Tag: Chandigarh

Breathing Uneasy – Housing Choices Amid Worsening AQI

akash pharande

 By- Akash Pharande, Managing Director – Pharande Spaces

The problem of rapidly worsening air quality in India has a direct correlation to our housing choices. Increasing urbanization, industrial proliferation, and population growth are causing more and more homebuyers to prioritize the quality of their living environments.

Urban Centers – The Worst Hit

Indian city centres face severe air pollution threat:

  • Heavy Traffic – The congested city centres with high population and traffic density contribute significantly to vehicular emissions.
  • Industrial Pollution – Proximity to industrial zones with obsolete or nonexistent pollution control measures worsens air quality.
  • Urban Heat Island Effect – The concentration of buildings and human activities in cities leads to higher temperatures – which, in turn, escalate pollution levels.
  • Lack of Green Spaces – The absence of parks and green areas in densely populated urban regions makes natural air filtration impossible.

pollution

A Shift Towards Cleaner Surroundings

Many suburban areas with lower population density and more green open spaces offer relief from urban pollution. Planned cities, like Chandigarh, Navi Mumbai and PCMC (Pimpri Chinchwad Municipal Corporation) showcase the effective separation of residential and industrial zones, improving overall air quality for all concerned.

In the absence of planned development, many suburban paradises are at risk. Rapid real estate development will eventually turn green sanctuaries into polluted urban-like environments.

Exploring the Solution – Integrated Townships

To tackle this issue, the Indian residential real estate sector has introduced integrated townships as a solution that can withstand environmental challenges.

  • Captive Green Spaces – These townships prioritize green open spaces like parks and gardens to create an environmentally sustainable environment.
  • Reduced Vehicle Emissions – Because they incorporate schools, shops and recreational facilities within their precincts, townships reduce overall vehicle movement.
  • Sustainable Infrastructure – Initiatives like rainwater harvesting and waste recycling promote eco-friendly living practices.
  • Combating Urban Heat Islands – Development plans for townships include extensive green areas, tree-lined streets, natural or artificial water bodies, and renewable energy sources to combat heat accumulation. By securing these advantages, integrated townships ensure that the area remains eco-friendly – now and in the future.

breathing

Tips for Prospective Home Buyers to Avoid Air Pollution Risks

  • Begin by examining air quality data for different regions. This information is often accessible through environmental monitoring agencies or online air quality indices. Check websites that offer real-time air quality updates to evaluate current atmospheric conditions.
  • When selecting locations, consider the presence of green spaces. Look for areas close to parks, reserved forests, and other open green zones, as they result in better overall air quality. Don’t choose a home in a project too close to a highway or an industrial zone, or prone to traffic bottlenecks. Also note that elevated areas often offer better air quality because heavy pollution smog primarily settles in low-lying areas.
  • Evaluate the condition of roads and public transportation as this will determine how much emissions accumulate in an area. Do internet research and check news to review the area’s infrastructure and future development plans to anticipate changes that could impact air quality.
  • When checking out a home, find out if it has adequate cross-ventilation and good green home features. Energy-efficient homes typically provide better air quality thanks to their sealed and insulated environments.
    You can, to some extent, enhance indoor air quality by using indoor plants. But this is obviously a very minimal solution to a major problem

In conclusion

With air quality playing an important role in home purchasing choices, buyers must prioritize features that ensure a clean and healthy living environment.

By picking the right location and project, you can protect your and your family’s well-being and still enjoy the conveniences of modern life. Opting for integrated township living is a wise decision amid rapidly declining air quality in urban India. In any case, make any housing with a lot of research and awareness about air quality.

And remember – the clean environment you get in a currently green but quickly developing suburb may not be guaranteed tomorrow. Ensure that your loved ones can breathe freely – not only today but also in the future.

About the Author:

Breathing Uneasy - Housing Choices Amid Worsening AQI

Akash Pharande is Managing Director – Pharande Spaces, a leading real estate construction and development firm famous for its township projects in Greater Pune and beyond. Pharande Promoters & Builders, the flagship company of Pharande Spaces and an ISO 9001-2000 certified company, is a pioneer of townships in the region. With the recent inclusion of Puneville Commercial into one of its most iconic townships, Pharande Spaces taken a major step towards addressing Pune’s current and future requirements for fully integrated residential-commercial convenience

Venus Remedies clinches dual tender from globally acclaimed UNICEF & PAHO

Chandigarh, June 20, 2024: Three months after getting the coveted Good Manufacturing Practices (GMP) approval from the United Nations International Children’s Emergency Fund (UNICEF), leading global pharmaceutical company Venus Remedies Limited has been awarded a tender by UNICEF for supplying ceftriaxone (1gm), a beta-lactam antibiotic, in dry powder form.

Ceftriaxone dry powder is an important drug in Venus Remedies’ extensive antibiotic portfolio. Moreover, ceftriaxone is an important antibiotic globally due to its broad-spectrum activity and effectiveness in treating a variety of serious bacterial infections. The global ceftriaxone market was valued at USD 1.7 billion in 2021 and is expected to grow at a CAGR of 2.9% from 2022 to 2031 to reach over USD 2.2 billion by the end of 2031.

In another development crucial to improving healthcare outcomes in Latin America, Venus Remedies Ltd has also been awarded an oncology tender by the WHO-backed Pan American Health Organisation (PAHO), the world’s oldest international public health agency. The company has been entrusted with the responsibility of supplying a wide range of essential oncology drugs like bleomycin, carboplatin, cisplatin, cytarabine, doxorubicin, irinotecan, methotrexate and vincristine.

Strengthening the company’s position as a trusted partner in the global healthcare supply chains, the company’s collaboration with UNICEF and its inceptive agreement with the PAHO tender authority, signify a notable milestone for Venus Remedies, enhancing its contribution to global health initiatives and reinforcing its commitment to improving global health outcomes by providing life-saving medicines to those who need them the most.

Lauding the achievement as a dual opportunity for the company to extend its reach and serve the needy, Saransh Chaudhary, President, Global Critical Care, Venus Remedies, said, “Our association with the PAHO is a monumental step in our mission to deliver high-quality, innovative oncology products to those in dire need. Further, securing the tender with UNICEF reflects our relentless pursuit of excellence and our commitment to improving health outcomes worldwide. Building on such prestigious orders, we will also continue to strengthen our international presence.”

Having exported pharmaceuticals worth about US $16 billion in the financial year 2023-2024, India is the world’s largest provider of generic drugs. In terms of volumes, Indian drugs comprised 20 percent of the global generic drug exports. Venus Remedies is playing a key role in this export market, contributing to India’s growing influence, particularly in the global oncology sector.

Ms. Aditi K. Chaudhary, President, International Business, Venus Remedies, said these tenders are a significant endorsement of the company’s vision to provide accessible, high-quality healthcare solutions. “This much-coveted endorsement from UNICEF is a significant prospect for Venus’ mission of contributing towards global health. Moreover, association with PAHO reinforces our position as an important player in the global oncology market and underscores our commitment to catering to the Latin American region, which is facing critical challenges in cancer care,” she said.

With over 25 international GMP approvals and 800+ marketing authorizations worldwide, Venus Remedies is rapidly emerging as a frontrunner in the pharmaceutical industry. Having a presence in 90+ countries, the company is poised to become a global leader in the pharma space.

ITDC Organizes Free Medical Camp in Collaboration with Delhi Heart and Lung Institute, New Delhi

Chandigarh, 5th June 2024: The India Tourism Development Corporation (ITDC), in collaboration with the Delhi Heart and Lung Institute, New Delhi, successfully organized a free medical camp at its flagship hotel The Ashok, New Delhi on 1st June 2024. This significant initiative aimed to provide essential healthcare services to its employees, showcasing ITDC’s commitment to community well-being and its collaboration with esteemed medical institutions. The medical camp featured a team of 15-20 skilled doctors, including paramedical staff and support staff, from the Delhi Heart and Lung Institute, New Delhi. These professionals, including specialists and allopathy experts, offered consultations, screenings, and free Blood Sugar and Blood Pressure tests for all attendees.

Medical Camp

Mr. Lokesh K. Aggarwal, Director of ITDC, expressed his enthusiasm for the initiative, stating, “This camp was specially undertaken to benefit the ITDC employees offering them essential medical screening and consultations. Corporate administration and The Ashok played a crucial role in facilitating the medical camp, ensuring smooth and efficient operations at the venue.” He further added, “This partnership between ITDC and the Delhi Heart and Lung Institute exemplifies our efforts to promote health and wellness, aligning with the goal of positioning India as a premier destination for medical and wellness tourism.”

This medical camp underscores ITDC’s commitment to community health; plans are already underway to conduct similar camp shortly, ensuring continued health support to ITDC employees.

Embassy REIT Announces the Completion of Embassy Splendid TechZone, Chennai Asset Acquisition

Chandigarh, India, June 4, 2024

Embassy Office Parks REIT  (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, announced today that it has completed the acquisition of Embassy Splendid TechZone (‘ESTZ’), a Grade-A business park in Chennai. The ₹1,185 crores acquisition was funded primarily through a debt raise of ~₹1,200 crores and internal accruals. This acquisition increases Embassy REIT’s total portfolio to 50.5 msf, positions it as one of the largest office REITs globally, and marks its entry into the new growth market of Chennai.

Aravind Maiya, Chief Executive Officer of Embassy REIT, said, “We are pleased to announce the completion of this accretive acquisition that facilitates the REIT’s entry into Chennai, one of India’s leading office markets. With this acquisition, we’re delighted to add another premium business park that perfectly complements and strengthens our high-quality office portfolio. While we evaluated funding this acquisition by issuing equity, we decided to finance it through debt and internal accruals, in the best interest of all our stakeholders. Given our diverse unitholder base and 92% public float, we will consider raising equity for defined purposes, when the markets are more conducive for us to do so.”

Transaction Highlights

  • 1,185 crores Enterprise Value is at a 9.2% discount to the average of two independent valuation reports
  • Accretive by 2.0% and 0.2% to FY2025 mid-point NOI and DPU guidance, respectively, and accretive to Mar’24 NAV by 0.2%, on a proforma basis*
  • Transaction financed primarily through debt at 8.05% and internal accruals
  • Stable cash flows from 95% occupancy on 1.4 msf completed buildings; leased to marquee multinational occupiers such as Wells Fargo and BNY Mellon, among others
  • Embedded growth from 1.6 msf of on-campus development and 2.0 msf future development potential
  •  Enhances Embassy REIT’s commercial portfolio by 11% to 50.5 msf, positioning the REIT as one of the largest office REITs worldwide

Mahindra Celebrates 25 Years of Bolero Pik-Ups: A Legacy of Reliability and Performance

Chandigarh/Mumbai, June 4, 2024: Mahindra & Mahindra Ltd. (M&M), the leader in Small Commercial Vehicles (SCVs) in India, proudly celebrates a significant milestone: 25 years of the iconic Bolero Pik-Up range. Over the past quarter-century, the Bolero Pik-Up has become synonymous with reliability, durability, and rugged performance, cementing its place as a trusted partner for businesses, entrepreneurs, and fleet operators across India.

Bolero MaXX PIK-UP - Image 1

To mark this remarkable journey, Mahindra has introduced the ‘Maxx ka Vaada’** offer. Available for a limited time, this special offer is designed to enhance the ownership experience for Maxx Pik-Up customers. It includes comprehensive benefits such as complimentary roadside assistance, all scheduled services, and an extended warranty for 5 years or up to 1 lakh kilometres, ensuring long-term uptime and peace of mind.

Nalinikanth Gollagunta, CEO – Automotive Sector, Mahindra & Mahindra Ltd., said, “At Mahindra, we take pride in contributing to India’s economic growth by developing customer-centric products that embody our commitment to the ‘Make in India’ initiative. The Bolero Pik-Up range has epitomised reliability and durability for 25 years, earning the trust of customers nationwide. The ‘Maxx ka Vaada’ offer reaffirms our commitment to delivering exceptional value and support, showcasing Mahindra’s dedication to setting new standards of excellence within the pick-up segment. This celebration is not just about past achievements but also about our commitment to exceeding customer expectations in the future.”

Star Sports’ Icc Men’s T20 World Cup Promo Celebrates India’s Biggest Love – Cricket World Cup

Chandigarh, 23 May, 2024 – As the ICC Men’s T20 World Cup draws near, Star Sports, the official broadcaster of the tournament, has released a stirring promo film that expresses the deep-rooted love for cricket and the World Cup in the hearts of millions of Indians.

Star Sports Promo World Cup

In 2007, the country saw the beautiful ICC T20 World Cup trophy and fell in love with it at first sight. From the six sixes by Yuvraj Singh to Sreesanth’s catch in the final, this love affair has seen many beautiful moments. In 2022, the whole world witnessed the passion of this love, when Kohli made the comeback of the century against Pakistan.

As a new chapter in this love story is approaching – the promo film showcases how the love for this great prize captures the Indian imagination. The film encapsulates the essence of ardent devotion, depicting everyday individuals, from young children to seasoned veterans, enthusiastically honing their cricketing skills. Whether it’s swinging an invisible bat, perfecting bowling run-ups, or practicing fielding drills, the film portrays the indelible bond between the nation and its favorite pastime, and how the excitement is peaking as the ICC T20 World Cup approaches.

Speaking on the promo-film, Vikram Passi, Head – Marketing, Disney Star said, “Cricket is more than a sport in India; & the ICC Men’s T20 World Cup is its biggest celebration .The “Air Cricket” campaign is a celebration of our love & passion for the cricket world cup. The campaign is based on a simple idea ,Passion for the cricket world cup in the period preceding & during manifests into people instinctively start playing an imaginary game , start mimicking the actions of our favorite cricketers. The fact that fans of all ages , gender , across the length & breadth of the country have themselves played air cricket on numerous occasions increases the relatability & memorability of the campaign.”

With the ICC Men’s T20 World Cup 2024 set to commence on June 2nd, Star Sports invites cricket enthusiasts from every corner of India to join in the excitement and cheer for Team India as they aim to bring the T20 Cricket World Cup back home. India finds itself placed in Group A alongside Pakistan, Ireland, Canada, and the USA. Their journey kicks off with a match against Ireland in New York on June 5, followed by a highly anticipated clash against Pakistan four days later at the same venue. Co-hosts USA will face India on June 12 in New York, and India will conclude their group stage fixtures with a match against Canada on June 15. Fans can catch all the action live on Star Sports Network and Disney+ Hotstar, with matches scheduled to start at 8.00 pm IST.

Do not miss the action-packed ICC Men’s T20 World Cup 2024, LIVE & Exclusive on Star Sports Network and Disney+ Hotstar on 2nd June, 2024 onwards

Pracheen Kala Kendra, Chandigarh

Pracheen Kala Kendra promoting and supporting Art and Artist since 1956

Pracheen Kala Kendra, Chandigarh is the premier educational organization that is doing yeoman service for the promotion, preservation, and dissemination of Indian classical arts of music, dance, and fine arts (painting) since its inception in 1956.

Pracheen Kala Kendra, having its Headquarters in Chandigarh, an enormous sister set-up in Mohali (Punjab), a zonal office for Eastern India at Kolkata, Liaison offices at Bhubaneswar (Odisha), and at Ludhiana (Punjab), a new regional office opened in New Delhi is one of the oldest, premier and prestigious organizations of the country which is imparting quality education and training in the subjects of Indian Classical Music including Carnatic Music (Vocal & Instrumental), Classical Dances and Fine Arts for the last 58 years.

Established in 1956 and registered under the Registration of Societies Act, 1860, the Kendra, over the years, has achieved unprecedented success in its defined goals, and identically it is functioning on the pattern of Open University of performing and visual arts.

The Kendra has acquired professional competence and expertise in holding various examinations in the subjects of Music, Dances, and Fine Arts which are conducted through a network of more than 3,500 affiliated centers i.e. schools/institutions of Music and Dance situated not only all over India but so also in various countries abroad including USA, UK, Canada, Mauritius, Singapore, Nepal, Kuwait, Malaysia, South Africa, Dubai, etc. The student strength of over three lakhs makes it the largest organization in the field of arts education.

In the brief conversation with Shri Sajal Koser, Secretary of Pracheen Kala Kendra.

1.We all know Pracheen Kala Kendra always supports artists since 1956 even in the lockdown period also, Pracheen Kala Kendra always stands beside artists, Kendra has organised Web Baithak for more than one year, also some big offline events in the past few months back.

Ans: Yes, Pracheen Kala Kendra always works for the art and the artists. With blessings as well as the support of all associated and concerned, Kendra during the first lockdown, from June 2020 onwards, started Webaithaks and up till now, Kendra has organised 38 Webaithaks featuring artists of all genres of classical music and dance from all over the country. Apart from this, taking into consideration and fully complying with the Government guidelines, Kendra organised various offline events during this period and various cultural events were held at Chandigarh, Kolkata, New Delhi, Jamshedpur, Durgapur, Habra (West Bengal), Patna, Agra, and Indore.

2. Pracheen Kala Kendra has been constantly supporting Art and artists since 1956.And always try to help artists financially. Please describe

Ans: Yes, Kendra has always been supporting artists. In fact, Kendra has about 3800 affiliated centers all over India and abroad which are being run by musicians and artists. Kendra works as per a duly approved and passed a budget and the entire expenditure is incurred as per the budget provisions. The Kendra has budget provisions for center holders’ welfare & medical assistance, etc., for Kendra’s staff welfare fund and donation for medical and children education, etc., Grant in Aid to center holders and affiliated institutions for cultural activities, etc. and Grant in Aid & Scholarship to meritorious students, Physically handicapped talented students and donations for charitable purposes. Though last about one year has been difficult for all of us and we are going through tough times but with all blessings, Kendra towards the fulfill its Aims and Objects and also do its bit of contribution for the artists have incurred an expenditure of Rs. 35 lakhs for cultural events offline and online all over India and financial help to the center holders and others working/ associated with the Kendra.

3. We know more than 3 lakhs students are part of Pracheen Kala Kendra. How is it affecting students in this lockdown period?

Ans: Yes, the strength of the students has come down to about 50% and this effect has come all over during COVID-19 and in fact, some areas have been badly hit much worse than others. Since we firmly believe in positivity therefore we strongly believe and are hopeful that things will improve in the near future and we all come out of these difficult and tough times.

4. What will you say to people, especially Musicians to stay positive in this lockdown?

Ans: Yes, my message to all the musicians is to be grateful for what they have, always thank God for the gift of health, live with a positive attitude in the present, and always be hopeful that everything will and is going to be alright. Our ancient Indian cultural heritage is divine and we all must take all the courage and strength from this immensely rich legacy. In this regard, I will give the example of a beautiful inspirational message/story of hope, “The four candles”. Wishing everyone the best of health and well-being.

The Interview is given by Shri Sajal Koser, Secretary of Pracheen Kala Kendra Chandigarh

Post-pandemic living: NoBrokerHood app set to make society living safer and efficient in 50 new cities by June 2021

Building on its post-COVID-19 growth trajectory, NoBrokerHood – the visitor, society, and payments management app by NoBroker.com – is set to launch its services in 50 new cities over the next six months. Already available in 11 cities, the new expansion drive will see the innovative app making inroads in high-density urban markets such as Surat, Chandigarh, Coimbatore, Raipur, Lucknow, Vizag, etc. The expansion is estimated to provide secure and convenient living services to about 1,00,000 housing societies spread across these regions.

NoBroker has set aside INR 150 crore towards its expansion plans. Since the novel coronavirus outbreak, NoBrokerHood has made it safer for residents in housing societies to function as a part of the community through its society management application. When the first lockdowns were implemented, the app launched a grocery store overnight to help people procure daily essentials by partnering with grocery giants such as Bigbasket and ITC.

Its array of features also enables residents to mitigate the risk of COVID-19 spread. One such feature, Touchless Entry, uses facial recognition to detect residents and frequent visitors such as domestic help, drivers, and other staff, helping them minimize physical contact. The app also comes with a health tracker feature, integrated with Aarogya Setu, to optimize physical distancing efforts at the individual level.

NoBrokerHood’s features fall in line with its parent organisation’s mission of leveraging advanced technologies to enhance the consumer experience. Underscoring its unique value is the fact that the app has experienced 8x growth over the last 4-5 months, growing from less than 700 societies in March to 6000 societies currently.

Commenting on the next phase of expansion, Amit Agarwal, CEO and Co-founder – NoBroker.com, said, “NoBrokerHood provides an integrated application for visitor, society, and payment management services. This cross between world-class technology, customer-centric thought, and service enablement is why we have received an enthusiastic consumer response since its launch in 2018. New features, such as Touchless Entry and health tracker, were also introduced in the wake of the pandemic to cater to the emerging needs of society residents. The surge in the app’s adoption during the viral outbreak and ensuing lockdowns highlights its relevance in the ‘new normal’. Our decision to expand its geographical presence is built on this solid reception.”

“More importantly, the cities we plan to cover under the next phase of our growth have about 1,00,000 housing societies looking for innovative solutions to the pandemic-induced social distancing and lockdown regulations. We believe that, through our unique value proposition, we can make their residential experience safer as well as more convenient,” he added.

Society living is finding greater favour among new-age families on account of the benefits and amenities packaged within gated communities. NoBroker.com believes that the demand for robust security features will continue to rule the roost, especially with the pandemic factor now present in the residential equation. With more than 2 lakh societies in India, the company is optimistic about the limitless potential for disruption and growth and aims to be serving the needs of residential societies in 100 cities by end of 2021.