is testimony of Dubai Property Show’s success. Over the years, Dubai’s real-estate has become a powerful tool of economic ties between India and the UAE, which we hope will continue to prosper. Dubai Land Department is proud to be partnering with world-class developers who are showcasing their properties in Mumbai, many of whom are repeat exhibitors. We are proud of the trust that Indians have put in us as a department and the UAE as a country, and are acutely sensitive to the responsibility that we shoulder in this regard”.   

“Indians are major movers within the UAE’s dynamic real-estate scene, especially here in Dubai where they are drawn to the multicultural atmosphere and diverse real-estate offerings. The Dubai Property Show is a perfect vehicle for us to meet face-to-face with India’s top investors and discuss Falcon City of Wonders’ unique ‘World in a City’ proposition which compliments Dubai’s growth as a preferred global business, leisure and lifestyle destination,” said H.E. Salem Almoosa, Chairman and General Manager of Falcon City of Wonders LLC.

“The real estate market in Dubai offers sustainable growth opportunities with high return on investments while the upcoming Expo 2020 mega event will provide property market a big boost”, said Mr. Omar Mesmar General Manager, Dubai Investment Park, wholly owned by Dubai Investments.

“A joint venture project between Meydan Group and Sobha Group, District One is in a prime location within the Mohammed Bin Rashid Al Maktoum City. Developed in three separate stages, the project is like nowhere else on earth, offering a low density residential community in the heart of an international city. It is close to all the major routes into the city, providing quick access to the Dubai International Financial Centre, Downtown Dubai, Dubai World Trade Center and Dubai International Airport”, elaborated by Mr. Mohammad Al Khayat, Vice President commercial and freezone at Meydan Group

Participating companies include the likes of Falcon City of Wonders, Dubai Properties, Dubai Investments, Meydan Sobha as Platinum Sponsors, MAG Property Development as the Gold Sponsor, Tebyan Real Estate Development as the Silver Sponsor whereas  Nakheel PJSC, Azizi Developments, Kleindienst Group, Creative Zone, Dubai Sports City, Bloom Properties, Tiger Properties, Seven Tides, Binghatti Developers and Deyaar Developments are the other exhibitors, Mashreq Bank joins as the Official Banking Partner, JLL as the knowledge partner and Seal Real Estate Registration Agent LLC as the Official Property Transfer Trustee among others.

For more information and to pre-register for the show, please log on to

http://dubaipropertyshow.com/visitors/

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Makani Creatives conceives 2 new Ad films for Metro Shoes featuring Katrina Kaif and Sidharth Malhotra

Makani Creatives further builds on the Metro Shoes, ‘Find Your Pair’ campaign by creating 2 engaging films featuring Katrina Kaif and Sidharth Malhotra as brand ambassadors. Being one of the largest footwear brands, Metro Shoes with its current positioning ‘Find Your Pair’, connects with an audience which is in love with shoes.

Aiming at strengthening Metro’s presence in the footwear wardrobe, the campaign brings out the brand’s personality in a light and fun way. The key mediums of the campaign include Print, Theatre, Outdoor and Digital. 

The ad film featuring Sidharth Malhotra shows a playful repartee between Sidharth and his dog, wherein the dog helps him select his shoes, thereby establishing an emotional connect . In the ad featuring Katrina, her Granny is seen hiding a shoe, trying to engage her into conversations so that her grand-daughter doesn’t leave. The shoe plays a key role acting as an emotional connect between the relationship of a granny and her grand-daughter. Metro Shoes are seamlessly integrated and showcased in a fun manner to bring a smile on to the viewers’ face.

The films have a fun and playful tone. They portray the joy and playful experience of selecting a pair of shoes. The print is more authoritative with the celebs highlighting Metro Shoes as their personal choice.

Metro is a legacy brand in India, with its presence since 1947. Being associated with Metro Shoes for a decade, Makani Creatives has witnessed the brand’s growth through various phases. “With the huge splurge of international, local and .com brands, we felt the need to highlight Metro as a contemporary brand, a brand which has always been evolutionary and in sync with the latest trends. Metro has a huge loyalty base and we decided to reach out to a wider audience while maintaining the warmth of a home-grown brand”, says Sameer Makani, Managing Director, Makani Creatives.

“A dynamic rising star, Sidharth Malhotra has that quintessential spark of youth and charm which fits well with the brand’s evolutionary vision. Katrina Kaif on the other hand is Bollywood’s Diva! Her classical beauty reminisces Metro’s lineage and her varied sense of style is in sync with the brand’s versatile collection. We look forward to this dynamic association”, he added.

Ms. Farah Malik, Managing Director and CEO, Metro Shoes says, “The idea of the films is to showcase the delight of finding your pair of shoes which is what we have always aimed for with our brand Metro Shoes. We are happy with the constant endeavours taken up by Makani to facilitate us with ideas that connect and relate well with our audience.

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Indians Ready To Further Strengthen Real-Estate Ties With Dubai

 

The 1^st Dubai Realty Roundtable highlights the vast opportunities for Indian investors

·         Expo 2020 a big growth driver for Dubai economy, experts predicting 35-50% growth in the region.

·         Dubai offers tax-free returns and its rental yields in the range of 7-12% are amongst the highest in the world.

November 1, 2017; Mumbai, India: Dubai real-estate market –a magnet for Indian investors – is poised to scale further heights in the coming years on the back of economic prosperity, investor optimism, positive sentiments and growing faith in the industry.

As the emirate is getting ready for World Expo 2020 – one of the largest international events to take place in the Middle East –industry gurus foresee tremendous opportunities for Indian investors across all sectors of real-estate, particularly in the residential and hospitality segment. Experts predict that there will be a growth of 35-50% in the region as an effect of the expo 2020.

Many Indians are keen on buying properties in Dubai as Indian expats make up for almost 40% of the city's population. Indians are quite at ease about investing in Dubai as it is a home away from home. With short and frequent flights from most Indian airports (more than 1700 flights a month), and hassle-free visa availability, Dubai is an easily accessible destination for frequent travel for both business and recreational purposes. For them it’s just like buying property in Mumbai or Delhi. Investment in Dubai is but a rational choice. Apartment rental returns in the city offer yields in the range of 7-12%.

The conclusions were drawn at the 1st Dubai Realty Roundtable held in Mumbai to discuss the current and future trends in Dubai realty sector and the opportunities it provides for Indian investors.

Helmed by the opinion leaders of real-estate industry, the programme charted the growth of Dubai realty industry, the prospects leading to World Expo 2020 and opportunities it presents to the Indian buyers. Experts converged to understand the reasons behind Dubai’s popularity as an investment destination amongst the Indian buyers and what makes it such an attractive proposition.

The Dubai Realty Roundtable was organised by Dubai Land Department, just ahead of their upcoming Dubai Property Show being held in Mumbai from 3-5 November, 2017 at Bandra Kurla Complex. The participants included Majid Saqr Al Marri, Senior Director Real Estate Investment Management and Promotion Center, Dubai Land Department; Mr. Sanjay Manchanda, Chief Executive Officer of Nakheel PJSC; Ms. Asma Dakkak, Research Manager at JLL; Mr. Vijay Sajjanhar, Chief Financial Officer, Dubai Sports City; Mr. Sandeep Jaiswal, Deputy Chief Executive Officer, Azizi Developments, Sajid Ali, Director at Sumansa Exhibitions, Rajendra L. Agarwal seasoned overseas property investor and Sanjay Sippy a renowned realtor from Sippy Housings.

Speaking at the Roundtable, Mr Majid Saqr Al Marri, Senior Director, Real Estate Investment Management and Promotion Center, Dubai Land Department said:“Indian investors made 10,628 transactions worth more than INR 36,040 Cr in Dubai property between January 2016 and the end of June 2017. Several factors contribute to this, but the key now is the vast potential that it offers to Indians to prosper and grow. For businesses, the city is the Gateway to West, which provides a tremendous opportunity for Indians to invest in the city and expand across the region while linking up with the rest of the world. For other investors, property in Dubai doubles as an investment and a vacation home, given the plethora of entertainment avenues it houses.”

Ms. Asma Dakkak Research Manager, JLL added: “For Indians, the hotspots in Dubai are locations such as Jumeirah Lakes Towers, Palm Jumeirah, Downtown Dubai and Dubai Marina, among others, reflecting their penchant for class and luxury. Dubai real-estate also offers better amenities at a lower price. If we see the average ticket size for prime locations in Dubai, it is approximately between 2.66 crores to 7.15 crores in Indian Rupees.

“Overall, Indians have invested INR 1.1 Lakh Crore in last 3 years into Dubai realty. Indians are looking at profitable dividends in the form of rents, resale value and tax benefits. Investors here enjoy no lock-in period with no capital gains tax and no property tax, buyers can also secure assets ahead of the Expo 2020 boom”, said Mr. Sajid Ali, Director Sumansa Exhibitions, organisers of property shows across the world and part of the upcoming Dubai Property Show in Mumbai.

Mr. Sanjay Manchanda, Chief Executive Officer of Nakheel PJSC added:“Dubai’s excellent transport and social infrastructure, strong demand for rental properties, regulations that allow foreigners to buy freely and strict regulations that ensure that disputes are settled quickly and fairly make it a magnet for real estate investors globally.  It’s no wonder that Indians account for more than one in 10 of our investors. Between them, they’ve purchased nearly 4,500 units from Nakheel, spending over INR 16, 621 Cr in the process.”

“Developers are also steering towards the affordable housing market and are offering attractive staggered payment plans. Many Indian investors are keen on buying into ready communities which offer good connectivity and lifestyle options and several Dubai locations including Dubai Sports City and many others now offer fantastic value”, said Vijay Sajjanhar, Chief Financial Officer, Dubai Sports City.

“Indians see Dubai as their second home - close proximity to India, lucrative rental yield, security, high tax-free returns on investments of around 20 percent, regulated market are key driving factors for Indian investments into the sector”, commented Mr. Sanjay Sippy, a renowned Mumbai based realtor during the discussion.

“Property prices are quite affordable now and this is the ideal time to invest in Dubai and reap quick returns, I believe investing in hotel apartments may turn quite profitable due to the upcoming Expo 2020”, said Rajendra L. Agarwal seasoned Dubai property investor.

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Underprivileged children supported by Mukul Madhav Foundation get to meet the star cast of Golmaal Again

October 27th 2017: Mukul Madhav Foundation, the CSR arm of Finolex Industries Limited, arranged an interactive session between underprivileged children from Samajik Vikas Kendra Social Development Centre, Malad, Mumbai – an NGO selflessly working for the overall development of underprivileged slum/street dwelling children from Mumbai since 12 years, and the team of Golmaal Again -Rohit Shetty, Tabu, Parineeti Chopra, Arshad Warsi, Shreyas Talpade, Tusshar Kapoor, Kunal Khemu, who were the star attraction during the event. The talented star cast were able to empower and enlighten the children through their acting journeys during the interactive session and created a special memory for the kids with a photo op.

These 20 children met with the actors amid much fanfare, as the MMF team along with Finolex team transported the excited kids from the institution to the venue. The children were able to have an insightful conversation with the actors, who helped them realise that their dreams can become a reality in this life. Besides, providing a perennial hope to the children, the MMF stands greatly for enhancing the healthcare and social welfare of children across districts.

On the occasion, Ms. Ritu Chhabria, Director- Finolex Industries Ltd. and Managing Trustee- Mukul Madhav Foundation said, “I am really glad and thankful to the stars for turning up and meeting these wonderful kids. MMF has been associated with Samajik Vikas Kendra Social Development Centre for a long time now and it was definitely a moment of joy for these kids to meet the stars and spend an evening with them. This would not have been possible without the support of Finolex Industries who made these kids meet their favorite actors. My heartfelt thanks to them.”

Speaking on the occasion, Mr. Rohit Shetty said; “It is a great pleasure to see the excitement and enthusiasm of the children to meet their favorite actors. This initiative has surely helped to uplift the spirits of the actors alike the children. These naughty kids have certainly shared a lot of positive energy with their undying spirit and energy. We will go back with a lot of positive memories of the event. I also thank Mukul Madhav Foundation for giving us this opportunity and appreciate their commitment and work being done for these children.”

About Mukul Madhav Foundation

Finolex Industries Limited (FIL) implements all its CSR activities through its CSR partner Mukul Madhav Foundation (MMF). MMF was registered as a public charitable trust in 1999, and has since, been working to provide assistance to needy individuals especially in the areas of Education, Healthcare and Social Welfare. In 2008, along with Finolex Industries, they set up an English medium school, Mukul Madhav Vidyalaya, in the interior village of Golap, Ratnagiri. Today, nearly 600 students receive quality education there at extremely subsidized costs. By spreading more hope and happiness and leaving its noble footprints in every possible walk of life, MMF has brought smiles on a million faces and seeks to do so for many generations to come.

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Awestruck! When the ‘Tree of Light’ was launched

Three youngsters, Anvam Nagpal, 17, R Siddharth, 24,and Anvika Nagpal, 12  came together to create ‘Árbol de la Luz’ (Spanish for Tree of Light) – an esoteric sculpture, unifying the elegance of glass and the brilliance of light. A unique representation of one of nature’s great marvels, created by utilizing used glass bottles and different lights and other materials. Who knew recycling could be so much fun?

Àrbol de la Luz was unveiled in all its glory at an intimate but dazzling ceremony on Saturday, 30^th Sep ’17. The triumph of light (over darkness) blended perfectly with the festival of Dussera, and its enduring theme of the victory of good over evil

Padma Bhushan, Dr. S.B. Mujumdar, Founder and President of Symbiosis Group of Institutes, did the honour of unveiling and was effusive in his praise, fascinated at how the youngsters had managed to meticulously craft something so towering and impressive. “I was told you have to see it to believe it”, he told the audience, smiling, “and I have to agree, that it’s true”, complimenting the youthful artists. He felt that the “Elegance of glass and the brilliance of light” was an apt descriptor of the sculpture.

Audience reactions, especially from the other youngsters present at the event, went a step ahead in their praise. Guests were especially curious about the details behind the tree, marveling that it took five months for the nine feet tall structure, weighing over a tonne, incorporating over a 100 bottles, 250 lights, to come to life. The symbolic fruits, each delightfully wrapped in strands of light, attracted the most attention.

“It is exquisitely crafted”, “The tree itself is a treat to the eyes and I am extremely happy for Anvam, Anvika and Siddharth”, are some of the compliments showered on them.

The broader context also struck a chord with the environmentally aware younger lot. “It is a representation of the need for recycling and how aware our young generation is of this fact. The tree, made from glass bottles and intertwined with various lights, is an essence of nature we are trying hard to bring back”, said one.

“A bright event literally and figuratively portraying today’s eco-friendly world in one structure”, remarked another. It was left to another student to sum it up perfectly.

 “The tree stood for strength and integrity, emanating beams of light that radiated nothing but positivity and hope around it.”, she said. “ It was fascinating how something so powerful, profound and beautiful can be displayed through something so simple like a bottle !”

The memorable evening concluded with a sizzling musical performance by Anvam (violin) and Anvika (keyboard and vocals). 

For more details, please contact :

Apurv Nagpal on 8237000018 or email apurvnagpal@hotmail.com

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PTron unveils ‘Viki’ Bluetooth sunglasses at just INR 999/- exclusively on LatestOne.com!

10,000 pieces of the PTron Viki already sold within first three days of pre-launch

Majority of the sales driven by Gen Z and Millennials

Mumbai, 24^th October 2017: PTron, one of the most desired mobile accessories brand unveils “Viki”, Bluetooth headphone sunglasses for men & women. PTron brings to you an exciting new product which gives you a sporty look to flaunt by adding a classy touch to it. Through this, PTron broadens its range of headphones in the audio segment and this is in line with PTron’s strategy of continuously innovating and introducing unique products to meet rapidly changing customer needs and demands. As per a report, earphones and headphones market is projected to witness over 5% CAGR from 2017 to 2024 due to the convenience and comfort offered by the technology.

PTron Viki is exclusively available on LatestOne.com priced attractively at just INR 999/-. Such a Bluetooth enabled sunglasses is Ideal for outdoor sports addicts, runners, cyclists, hikers, backpackers to weekend warriors to the less intense, friends and family looking to enjoy and participate in life’s moments.

10,000 pieces of the stylish PTron Viki have already been sold in first three days of pre-launch of which huge number of orders came from South India. A majority of the purchase has been dominated by the youth with 43% of the PTron Viki being purchased by Gen Z and 40% by Millennials. Gen Z youth and Millennials are aware of a tech savvy lifestyle and they prefer online shopping over other daily routines. Gen Z possess an extreme individuality of character and the seamless comfort with online shopping which has led to Gen Z crafting their own idea of ‘MyLuxury’—where supposed brand value is trumped by quality, value and personal excitement based on individual choices and what brands mean to them personally. Hence they are one of the major buyers for this practical, versatile and efficient sunglass with a Bluetooth enabled phone & music support.

Key Features:

ü  Fashionable design with foldable eyeglasses

ü  Black Polarized lenses which can filter light and protect your eyesight

ü  Smart Bluetooth sunglasses, stereo sound, answer calls & listen to music

ü  Wire-free communication up to 10 meters from a compatible Bluetooth-enabled smart phone

ü  Multi-functional buttons and voice alerts

ü  Built-in rechargeable lithium battery, comes with Mini USB cable

Ameen Khwaja, Founder, and CEO of LatestOne.com said, “LatestOne.com is glad to launch PTron Viki. There is no doubt that Viki is a unique product, and we are overwhelmed with the kind of response we have received from our patron consumers. I believe that Viki is an apt accessory for bike riders due to its multi-functionality. I am confident that we will be selling 200,000 pieces of PTron Viki in next 6 months.”

About LatestOne.com

Hyderabad-based LatestOne.com is India’s only e-tailer specialized in tech and mobile accessories such as Bluetooth devices, mobile covers, tablet accessories, cables, power banks, headsets, smart watches, mini android TV, fashion accessories etc. It stocks over 10,000 different products in its inventory and operates through its own fulfillment centers in Delhi and Mumbai. It is owned by Palred Online Technologies Pvt. Ltd (POT) which is a subsidiary of Palred Technologies Ltd (PTL), a listed company on BSE and NSE since 2004

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