Tag: Ankit Kansal

Real Estate Sector on Repo Rates

Kolshet Road in Thane and Sarjapur Road in Bangalore Among Emerging Real Estate Destinations

India’s leading real estate advisory 360 Realtors has compiled the top 5 emerging market destination report. The report features Kolshet Road in Thane and Sarjapur Road from Southeast Bangalore. The other 3 emerging destinations from India include Sec-91 & 92 in Gurgaon, Mundhwa in Pune, and Newtown Rajarhat in Kolkata.

The report has been prepared following exhaustive research. These destinations have been chosen based on detailed scrutiny & analysis of a wide variety of market characteristics. Dozens of micro-markets throughout the length and breadth of the city have been examined across critical parameters and accordingly, the top 5 destinations have been identified. These parameters include quarterly market price growth trends, half-yearly transaction growth, present job markets, future growth in employment, and status of physical & social infrastructure. Equal weightage has been given to each parameter.

“In the Mumbai Metropolitan Region (MMR), Kolshet road has been chosen. Situated near the bustling commercial hub of Ghodbunder Road, Kolshet Road offers a good inventory of “Ready to Move (RTM) property options. The micro-market is conveniently connected with eastern suburbs through Eastern Express Highway. Very soon line 4 of the Mumbai metro will also come in the region”, quoted Ankit Kansal, Founder & MD, 360 Realtors.

In Bangalore, Sarjapur has been featured on the list. As major IT hubs such as Electronic City and Whitefield are becoming saturated, Sarjapur Road is emerging as a prominent realty destination. Most of the major IT hubs in the region are located at an approachable distance of 15-20 km from Sarjapur Road. The region itself is home to plenty of major MNCs such as KPMG, Wipro, Accenture, HP, etc. In phase 3, the metro will also enter Sarjapur Road connecting Hoskote-Sarjapur-Hebbal.

In Pune, Mundhwa has made to list. Located between major IT hubs of East Pune, Hadapsar, and Kharadi. In the last 10 quarters, property prices have moved up by 9.6%. In the past quarter, average property prices have jumped by 5.4%, further underlining the potential in the micro-market.

In NCR, Sec- 91 & 92 located in the suburbs of Gurgaon has been identified. Situated close to other upcoming micro-markets in Gurgaon such as Sec 80, 82 & 82 A, Sec 91 & 92 are bustling commercial, retail, and residential hubs. The location is also dotted with bio reserves and open green spaces, thereby adding serenity and calmness to the lives of residents.

“Indian real estate is once again on an upturn and the market is gradually gaining momentum after the whiplash of the pandemic. Transaction volumes are jumping in most of the major markets backed by a low-interest regime, attractive payment plans, and a bullish economic outlook. Amid a resurgent market, we have compiled the emerging destination report to help discerning buyers with insights, data, and actionable information on the Indian realty. The report can be downloaded directly from the 360 Realtors website”, added Ankit Kansal.

Real Estate Sector on Repo Rates

Axon Developers Joins Hands with Manish Buildwell to Co-develop a Commercial Project in Sec-91, Gurgaon

Axon Developers has joined hands with Manish Buildwell to co-develop a commercial project in Sector 91, Gurgaon. The project named Manish Gallexie 91 is spread across a sprawling 3.75 acres. The total saleable area will be roughly 3.5 lakh square feet. The multifaceted retail project will have a host of high street retail shops, multi-cuisine restaurants & food courts, multiplexes, and entertainment facilities.

“With Manish Gallexie 91, we are set to re-imagine the idea of high-street experiential retail. We wish to give a truly evolved retail experience to the people of Delhi-NCR.” quoted Ankit Kansal, MD, Axon Developers.

Axon has taken Manish Gallexie 91, under Development Management (DM) Agreement. The project will deliver close to 400 units and is expected to be completed in another 2.5 years.

“Manish Buildwell is a leading name in commercial real estate and already has ample experience in delivering quality commercial projects. Axon is also set to develop new real estate communities that can match the taste of modern Indian consumers. We have a lot of synergies and are committed to giving an unprecedented experience to everyone, be it investors, retailers or consumers”, added Mr Kansal.

Manish Buildwell has delivered over 80 commercial projects in the Delhi-NCR. Axon is a real estate development enterprise, backed by Ankit Kansal, a serial entrepreneur with more than two decades of experience in real estate consulting, retail, stress fund management, interior design, among others. Axon is already involved in two major projects in Delhi-NCR and is eyeing a rich pipeline of future projects in the North India region.

Perfume

Fragrance Brand Rosemoore Joins fight against Corona

Fragrance brand Rosemoore presents seamless incorporation of corona protection with fine fragrance blends. The fragrance brands incorporate active ingredients that can kill up to 99.8% coronavirus in its products such as diffusers and refills.

Once believed to be a luxury, fragrances are now gradually becoming indispensable lifestyle products in middle-income Indian households. Products such as reed diffusers, electronic diffusers, scent sacks, candles, & burners are now increasingly used in Indian homes, offices, & retail stores.

As brands like Rosemoore are stepping their game and introducing evolved products to fight against Corona, a further jump in such fragrant sales is inevitable. Now fragrances would not just be used for lifestyle ambiences, but also as a no-side effect alternative to fight and neutralize the COVID virus.

Commenting on the new development, Ankit Kansal, Managing Director- Rosemoore said that we are glad that we will be leading the fight against Corona with a fragrant and innovative twist. Not just in homes but these products can be widely used in other public places such as shops, malls, offices, ATMs, & much more, offering a suitable line of defence against the perennial virus. Given that there have been cases of infection transmitting through the air, the use of diffusers can be effective in preventing the spread of diseases.

“However, it was not even imagined that by integrating with medically proven substances, they will be an effective preventive measure against the COVID 19 virus.

Started in 2012, Rosemoore is a premium English fragrance brand, holding a commendable share in the offline as well as online fragrance retail. The company sells over 200 SKUs across 25 Indian states. Rosemoore, which sources its ingredients from the UK have always worked with a mindset of continuous evolution to stay ahead of the game. It has emphasized on bringing high quality yet value-driven products in the evolving Indian markets.