Rizwan Sajan, one of Dubai’s richest Indians, is a living testament to perseverance and entrepreneurial spirit. His journey from humble beginnings in Mumbai’s slums to building a billion-dollar empire is nothing short of extraordinary.
Early Struggles in Mumbai
Born into a middle-class family, Sajan faced immense financial hardship early on. At the age of 16, after his father’s…
Dubai has rapidly transformed into a top destination for high-net-worth individuals (HNWIs), thanks to a combination of favorable policies and a booming luxury real estate market. Over the past few years, the city has attracted significant global attention, becoming a magnet for wealthy investors. So, what exactly is driving this migration?
The Magnetism of Dubai’s Lifestyle
One of the…
Mumbai-based AI healthcare startup Qure.ai has secured $65 million in a Series D funding round led by Lightspeed and 360 ONE Asset, with participation from prominent investors including Merck Global Health Innovation Fund, Novo Holdings, and Kae Capital. Founded in 2016, Qure.ai specializes in using artificial intelligence to analyze medical images like X-rays and CT scans, providing fast…
This Record-Breaking Sale Just Redefined Dubai's Skyline, and You Won't Believe How Much It Sold For
Dubai’s luxury real estate market has once again set a new standard with the sale of a stunning penthouse in Downtown Dubai for a record-breaking Dh80 million. The property in question, a four-bedroom Sky Collection Penthouse at the Kempinski The Boulevard, boasts over 7,466 square feet of opulent living space, with breathtaking views of the Burj Khalifa.
The penthouse, located in one of…
Noida, a city known for its affordable housing options, has recently seen a sharp rise in the launch of ultra-luxury apartments priced above ₹5 crore. This shift has left many potential homebuyers and investors asking: Why are developers now targeting the high-end market in Noida?
Key Factors Driving the Trend:
1. Infrastructure Boom:
The forthcoming Noida International Airport is a…
In a significant boost to India’s commercial real estate market, office space leasing has seen a remarkable surge in the first half of 2024. Bengaluru has emerged as the clear winner, with a staggering 4.5 million square feet of office space leased out – a whopping 53% of the city’s total commercial transactions!
But Bengaluru isn’t alone in this boom. Hyderabad and…
The Indian real estate sector, already weathering economic headwinds, is now grappling with a significant manpower crisis. According to industry reports, labor shortages have intensified post-pandemic, forcing developers to offer higher wages and additional incentives to attract and retain skilled workers. This shortage is not confined to one area; it’s a national issue that’s hampering…
In a significant move that highlights the growing prominence of real estate developments in India, NCR-based County Group’s subsidiary has inked a ₹105 crore development agreement for a project in Gurugram. This comes as part of the group’s broader strategy to expand its footprint across the Delhi-NCR region, focusing on upscale developments to cater to the growing demand for luxury real…
Adani Power is set to significantly increase the capacity of its Kawai power plant in Rajasthan through a planned investment of Rs 18,000 crore. The current capacity of 1,320 MW will be expanded to a total of 4,520 MW, achieved in two distinct phases.
Project Overview
The Kawai plant, an essential component of Adani’s energy portfolio, currently generates 1,320 MW of power. With the…
In recent years, Bengaluru and Hyderabad have emerged as India’s real estate boom epicenters. These tech-driven cities have seen property prices soar, making them hotbeds for real estate investment and development.
Bengaluru, often dubbed the Silicon Valley of India, has witnessed an impressive appreciation in property values. According to recent data, properties in Bengaluru have surged by…
