Author: AU News Bureau
Contemporary home décor and lifestyle brand The Artment has raised INR10 Crore in Pre-Series A round led by Inflection Point Ventures. IPV made its investment in this round through IPV International as well, utilizing the GIFT City route. The round also saw participation from Siyaram Family Office, ESV, Capitar Ventures and others. The funds raised will be deployed over Category Expansion, Investment in ‘Art Lab’ – a tech-platform to crunch data, launch products and towards Channel Expansion. The Artment is EBITDA positive and is aiming to reach 100 Cr ARR in the next six months. It has built a strong…
DAMAC Properties, the region’s leading private luxury real estate developer with a growing global portfolio, has launched DAMAC Islands 2, its seventh master community in Dubai that redefines waterfront living. Following the phenomenal success of DAMAC Islands, DAMAC Islands 2 brings the rhythm of the tropics to the heart of Dubai; blending lush landscapes, crystal lagoons, and wellness-driven design inspired by eight dream destinations: Antigua, Bahamas, Barbados, Bermuda, Cuba, Maui, Mauritius, and Tahiti. Amira Sajwani, Managing Director, DAMAC Properties, said: “DAMAC Islands 2 captures the energy of the tropics and the ambition of Dubai. It is more than a place…
The design world is going digital — fast. According to HTF Market Intelligence, the global Virtual Interior Design Services market is projected to surge from USD 3 billion in 2025 to USD 10.5 billion by 2032, growing at a CAGR of 17%. Once seen as a niche for tech enthusiasts, virtual design has become a mainstream solution for homeowners, developers, and brands seeking agility and scale. The sector spans a diverse mix of services — from remote décor consulting, AR room planning, and 3D virtual staging to AI design recommendation tools and VR walk-through spaces. Applications are equally broad, covering…
India’s USD 1 trillion real estate growth story will need more than just capital — it will need climate-conscious capital. Sundaram Alternates (SA), the alternatives platform of the Sundaram Finance Group, has released a white paper titled “Bridging the Gap: The Essential Role of Climate-First, ESG-Integrated Private Credit in India’s Real Estate Growth.”The study outlines how sustainable financing is fast becoming the key driver of long-term sectoral stability and investor value. Closing the Mid-Stage Financing Gap Despite record momentum — 89 million sq. ft. of office leasing in 2024 and a 35% YoY jump in FDI inflows in Q1 2025…
In a move that signals the convergence of hospitality, wellness, and commercial real estate, Jaypee Hotels Ltd. has launched The Boomerüng Complex — an ambitious 1,75,000 sq. ft. lifestyle and business destination within Jaypee Greens Wish Town, Noida. Designed as an integrated hub for work, play, and rejuvenation, the project sets a new benchmark for experiential real estate in India. Envisioned as India’s first integrated ecosystem combining business, gaming, wellness, and dining, The Boomerüng Complex is positioned to cater to a new generation of professionals who value balance as much as ambition. The property’s biophilic architecture, sustainable design, and modular…
Shriram Properties Limited (SPL) reported a strong operational performance for Q2FY26, driven by robust sales momentum and new project launches, while financial results reflected a temporary deferment of revenue recognition due to regulatory delays. During the quarter, SPL achieved sales volumes of 1.1 million sq. ft., up 39% QoQ, with sales value rising 55% QoQ to INR 685 crore. Cumulative sales for H1FY26 stood at ~2 million sq. ft., valued at INR 1,126 crore, up 19% YoY, achieving nearly 40% of its annual pre-sales target. Gross collections reached INR 388 crore in Q2 and INR 725 crorefor H1FY26. Financially, revenue…
In a move that expands its architectural and hospitality footprint into Rajasthan’s desert heartland, The Leela Palaces, Hotels and Resorts has announced the signing of The Leela Jaisalmer, a 30-acre luxury desert resort and spa in partnership with The Godwin Group. Slated to open in 2026, the 80-key property marks the brand’s debut in Jaisalmer—India’s fabled Golden City—and its first desert resort and spa. Set against the backdrop of the Thar Desert, near the UNESCO World Heritage-listed Jaisalmer Fort, the property blends contemporary luxury with traditional design elements rooted in Rajasthan’s architectural heritage. The resort will feature tented villas, sandstone…
Atul Projects has recently announced the appointment of Piyush Niljikar as Head of Marketing. Having accumulated over 15 years + in advertising, brand development and integrated marketing communications, Piyush brings in vast experience that will be key in establishing Atul Projects brand presence as well as spearheading its growth in the next phase. Piyush’s career encompasses overseeing marketing campaigns in creative agencies and real estate companies. He has led integrated campaigns at Creativeland Asia and WYP Worldwide and worked with brands like Mercedes-Benz India, Godrej Cinthol, United Colors of Benetton, ZEE5, ARROW and TAJ Group. In real estate, he was…