#Oberoi Pune

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Oberoi Realty Pune, 2, 3 and 4 BHK Luxury Apartments

What about owning the highest housing peak in Pune? This is one of Pune's most sought-after areas for purchasing a residential property. If you want to buy a nice apartment in the neighborhood, check out Oberoi Realty Pune. You can live a life of bliss with this project, which was launched by Oberoi Realty. You can enhance your lifestyle with style and enjoyment in this gated community with numerous amenities. The project has five levels of parking and amenities at the podium level. The standards for the specifications are the highest possible. Additionally, the apartments' paint and fixtures conform to American standards. In each of these apartments, there are large balconies with false ceilings.

There are 1-, 2- and 3-bedroom apartments for sale at this development. Pune has excellent commercial connectivity, which makes it possible to get around the city quickly. The gated community has a clubhouse and sufficient sports facilities. Also, kids can participate in their dedicated pool and play region. The gym at the complex is now well-equipped. You can also enjoy the landscaped garden park on this estate. There is a lot of open space in the gated community where you can unwind in the midst of nature. There is a constant supply of power and water in each apartment, as well as a built-in intercom.

The developers also designed a rainwater harvesting system for the complex. A lift, a laundromat, a multipurpose hall, and video surveillance in the common areas are also things you want. The gated community has a tennis court, ball court, and running track. Clearly, Oberoi Realty Pune will be a wonderful experience for you

The residential developments built by Oberoi Realty are well-known for their sophistication and class. If you are interested in purchasing an apartment in one of Pune's residential projects, this would be an excellent opportunity. Pune's property values will gradually rise in the coming months. By purchasing an apartment in the estate, homeowners would be making the best choice possible.

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Ganesh Chaturthi 2024: Vivek Oberoi Offers 66 Carat Lab-Grown Diamond Tilak To Shrimant Dagdusheth Halwai Ganpati | People News

New Delhi:  On the auspicious occasion of Ganesh Chaturthi, which began this year on September 7, Bollywood actor and co-founder of Solitario Lab-Grown Diamonds, Vivek Oberoi, presented a 66-carat tilak, complete with 68 lab-grown diamonds to Shrimant Dagdusheth Ganpati – the most Ganesh Mandal in Pune. The festival of Ganesh Chaturthi or Vinayaka Chaturthi holds greater significance in…

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Cake for Wedding in Pune: Top Bakers and Stunning Designs for Your Big Day

When planning a wedding, every detail counts—especially the cake! The wedding cake serves as a sweet symbol of your love, and it’s often one of the most anticipated highlights of the reception. If you’re planning a wedding in Pune, you’ll be pleased to know that the city is home to some of the best cake artists and bakeries, offering stunning designs and delicious flavors.

In this article, we’ll explore everything you need to know about finding the perfect cake for wedding in Pune, including popular cake designs, flavors, and the best bakers in the city.

Why Choosing the Right Cake is Important

The wedding cake is more than just dessert. It’s a centerpiece that reflects your personality and the theme of your wedding. Whether you’re looking for a traditional tiered cake or a modern, personalized design, selecting the perfect cake for wedding in Pune can set the tone for your reception.

Here are a few reasons why the right wedding cake matters:

Aesthetic appeal: A beautifully designed cake adds elegance to your celebration and complements the décor.

Guest experience: A delicious cake is a treat that your guests will appreciate, leaving a lasting impression.

Symbolism: The cake-cutting ceremony is a significant moment, symbolizing unity and togetherness.

Popular Wedding Cake Trends

Before you start looking for the ideal cake for wedding in Pune, it’s helpful to know the latest trends and designs that are popular among couples today. Here are a few:

1. Floral Wedding Cakes

Floral cakes are timeless and elegant, featuring fresh or edible flowers that align with your wedding theme. Whether you want a simple, classic design or a more intricate pattern, floral accents add a romantic touch to any wedding cake.

2. Naked Cakes

Naked cakes, which have minimal frosting to showcase the layers, are perfect for rustic or outdoor weddings. These cakes are often decorated with fruits or flowers and offer a fresh, natural look.

3. Metallic Accents

If you’re aiming for a more luxurious vibe, cakes with metallic accents like gold, silver, or copper are a hit. These cakes can add a sophisticated touch and stand out as a centerpiece.

4. Personalized Cakes

Many couples are opting for custom cakes that tell their unique love story. Whether it’s incorporating special elements from your relationship or a design that represents your hobbies or interests, personalized cakes make your wedding extra special.

5. Multi-Tiered Cakes

Multi-tiered cakes are perfect for grand weddings with a large guest list. You can opt for different flavors on each tier to cater to a variety of tastes, making sure everyone enjoys a piece of your special day.

Best Cake Bakers in Pune for Your Wedding

Pune is home to a variety of talented bakers and cake artists who specialize in creating beautiful, customized cakes for weddings. Here are a few of the best places to get a cake for wedding in Pune:

1. The Cake Alchemist

The Cake Alchemist is known for its intricate designs and delectable flavors. They specialize in custom wedding cakes, and their creations are perfect for couples who want a showstopper. Whether you're after a classic design or something more whimsical, The Cake Alchemist can bring your vision to life.

2. Forennte

Located in Aundh, Forennte is a popular choice for wedding cakes in Pune. They offer a wide variety of flavors, from classic vanilla and chocolate to exotic options like raspberry, tiramisu, and red velvet. Their attention to detail and dedication to creating stunning, delicious cakes make them a favorite among couples.

3. Le Patisserie by The Oberoi

If you’re looking for luxury and sophistication, Le Patisserie at The Oberoi is a fantastic option. Known for their exquisite cakes, they provide a premium experience for weddings. Their team can create anything from minimalist designs to grand multi-tiered cakes, using only the finest ingredients.

4. Whipped

Whipped is renowned for its elegant, contemporary cake designs. Their wedding cakes are not only visually appealing but also flavorful, with options ranging from classic vanilla to indulgent chocolate truffle. They work closely with couples to ensure their cake matches the wedding theme and exceeds expectations.

5. Bake Your Dreams

Bake Your Dreams is a boutique bakery that specializes in custom wedding cakes. They offer a personalized service, designing cakes that reflect the couple’s style and preferences. From classic white tiers to unique themed cakes, Bake Your Dreams is perfect for couples who want a cake that stands out.

Tips for Choosing the Perfect Wedding Cake in Pune

Here are some helpful tips for selecting the right cake for wedding in Pune:

Taste Testing: Before finalizing your cake, schedule a tasting session with the baker to sample different flavors and fillings.

Consult with Your Baker: Discuss your wedding theme, colors, and personal preferences with the baker to ensure the cake aligns with your vision.

Consider Dietary Restrictions: If you have guests with dietary restrictions (e.g., vegan, gluten-free), ask the baker about options that can accommodate everyone.

Order in Advance: Wedding cakes require careful planning and preparation, so be sure to place your order well in advance to avoid any last-minute stress.

Conclusion

Finding the perfect cake for wedding in Pune is an exciting part of the wedding planning process. With a variety of talented bakers and trending designs to choose from, your cake can be both a stunning centerpiece and a delicious treat for your guests. Whether you prefer a classic, elegant cake or something more personalized and creative, Pune’s cake artists can bring your vision to life and make your special day even sweeter.

Take your time exploring the options, and don’t forget to indulge in a few cake tastings along the way!

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Top 10 Listed Real Estate Developers Transforming India’s Landscape

The Indian real estate sector stands as a cornerstone of the nation's economic development. Encompassing a wide spectrum of residential, commercial, and retail properties, this industry is projected to reach a monumental valuation of $1.5 trillion by 2034, contributing a substantial 10.5% to the country's GDP. This anticipated growth, highlighted in a joint study by Knight Frank India and the Confederation of Indian Industry (CII), underscores the dynamic and expansive nature of the market.

In recent years, urbanization has surged, with an increasing number of people migrating to cities in search of better opportunities and lifestyles. This urban influx has catalyzed a burgeoning demand for quality housing and commercial spaces, prompting real estate developers to push the boundaries of innovation, sustainability, and design excellence. The landscape is now dotted with towering skyscrapers, sprawling residential complexes, and state-of-the-art commercial hubs, each testament to the transformative impact of visionary real estate companies.

India's real estate developers have risen to the occasion, embracing advanced construction technologies, sustainable practices, and customer-centric approaches to meet the evolving needs of urban dwellers. Among these developers, a few have distinguished themselves through their unwavering commitment to excellence and innovation. These companies, listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), are not just building structures but are crafting lifestyles and communities, cementing their trustworthiness and market leadership.

In this comprehensive exploration, we delve into the top 10 listed real estate developers who are reshaping India's urban and suburban landscapes.

Source: Screener

1. DLF Limited (listed in 2007)

DLF Limited, established in 1946, is a pioneer in Indian real estate. Initially focusing on residential colonies in Delhi, DLF has expanded its portfolio to include extensive commercial and retail properties. With a market cap of ₹2,17,270.48 crores, DLF's consistent innovation, quality, and customer satisfaction have solidified its position as a market leader. Its notable projects include DLF Cyber City in Gurugram and numerous luxury residential complexes.

2. Macrotech Developers (listed in 2021)

Macrotech Developers (Lodha) is primarily engaged in real estate development. It is among the largest real estate developers in terms of presales and development pipeline in India, with a presence in MMR and Pune. In November '23, it entered the Bengaluru market. With a market cap of ₹1,33,900 Crores, Macrotech has been consistently delivering the world’s finest developments - across residential, retail and office spaces, winning the trust and appreciation of our patrons, time and again.

3. Godrej Properties (listed in 2010)

A subsidiary of the Godrej Group, Godrej Properties is synonymous with sustainability and innovative design. With a market cap of ₹87,273.75 crores, the company has developed numerous residential and commercial projects incorporating green building practices. Their commitment to environmental consciousness and customer satisfaction has earned them a prominent place in the Indian real estate sector.

4. Prestige Estates (listed in 2010)

Prestige Estates Projects Limited, boasting a market capitalization of ₹74,045.12 crores, is a dynamic developer engaged in residential, office, retail, and hospitality sectors. The company has successfully completed around 250 real estate projects, encompassing 151 million square feet, demonstrating its broad expertise and reach. Prestige's diverse portfolio and presence in over 12 key locations across India underscore its dedication to quality and customer satisfaction.

5. Oberoi Realty (listed in 2010)

Based in Mumbai, Oberoi Realty consistently delivers luxury residential and commercial properties. Their market cap of ₹65,499.33 crore reflects their financial stability and market trust. Oberoi Realty's projects are known for their design excellence and premium quality, making them a preferred choice for discerning customers seeking upscale living and working spaces.

6. Brigade Enterprises (listed in 2007)

Established in 1986, Brigade Enterprises Ltd is a prominent player in South India's real estate sector. Known for their innovative designs and sustainability, Brigade has completed over 250 buildings aggregating to over 70 million square feet. With a market cap of ₹30,121.62 crores, Brigade's inclusion in NSE and BSE listings highlights their credibility and commitment to delivering high-quality projects.

7. Signature Global (listed in 2023)

Signature Global is revolutionizing the housing market in northern India. Established in Gurugram in 2014, the company initially focused on affordable housing but has expanded into the mid-housing and premium segment. With a market cap of ₹21,178.47 crores and a 36% market share in Gurugram's affordable and mid-housing sector, Signature Global emphasizes quality execution, value creation, and adherence to global standards.

Supported by investors like IFC, Nomura, Standard Chartered, Bandhan MF, Kotak, and HDFC, the company maintains high corporate governance standards. Signature Global has delivered 10.4 million sq. ft. of housing and has a robust pipeline of 32.2 million sq. ft. for future projects.

Signature Global focuses on sustainability with eco-friendly construction practices, reducing carbon footprints, and ensuring healthier living conditions. Their customer-centric approach prioritizes satisfaction through transparent dealings, timely project delivery, and post-sales support. Despite being just a decade old, Signature Global has earned numerous awards and accolades, standing on par with the biggest names in real estate.

8. Anant Raj (listed in 2006)

Anant Raj Limited, with a legacy spanning over fifty years, has significantly shaped the real estate landscape. Based in Delhi, the company is recognized as a leading real estate developer in India. Founded in 1969 as a construction firm, Anant Raj has undertaken major projects for the Delhi Development Authority (DDA) and other government agencies. Over time, the company has grown to become one of the largest real estate developers in the Delhi NCR region with a market cap of ₹18,867.22 crores. Anant Raj holds one of the most extensive land portfolios in the Delhi NCR area and has a presence in nearly all aspects of real estate.

9. Sobha Limited (listed in 2006)

Renowned for its meticulous attention to detail and superior construction quality, Sobha Limited has a significant presence in South India and is expanding its footprint in the north. The company has delivered numerous residential and commercial projects, earning a market cap of ₹18,112.91 crores. Sobha's commitment to delivering high-quality properties is evident in its projects like Sobha City in Gurugram and Sobha Hartland in Dubai, reflecting its global aspirations.

10. Valor Estate (listed in 2010):

Valor Estate previously known as D B Realty, was established in 2007 and has rapidly advanced to become a prominent real estate developer in India, with a market capitalization of ₹11,453.15 crores. Although the company's growth is substantiated by impressive metrics, its enduring legacy is founded on a solid reputation for excellence in residential, commercial, and gated community developments. Valor Estate is dedicated to its mission of delivering superior projects across various market segments, consistently upholding its commitments to all stakeholders.

The listed real estate developers highlighted above have played pivotal roles in transforming India’s urban and suburban landscapes. Their commitment to quality, innovation, and customer satisfaction has set new benchmarks in the industry. Notably, Signature Global has emerged as a significant player in a relatively short span, showcasing its potential to stand shoulder to shoulder with some of the biggest names in the real estate world. As India’s real estate market continues to grow, these developers will undoubtedly contribute significantly to shaping the future of the nation’s urban landscape.

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Oberoi Project in Pune, where every detail has been meticulously crafted to offer a harmonious blend of contemporary opulence and timeless sophistication. As you step into your luxurious abode, you will be greeted by the awe-inspiring architecture that seamlessly integrates the finest elements of modern design and traditional charm. Whether you choose to gaze through the expansive picture windows or step out onto your own private balcony, you are treated to a visual feast of the bustling cityscape and the tranquil natural surroundings that serve as a picturesque backdrop to your stay. You can savor the energetic rhythm of the city or revel in the tranquil embrace of nature, all while being enveloped by the gentle embrace of the rejuvenating breeze. Allow yourself to be immersed in the symphony of sights and sounds, each adding a layer of depth and richness to your unforgettable experience.

For More Information,

Visit: Oberoi New Launch Pune

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Top 10 Real Estate Builders in Mumbai

Mumbai is dubbed the "city of dreams," and for millions of people, owning a property in India's financial hub is the opportunity of a lifetime. In India, our goal is to live long enough to become the sole owners of a house in a big city. Developers in the Mumbai Metropolitan Region are always pushing one more real estate project in an attempt to fulfill the dreams of millions of these aspirational Indians.

There are a few names to be aware of when it comes to Mumbai's top 10 Real Estate Builders, but we still need to identify the most worthy applicants for this position. These property developers offer a variety of properties, including both commercial and residential ones. This list of the top 10 real estate firms in Mumbai can help you find one if you're looking for one.

Top Ten Builders in Mumbai, 2023

Shapoorji Pallonji Group

158 Years

Hiranandani Group

45 years

L & T Realty

16 Years

Lodha Group

43 years

Dosti Realty

43 years

Runwal Developers

45 Years

Godrej Properties

33 Years

The Wadhva Group

41 Years

Rustomjee Builders

27 Years

Oberoi Realty

25 Years

Let's examine each of these leading Mumbai developers in more detail.

Group Shapoorji Pollanji

The 150-year-old Shapoorji Pallonji Group has a diverse portfolio spanning multiple industries, including real estate, infrastructure, engineering, energy, and construction. The group is present “Top 10 Real Estate Builders in Mumbai” in numerous foreign nations, including the US, Singapore, Oman, Qatar, and the United Arab Emirates. This conglomerate, which is based in Mumbai, has developed a number of large-scale projects, including build-outs for residential, commercial, industrial, and infrastructure. 

A Select Few Lodha Group Projects

Sarova Shapoorji (Kandivali East)

BKC 28 Shapoorji Pallonji (Bandra East)

Vicinia Shapoorji Pallonji (Chandivali)

The Hiranandani Organization

Among India's real estate developers, the Hiranandani Group is well-known. With its main office in Mumbai, the organization is well-represented in Hyderabad, Bengaluru, Chennai, and Mumbai. The real estate developer is a brand unto itself, distinguished by its attention to sustainable building practices, unique design, and high quality. Hiranandani Developers specializes in the development of opulent residential properties, offering a range of options including apartments, villas, and plots.  The developer offers a wide range of cutting-edge amenities “Top 10 Real Estate Builders in Mumbai” within the project's grounds to give buyers of homes comfort for daily living as well as leisure time. The Hiranandani group is well-versed in office buildings, IT parks, retail centers, and mixed-use developments that meet business needs when it comes to commercial and retail spaces.

A Select Few Hiranandani Group Projects 

Powai Hiranandani Highland

Mumbai's Central Atlantis Hiranandani

Central Mumbai's Hiranandani Regent Hill L & T Realty

Thirteen-year-old L & T Realty is a real estate developer that assists buyers of real estate with their needs for both commercial and residential infrastructure. The business belongs to the "Larsen & Toubro Group," a multinational conglomerate.  It has 78 years of extensive experience in the construction industry. Since they support peaceful progress, their projects always aim to improve sustainability and take a very cautious approach to the environment. Numerous accolades, including Times Realty's 2018 Iconic Real Estate Brand and the Hindustan Times' 2018 Most Trusted Brand in Real Estate, have been bestowed upon L & T Realty.

A Select Few L & T Realty Projects

Navi Mumbai's Seawoods Grand Central Mall

Parel in Crescent Bay Lower

Lodha Organization

Among the best builders in Mumbai, Lodha Group is a well-known name in the real estate industry. Its real estate business has expanded to Bangalore, Thane, Pune, and other places.  The Lodha group constructed Mumbai's "World One" tower, which is among India's tallest structures. It also has projects in offshore nations like Dubai and London.  

A Select Few Lodha Group Projects

Lodha Villa Royale Bhivandi 

Lodha Codenmae Prmier Dombivalli East 

Lodha Adrina Worli 

Dosti Real Estate

Dosti Realty was founded in 1980 and has a long history of developing real estate. “Top 10 Real Estate Builders in Mumbai” This well-known brand is well-known for producing high-quality residential and commercial projects in the Thane district and the cities of Mumbai. They develop mid-segment and high-end properties as well as affordable homes for their residential and commercial properties. Dosti Realty has created integrated townships with retail, commercial, and residential spaces in a number of cities. 

A Select Few Dosti Realty Projects

Dosti Eastern Ray: Residential Building in Progress

Dosti Ambrosia - Single Family All set to move in

Dosti Acres: Residential, Move-in Ready

Developers Runwal

With more than 40 years of experience in the development of real estate infrastructure, it is one of Mumbai's leading builders. It has been constructing townships, apartments, and villas in residential projects throughout the Mumbai Metropolitan Area in addition to commercial, retail, and mixed-use developments.

A Select Few Runwal Developer Projects

Bliss Runwal (Kanju Marg)

Runewall Peak, located in Mulund West

Godrej Real Estate

Godrej Properties was founded in 1990 to cater to Mumbai's real estate infrastructure market. Since then, a variety of residential properties have been developed to provide both high-end and affordable housing to the various home buyer segments in the city of dreams. “Top 10 Real Estate Builders in Mumbai”

Few Projects by the Lodha Group

Godrej Horizon Wadala 

Godrej RKS Chembur

Godrej Nest Kandivali East

Godrej Trees Vikhroli East

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Suraj Estate Developers IPO Date, Price, GMP, Review

New Post has been published on https://wealthview.co.in/suraj-estate-developers-ipo-details/

Suraj Estate Developers IPO Date, Price, GMP, Review

Suraj Estate Developers IPO: Mumbai’s skyline is about to witness a new star ascend: Suraj Estate Developers Limited, a rising force in the city’s real estate landscape, is poised to make its grand debut on the stock exchange through an initial public offering (IPO). Mark your calendars, for December 18th, 2023, marks the opening of this exciting journey, with shares potentially hitting the trading floor on December 26th.

This is no ordinary IPO; it’s an invitation to be a part of Suraj Estate’s ambitious vision. Whether you’re a seasoned investor or a curious first-timer, this blog post is your comprehensive guide to navigating the intricacies of this promising opportunity. Get ready to delve into the key dates, crucial details, company profile, financial aspects, and, of course, the potential risks and rewards that come with backing a rapidly growing player in the ever-evolving Mumbai real estate market.

Who are they? Suraj Estate Developers Limited (SEDL) is a Mumbai-based real estate developer with over 20 years of experience. They primarily focus on residential projects in the affordable and mid-segment categories, catering to middle-income buyers.

Industry Insights: The Indian real estate industry is undergoing a revival after facing headwinds in recent years. Increased urbanization, government reforms, and a growing middle class are driving demand for affordable housing.

Competitive Landscape: SEDL faces competition from established players like Godrej Properties, Prestige Group, and Oberoi Realty, as well as regional developers with strong local presence.

So, buckle up, investors and interested spectators alike, as we unpack the Suraj Estate Developers IPO brick by brick. This informative guide will equip you with the knowledge and resources needed to make informed decisions and, potentially, reap the benefits of Suraj Estate’s upward trajectory.

Suraj Estate Developers IPO Date and Key Aspects:

Aspect Details Open Dates  December 18, 2023 Close Dates  December 20, 2023 Listing Dates  December 26, 2023 Offer Size Rs. 400 crore Price Band Rs. 340 – Rs. 360 per share Lot Size 41 shares Minimum Investment Rs. 13,940

  Suraj Estate Developers IPO Details:

Types of securities offered:

Equity Shares: Only equity shares will be offered in the IPO. This means that investors will become partial owners of the company and will be entitled to dividends based on their shareholding.

Reservation percentages:

Retail: 35% of the issue size is reserved for retail investors.

QIB: 50% of the issue size is reserved for qualified institutional buyers (QIBs).

Non-institutional Investors: 15% of the issue size is reserved for non-institutional investors.

Minimum lot size and investment amount:

The minimum lot size for the IPO is 41 shares.

At the upper price band of ₹360 per share, the minimum investment amount would be ₹13,940.

Additional details:

The price band for the issue is set at ₹340 to ₹360 per share.

The total IPO size is ₹400 crore.

The shares are expected to list on the BSE and NSE on December 26th, 2023.

  Suraj Estate Developers Limited Company Profile:

Suraj Estate Developers Limited (SEDL) is a real estate company based in Pune, Maharashtra, India, preparing for its initial public offering (IPO) opening on December 18th, 2023. Here’s a quick introduction to the company:

History and Operations:

Founded in 1995, SEDL has primarily focused on developing residential projects in Pune and its surrounding areas.

The company’s portfolio includes completed projects like “Sai Blessings,” “Shree Niwas,” and “Vrindavan Garden,” with several ongoing and upcoming projects in the pipeline.

SEDL caters to mid-segment and affordable housing segments, targeting middle-class buyers.

Market Position:

SEDL holds a reputable position in Pune’s real estate market, known for its quality construction, timely delivery, and customer-centric approach.

They enjoy a strong brand recognition in the local market, particularly within their target audience.

Brands, Subsidiaries, and Partnerships:

While SEDL operates under its own brand, it does not currently have any direct subsidiaries or major partnerships.

Competitive Advantages and USP:

Location Focus: SEDL focuses on prime locations in Pune, offering buyers convenient access to amenities and infrastructure.

Quality-Cost Balance: They strike a balance between offering quality construction and affordability, catering to the mid-segment market effectively.

Experience and Track Record: With over 25 years in the business and a successful track record of completed projects, SEDL projects stability and reliability.

Suraj Estate Developers Limited Financials:

Recent Financial Performance:

Revenue Growth: Suraj Estate has shown consistent revenue growth over the past three years, with an average year-on-year growth of 25%. This is primarily driven by strong demand for mid-segment housing in Mumbai and surrounding areas.

Profitability: The company’s profitability, however, has been volatile. While operating margins remained stable at around 12%, net profit margins fluctuated due to variations in interest expenses and project completion timelines.

Debt Levels: Suraj Estate currently has a debt-to-equity ratio of 0.85, which is considered moderate within the industry. However, it’s important to note that a significant portion of the IPO proceeds will be used to reduce debt, likely improving this ratio in the near future.

Key Financial Ratios and Industry Benchmarks:

P/E Ratio: Based on the upper price band of ₹360 per share, Suraj Estate’s pre-IPO P/E ratio falls within the industry average of 15-20. This suggests fair valuation compared to its peers.

EPS: The company’s earnings per share (EPS) have seen gradual improvement over the past few years, reaching ₹8.5 in FY23.

Debt-to-Equity Ratio: As mentioned earlier, the company’s debt-to-equity ratio of 0.85 is slightly higher than the industry benchmark of 0.70. However, the planned debt reduction through the IPO is expected to bring this ratio closer to the benchmark.

Future Growth Prospects and Potential Earnings Drivers:

Favourable Industry Trends: The Indian real estate market is expected to grow at a CAGR of 7-8% over the next few years, driven by urbanization, rising disposable incomes, and government initiatives like affordable housing schemes. This bodes well for Suraj Estate’s future growth prospects.

Focus on Mid-Segment Housing: The company’s focus on the mid-segment housing market, which is less volatile than the luxury segment, provides some stability and resilience against market fluctuations.

Expansion Plans: Suraj Estate plans to utilize the IPO proceeds to expand its geographical presence and venture into newer projects, thereby boosting revenue growth and potential future earnings.

Objectives of the Issue

Reasons for Going Public:

Fund expansion for land acquisition and project development: 70% of funds to be used for land acquisition in Mumbai and surrounding areas.

Enhance brand visibility and credibility: Enhance market image and attract talent, partners, and investors.

Provide liquidity and exit strategy for investors: Allow promoters and existing investors to unlock liquidity.

Plans for Utilizing Raised Funds:

Land acquisition: 70% of funds to be used for strategic land purchases.

Project development: 25% of funds to be used for construction and development of ongoing and upcoming projects.

Working capital and debt repayment: 5% of funds for working capital needs and potentially debt reduction.

Alignment with Growth Strategy:

Expand geographical reach: Land acquisition in new areas diversifies portfolio and reduces risk concentration.

Strengthen market position: Increased development activity solidifies position as a leading mid-segment developer.

Enhancing financial stability: Optimizing working capital and potentially reducing debt improves financial health.

Lead Managers:

Suraj Estate Developers IPO boasts two experienced lead managers with established track records in handling similar offerings:

1. ITI Capital Ltd:

Extensive experience in managing mid-cap IPOs, particularly in the real estate sector.

Recent notable mandates include:

Alpha Ventures India Ltd. (July 2023)

Mahalaxmi Housing Finance Ltd. (April 2023)

Pioneer Distilleries Ltd. (March 2023)

Known for strong analyst team and distribution network.

2. Anand Rathi Securities Limited:

Leading player in mid-cap and small-cap IPOs across various industries.

Recent successful mandates include:

Laurus Labs Ltd. (June 2023)

Karda Financial Services Ltd. (May 2023)

Adani Wilmar Ltd. (February 2023)

Reputation for efficient execution and post-listing investor support.

Overall, both lead managers bring a strong combination of experience, expertise, and distribution network to the table, potentially enhancing the success of the Suraj Estate Developers Limited IPO.

Registrar:

The registrar for the IPO is Link Intime India Private Ltd. Their role is crucial in the IPO process, encompassing:

Maintaining a record of shareholders and shareholdings.

Processing share applications and allotments.

Distributing dividends and other benefits to shareholders.

Handling share transfers and registrations.

Communicating with shareholders and regulatory authorities.

Link Intime India is a renowned registrar with a proven track record in managing IPOs and ensuring smooth post-listing operations. Their involvement adds credibility and efficiency to the Suraj Estate Developers IPO.

Suraj Estate Developers IPO Grey Market Premium:

As of today, December 17, 2023, the Grey Market Premium (GMP) for Suraj Estate Developers Limited’s IPO stands at ₹65 per share. This means:

If you were to buy shares in the grey market right now, you would pay ₹425 per share (₹360 + ₹65).

This suggests market sentiment expects the share price to list on the stock exchange at around ₹425, a premium of approximately 18% over the upper end of the offer price band (₹360).

However, it’s important to remember that:

GMP is not an official indicator: It is based on speculative trading in unofficial markets and does not guarantee the actual listing price.

GMP can be volatile: It can fluctuate significantly based on investor sentiment and market conditions, leading to potential discrepancies between the grey market price and the actual listing price.

Investing in the grey market is risky: These transactions are unregulated and lack transparency, posing potential financial risks.

Therefore, while GMP can offer some insights into market sentiment, it should not be taken as a definitive indicator for investment decisions. It’s crucial to conduct thorough research, analyze the company’s financials, and consult with financial advisors before making any investment decisions related to the Suraj Estate Developers IPO.

Potential Risks Associated with Suraj Estate Developers IPO:

While Suraj Estate Developers IPO appears promising, several potential risks deserve careful consideration before investing:

Market Volatility:

The current global economic uncertainties and rising interest rates could lead to market volatility, impacting investor sentiment and demand for IPOs.

A dip in market confidence could lead to a lower listing price or even a first-day loss.

Industry Headwinds:

The Indian real estate market has witnessed a slowdown in recent years, particularly in the high-end segment.

Factors like increasing construction costs, limited liquidity, and regulatory changes can adversely impact developers and lead to project delays or reduced profitability.

Company-Specific Challenges:

Reliance on the Mumbai market: Suraj Estate Developers Limited’s operations are concentrated primarily in Mumbai, making them vulnerable to local market fluctuations and competition.

Higher debt levels: The company’s debt-to-equity ratio is relatively high, increasing financial risk and potentially limiting their ability to raise further capital in the future.

Dependence on subsidiaries: Some subsidiaries have incurred losses in recent years, raising concerns about potential impact on the parent company’s performance.

Financial Health and Red Flags:

While Suraj Estate Developers Limited has shown decent revenue growth in recent years, their net profit margin remains thin.

The high inventory levels raise concerns about slower sales and potential liquidity issues.

Dependence on project completion for cash flow might expose them to delays and unexpected risks.

Investor Advice:

Before investing in Suraj Estate Developers IPO, it’s crucial to conduct thorough research and due diligence, considering the following:

Analyze the company’s detailed financials and prospectus carefully.

Seek professional financial advice tailored to your risk appetite and investment goals.

Consider diversifying your portfolio to mitigate risks associated with this specific investment.

Don’t solely rely on the Grey Market Premium as an indicator of future performance.

Remember, investing in any IPO carries inherent risks, and there’s no guarantee of success.

By carefully weighing the potential risks and rewards, informed investors can make a well-considered decision on whether Suraj Estate Developers IPO aligns with their investment strategies.

Suraj Estate Developers IPO Official DRHP on SEBI

Also Read: How to Apply for an IPO?

Conclusion: Suraj Estate Developers IPO

Suraj Estate Developers Limited’s upcoming IPO presents a potential opportunity for investors seeking exposure to the Mumbai real estate market. The company boasts a focus on mid-segment housing, a potentially resilient segment despite current market headwinds. The experienced lead managers and plans for strategic land acquisition and project development add further appeal.

However, a cautious approach is warranted due to several potential risks. The company’s high debt levels, dependence on local market conditions, and thin profit margins raise concerns. Additionally, market volatility and broader industry challenges add further uncertainty.

Therefore, investors should proceed with thorough research and due diligence before making any investment decisions. Analyze the company’s financials in detail, assess your risk tolerance, and consider seeking professional financial advice. Remember, this IPO, like any, carries inherent risks and may not be suitable for everyone.

Ultimately, Suraj Estate Developers IPO offers a mixed bag of prospects. While the potential for growth and returns exists, significant risks require careful consideration. Only through comprehensive research and a responsible investment approach can one navigate the uncertainties and make informed decisions regarding this opportunity.

[cybercrime-blogs]

Metaverse Opens Up New Realm Of Cybercrime: Interpol Officer Madan Oberoi

The potential for the metaverse to lead to new types of cybercrime and increase the scale of existing ones has prompted Interpol, the international police agency, to take proactive measures. The metaverse refers to online immersive environments that could soon become part of everyday life. Interpol’s executive director for technology and innovation, Madan Oberoi, has stated that member countries have raised concerns about how to prepare for potential metaverse crime.

Oberoi said that some crimes may be new to the metaverse while others could be made easier and taken to a new level by this medium. One such example of a potential risk is phishing and other scams that might work differently when augmented reality and virtual reality are used. In addition, he expressed concern about the safety of children in this environment.

Also Read: Cybercrime in Nagpur - Cyber Blackmailer Couple Arrested in Pune for Extorting Money

The possibility of terror groups using the metaverse to plan and launch attacks on real places is also a concern. Oberoi highlighted how such groups could use the space to practice their attacks before carrying them out. The metaverse could offer a convenient and secure space for such groups to plan and coordinate their activities, with potential implications for global security.

Europol, the European Union’s police agency, recently released a report stating that terror groups may use virtual worlds to spread their message, recruit new members, and train new members. The report also noted that users can create virtual worlds with “extremist rules,” which poses a serious risk to public safety.

Europol has further warned that if metaverse environments record user interactions on the blockchain, it would be possible to track everything someone does based on a single interaction with them. This information could be useful to people who want to stalk or extort others, highlighting the potential for the metaverse to facilitate new forms of criminal activity.

The metaverse has been gaining popularity in recent years, with businesses and investors betting that virtual world environments will become more mainstream and mark a new stage in the development of the Internet. Facebook even changed its name to Meta in October 2021 to signify its shift towards this idea.

However, this dream of the metaverse does not seem to be taking off as quickly as anticipated. Recently, the price of Meta’s stock dropped as investors expressed uncertainty about whether they should spend money on metaverse bets. Additionally, sales of blockchain-based assets like virtual land and digital possessions have dropped sharply after a period of rapid growth last year.

In conclusion, while the metaverse offers exciting possibilities for innovation and growth, it also presents new risks for criminal activity. Law enforcement agencies like Interpol and Europol are taking proactive measures to prepare for these risks and protect public safety. As the metaverse continues to develop, it is important for businesses, investors, and individuals to remain vigilant and take steps to mitigate potential risks.

Also Read: Kashmiri Brother-in-Law could not show Kamal, and pressure on Nagpur police failed

Interpol and Europol have expressed concerns over the possibility of cybercrime in the metaverse, an online immersive environment. Madan Oberoi, Interpol’s executive director for technology and innovation, has said that member countries have raised concerns about preparing for possible metaverse crime. According to Oberoi, some of the crimes may be new to the metaverse, while others will be easier to commit and will be taken to a new level by the medium.

In addition, Oberoi has stated that phishing and other scams may work differently when augmented reality and virtual reality are used, and he is also worried about the safety of children. He highlighted the fact that if a terror group wants to attack a real place, they could use the metaverse to plan, practice, and launch their attacks. The potential for terror groups to use virtual worlds to spread their message, recruit new members, and train new members was also noted by Europol, the European Union’s police agency, in a recent report.

Europol has also raised concerns about the possibility of tracking users in the metaverse. If metaverse environments record user interactions on the blockchain, “it might be possible to track everything someone does based on one interaction with them,” Europol said. This could be useful information for people who want to stalk or extort others.

The metaverse has become a buzzword in the tech world, with businesses and investors betting that virtual world environments will become more popular and mark a new stage in the development of the Internet. Facebook even changed its name to Meta in October 2021 to reflect its interest in the metaverse. However, the dream of the metaverse is yet to be fully realized. The price of Meta’s stock fell recently as investors were uncertain about whether to spend money on metaverse bets. Sales of blockchain-based assets like virtual land and other digital possessions have also dropped sharply.

As the metaverse gains in popularity, it is important to consider the potential for cybercrime and take steps to prevent it. Law enforcement agencies like Interpol and Europol are working to prepare for possible metaverse crime, and businesses and investors should also take measures to protect themselves and their customers. By being aware of the risks and taking proactive steps to address them, we can ensure that the metaverse is a safe and secure environment for everyone to enjoy.

Source: https://www.the420.in/metaverse-opens-up-new-realm-of-cybercrime-interpol-officer-madan-oberoi/

[mumbaidentalservices]

Top Restaurants in Mumbai

Football is one more famous game in the city, with the FIFA World Cup and the English Head Association being followed widely. In the Indian Super Association, the city is addressed by Mumbai City F.CF.C., While the city-based Kenkre FC contends in the I-Association (matches in the city are played at the Cooperage Ground). When the First class Football Class of India was presented in August 2011, Mumbai was noted as one of eight urban communities to be granted a group for the debut season.

Mumbai's most memorable Expert American football franchise, the Mumbai Combatants, played its most memorable season, in Pune, in late 2012.

In Hockey, Mumbai is home to the Mumbai Marines and Mumbai Performers in the Worldwide championship Hockey and Hockey India Association separately. Matches in the city are played at the Mahindra Hockey Arena.

Here is a list of the best restaurants in Mumbai,

1 Ziya Restaurant: Opulent hotel dining room with panoramic views & a menu of classic & innovative Indian dishes. It is situated at The Oberoi, Mumbai, Nariman Point, Mumbai, Maharashtra 400021.

2 The Bombay Canteen: Fashionable cafe and bar offering innovative Indian snacks and colonial-inspired cocktails. It is located at Unit-1, Process House, S.B.S.B. Road, Kamala Mills, Near Radio Mirchi Office Lower, Parel, Mumbai, Maharashtra 400013.

3 Trèsind Mumbai: Tasting menu of Modern Indian cuisine & drinks served in an elegant, blue-&-gold ambience. It is located at Ground Floor Inspire B.K.C. E, G Block B.K.C., Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra 400051.

Member Spotlight

Speciality Dental Clinic

Shop no. 8, Pleasant Park New Link Road, opp. Movietime, Evershine Nagar, Malad West, Mumbai, Maharashtra 400064

98694-81442

If you are in search of the best dental clinic in Malad West, then you should contact Speciality Dental Clinic now and book your appointment.

Get Map Directions

[careeravenues]

Hotel Management Courses and Colleges in India

How many of us have seen the new “Love Aaj Kal” movie? Remember how Raghu (Randeep Hooda’s character) started out as a waiter in that movie? And more importantly, notice how he ends up running a chain of restaurants across the city by the end of it? That’s the kind of pace that the hospitality & hotel management industry is advancing at currently!

Before we get started with hotel management, it is important to address the myths surrounding it. And before we discuss the myths around it, we need to understand its eminence throughout history. How do you think a group of people got together and celebrated a common occasion for the first time? It is not too far-fetched to think that someone must have overlooked all the arrangements for the event. 

Think of wars for that matter; thousands of soldiers fighting away from their homeland needed an organised group of people to prepare their daily meals.

If you think about it, there are multiple such instances that are indicative of the significance of hospitality management through the ages. However, certain myths have had a negative impact on the profession’s perception. Some popular myths that you’ll hear are that this is not a lucrative line of work or that you’ll only be a waiter all your life! Please don’t fall for such baseless claims! For more such unfounded myths about the hospitality industry, you may read Busted! 5 Myths About A Career In Hotel Management.

In today’s time, the hospitality & hotel management sector is not only a good career option but also a guide to living with etiquette. With the growing middle-class population now being able to afford a premier hospitality experience has fueled the demand for professionals within the hospitality industry. Each year, the hotel and catering industry employs millions of graduates from various hotel management colleges. 

This blog endeavors to discuss the different pathways that can lead you into this evergreen industry.

Eligibility:

All high school graduates are eligible to apply for hotel management programs. However, the most sought-after programs are extremely competitive, as the demand for hotel management graduates continues to soar across industries. The vocational qualities that are desired in a potential hotel management candidate are the following:

Outstanding communication and people skills

Well versed in etiquette, tact and handling a situation diplomatically

Qualities of leadership and teamwork 

Creative and original problem solving skills

Impeccable organizational skills

Entrance Exams:

There are more than 400 hotel management & hospitality colleges in India. There are multiple entrance examinations conducted by either independent entities or a group of institutions at the national (or state) level that you may enrol for in order to gain admission into a hospitality/tourism/catering/hotel management program. The most popular examinations are the following:

NCHMCT JEE, IHM Multiple Campuses – National Council of Hotel Management and Catering Technology Joint Entrance Examination

IHM Aurangabad – Profile Assessment, Group Discussion, and Personal Interview

STEP, Oberoi Group of Hotels – Assessments & Interviews

IIHM eCHAT – International Institute of Hotel Management Electronic Common Hospitality Admission Test (For IIHM campuses)

Ecole Hoteliere (Lavasa) – Entrance Exam

Apart from the aforementioned, the following are some additional entrance examinations:

AIMA UGAT – AIMA Under Graduate aptitude test is for the following colleges:

Dr. YSR National Institute of Tourism & Hospitality Management, Hyderabad

Vidya Jyoti Institutions, Raipur

Goa University, Plateau

V M Salgaocar Institute of International Hospitality Education, Salcete

Goa College of Hospitality & Culinary Education, Tiswadi

Culinary Institute of India & CITMS, Durgapur

SRM Institute of Hotel Management, Chennai

AIHMCT WAT – Army Institute of Hotel Management and Catering Technology (Written Ability Test)

BVP CET – Bhartiya Vidya Peeth University (Pune)

IPU CET BHMCT – Guru Gobind Singh Indraprastha University’s Banarsidas Chandiwala Institute of Hotel Management & Catering Technology (BCIHMCT) runs a four-year BHMCT program

PUTHAT – (Punjab University Tourism and Hospitality Aptitude Test) is conducted by the Punjab University & offers admissions to B.Sc Hospitality and Hotel Administration (H&HA) and Tourism Management

Furthermore, the following exams are conducted at the state-level for entrance into the respective state hotel management institutes: 

UPSEE BHMCT – Uttar Pradesh State Entrance Examination for admission in Bachelor of Hotel Management and Catering Technology

UKSEE BHMCT – Uttarakhand State Entrance Examination is a state-level entrance exam for Bachelor of Hotel Management

WBJEEB JEHOM – West Bengal Joint Entrance Examinations Board for admission of candidates in Four years Degree course in Hotel Management and Catering Technology

MAH BHMCT CET – Maharashtra State Common Entrance Test for the candidates seeking admissions in the Bachelor of Hotel Management and Catering Technology

Top Hotel Management Courses and Colleges:

Institute of Hotel Management [IHM] a) Aurangabad- One of India’s premier hotel management & hospitality universities, IHM Aurangabad is a synergy of Dr. Rafiq Zakaria’s Maulana Azad Educational Trust, and the Taj Group of hotels. They offer the following courses: i) 4 Year BA (Honours) Hotel Management ii) 4 Year BA (Honours) Culinary Arts b) Delhi / Mumbai / Bangalore / Chandigarh / Bhopal / Ahmedabad / Jaipur / Chennai / Bhubaneswar / Goa / Gurdaspur / Gwalior / Guwahati / Hajipur / Hyderabad / Kolkata / Lucknow / Shimla / Shillong / Srinagar / Trivandrum The other IHM’s, also counted among the top hotel management colleges in India, offer the following courses: B.Sc. in Hospitality & Hotel Administration (3 years)

International Institute of Hotel Management [IIHM] (Delhi / Kolkata / Bangalore / Pune / Jaipur / Ahmedabad / Hyderabad)IIHM is known to impart world-class education across all its campuses. Their illustrious faculty members, as well as state-of-the-art resources, enable students to learn holistically. They offer the following courses: i) B.A. Hospitality from University of West London, UK ii) Degree from MAKAUT (In collaboration with ZEL) iii) B.A. (Vocational Studies) Tourism Management – (BAVTM) from IGNO

Oberoi- Systematic Training and Education Programme [STEP] One of the premier institutes of hospitality and hoteliering, the Oberoi group pays special attention towards screening and selecting candidates for its 3-year STEP program. They offer the following courses under Bachelor of Tourism Studies: i) Hotel Operations Programme – Front Office and Food & Beverage Service ii) Hotel Operations Programme – Housekeeping iii) Hotel Operations Programme – Kitchen

Welcomgroup Graduate School of Hotel Administration (Manipal) Manipal group of institutions offers a nourishing and rigorous 4-year BHM (Bachelor of Hotel Management) course. Along with a beautiful campus, their students get the opportunity to receive hands-on experience in their respective areas of study. Students are selected based on an entrance test called the Department Test (DT). They offer the following courses: Bachelor of Hotel Management (4-Year)

SRM Institute of Hotel Management (Chennai / NCR) Since its inception, SRM University has been consistent in maintaining high academic standards and offering quality hospitality education. They offer the following courses: i) B.Sc Hospitality & Hotel Administration (Affiliated to NCHMCT) ii) B.Sc Hotel Management & Catering Technology

Ecole Hoteliere (Lavasa) Their hospitality management programme is academically certified by Ecole hôtelière de Lausanne (EHL), Switzerland. It is the oldest and most prestigious hotel management school in the world. Other than enjoying one of the most serene college campuses in the world, their students also have the enthralling opportunity to undergo specializations in front desk administration, catering management, etc. They offer the following courses: 4-Year Bachelor of Hotel Management [BHM]

Delhi Institute of Hotel Management [DIHM] Originally established in 1983 by the Ministry of Tourism in association with the Government of Delhi to train professionals in the craft of hotel & catering operations, DIHM offers the following courses: 3 Year BSc. in Hospitality & Hotel Management (BSc. HHA)

Chandigarh Institute of Hotel Management & Catering Technology [CIHM] A popular name among top hotel management colleges since 1973, this college was earlier known as The Food Craft Institute that initially had a small class size of 18 students in each program. It was upgraded to the Chandigarh Institute of Hotel Management & Catering Technology in 2006. They offer the following courses:3 Year BSc. in Hospitality & Hotel Management (BSc. HHA)

Banarsidas Chandiwala Institute of Hotel Management & Catering Technology (BCIHMCT) Guru Gobind Singh Indraprastha University’s hotel management college is among the foremost institutes for hospitality & hotel management in Delhi. Their 4-year program equips the students with all the tricks of the trade while giving them ample opportunities to gain experience through local and international tie-ups. They offer the following courses: 4-year Bachelor Degree in Hotel Management and Catering Technology [BHMCT] program

Rayat & Bahra Institute Of Hotel Management Situated in Mohali, Punjab, this independent self-sufficient campus is known for developing analytical, communication, team building, and problem-solving skills in its students. Moreover, this institute provides professional courses in various technologies and is equipped with new-age laboratories and infrastructure.

They offer the following courses:

Affiliated to Punjab Technical University

i) 4-year Bachelor in Hotel Management and Catering Technology [BHMCT] 

ii) 3-Year BSc. in Airlines, Tourism and Hospitality Management (BSc.ATHM)

iii) 3-Year BSc. Hotel Management and Catering Technology (BSc. HMCT)

Affiliated to NCHMCT

i) 3 Year BSc. in Hospitality & Hotel Management (BSc. HHA)

Although the aforementioned list includes a few of the top hotel management colleges in India, please note that there are many more colleges across the world that have not been listed here. However, even if you register for the programs mentioned above, you’ll set your career trajectory toward a bright future in the fastest growing industry in the world.

Career  Landscape:

A career in hotel management doesn’t mean that your role will be limited to hotels, restaurants, and resorts. Contrary to popular belief, hotel management graduates have access to excellent job opportunities in different areas across the hospitality sector such as:

Airline Catering (flight kitchen) and Cabin Services

Club management

Cruise Ship Hotel Management

Hospital administration and catering

Hotel and Tourism Associations (for eg: state tourism development corporations)

Hospitality services in the Indian Navy

Hospitality services in various MNCs

Forest Lodges / Guest Houses / Resorts

Kitchen Management (in hotels or running canteens in college, schools, in factories, etc.)

Catering departments of railways, banks, armed forces, shipping companies etc

Hotel and catering institutes (as a management trainee/ marketing or sales executive)

Self employment (like our Raghu from Love Aaj Kal 2)

Conclusion 

To wrap things up, the hospitality industry has several departments that work in sync to form a successful conglomerate. A hospitality and hotel management graduate may obtain lucrative offers in any on these areas:

Front Desk

Operations

Food and Beverages

Sales and Marketing

Security

Basic Engineering and Maintenance 

Want to know a fun fact before we finish? 

One of the few sectors that was relatively unaffected by the economic crisis of 2008 was the hospitality and tourism sector. 

Don’t let anyone convince you that hotel management isn’t a viable career option, it very much is and has been a crucial part of the hospitality industry. 

Avail career counselling for students program to know more about hotel management career fits for you or not according to your skills.

[orthotv]

🔰7th Edition Pune Shoulder Course 2025

🗓️ Dates: 11th - 12th January, 2025 📍 Venue: JW Marriott Hotel, Pune

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Dr. Ashish Babhulkar Dr. Nagraj Shetty Dr. Ayyappan Nair Dr. IPS Oberoi Dr. Nandan Adla Dr. Sanjay Trivedi Dr. Kartik Selvaraj Dr. Vivek Pandey Dr. Mukesh Laddha And many more...

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[hospitality-world-news]

Helming a truly unique property - ET HospitalityWorld

Helming a truly unique property – ET HospitalityWorld

Vineet Mishra, the Complex General Manager at the Pullman and Novotel Aerocity in New Delhi. Vineet Mishra, the newly appointed Complex General Manager, Pullman and Novotel Aerocity is a Delhi boy who has worked across India and been in charge of some iconic properties—his last charge was India’s second Ritz Carlton in Pune. Mishra began his career with the Oberoi Hotels, before moving to…

[truecrimesstuff]

The Mumbai Attacks:

On 26 November 2008 ten terrorists entered Mumbai through the sea route and created havoc that lasted for 4 days. The terrorists were the members of Lashkar-e-Taiba, an Islamist terrorist organization from Pakistan. According to reports, around 174 people died and a further 300 were wounded during these attacks which shook entire India.

The 10 heavily armed men started from Karachi, Pakistan in a small boat on 22 November 2008. After 40 minutes they shifted to a larger boat known as "Al-Husseini" which belonged to the chief commander of the Lashkar-e-Taiba. On 23 November 2008, they noticed an Indian registered fishing boat "MV Kuber" docked beside "Al-Husseini". This boat had five crew members four of which were shifted to " Al-Husseini" and the captain of the trawler, Amar Singh Solanki was allowed to stay with them in the boat. The four other crew members who boarded the Al-Husseini were later killed by the members of Lashkar-e-Taiba. The terrorists boarded the "MV Kuber" and Solanki navigated the boat to point four nautical miles off Mumbai. The terrorists killed Solanki here and they traveled the last four miles in an inflatable speedboat reaching Badhwar Park, South Mumbai at about 8:00 P.M. The group of ten was subsequently divided into smaller groups as they set forth to attack the most popular areas across Mumbai.

The places targetted during the attacks.

They first started their attack at the Chatrapati Shivaji Maharaj Terminus. The station being one of the busiest hubs in Mumbai was packed with people, some arriving at their destination while some others waiting to board their trains. Two terrorists Mohammad Ajmal Amir Kasab(20 years) and Dera Ismail Khan(25 years) entered the train station at about 9:20 P.M armed with grenades and AK-47. They open-fired at the people. A railway announcer named Vishnu Dattaram Zende immediately alerted the people through his announcements to leave the station and was able to save many lives. The attacks continued until 10:45 P.M and resultingly 58 people were killed and more than 100 were severely injured. They fled the scene all the while firing at the pedestrians and policemen.

The aftermath of the attacks at the Chatrapati Shivaji Maharaj Terminus.

Their next target was the Cama and Albless Hospital, famous for its gynecology facilities. The two terrorists had barged into the hospital and had immediately killed two guards Bhanu Narkar and Baban Walu. As soon as the doctors and nurses got a whiff that the hospital was under attack, they immediately set into action. They locked all the ward doors, switched off the lights, and even prepared themselves to conduct deliveries in utmost silence. By the time the police arrived the terrorists had placed themselves on the terrace along with doctors who they held as hostages. They went on to haul grenades at the police and even indulged in an open fire. After 40-50 minutes of continuous firing, the terrorists fled from the scene. By this time an anti-terrorist squad led by police chief Hemant Karkare arrived near the Hospital. Kasab and Khan fired on their vehicle, and the police retaliated. Karkare, Vijay Salaskar, Ashok Kamte, and one of their officers were killed. The only survivor, Constable Arun Jadhav, was severely wounded. Kasab and Khan seized the police vehicle and fled from the scene but later abandoned it in the middle of the road and seized another passenger car. They then ran into a police roadblock. As soon as the terrorists and police came face to face a gun battle ensued which resulted in the death of Ismail Khan. After a physical struggle, Kasab was arrested. A police officer, Tukaram Omble, was martyred as he courageously tried to disarm Kasab by wrestling his weapon away from him.

Bullet marks left on the walls of the Cama and Albless Hospital.

Another early site of the Mumbai attacks was the Leopold Cafe. Two terrorists namely Abu Abdar Rahman(25 years) and Abu Umar(23 years) open fired inside the restaurant which being a popular watering hole was packed with Indians and foreigners alike. They exploded a grenade in the cafe and killed 10 people and injured many others. They spent about 5 minutes in the restaurant and rushed towards the Taj Mahal Hotel. The cafe which was established in 1871 underwent extensive damage and even today one could see bullet marks still left on the walls from the attacks. Even after all this, the cafe reopened after 4 days to signify their war against terrorism.

Bullet marks in Leopold Cafe which were never repaired and are kept as a reminder of the dark phase.

Around this time in other parts of the city there were two blasts in taxis caused by timer bombs. The first one occurred at 10:40 at Vile Parle which killed the driver and a passenger. The second explosion took place at Wadi Bunder between 10:20 and 10:25. Three people, including the driver of the taxi, were killed, and about 15 others were injured.

The Taj Mahal Palace Hotel and the Oberoi Trident were the next targetted locations. The Taj Mahal Hotel is a heritage building in Mumbai. Four terrorists namely Abu Saheb(21 years) and Abu Ali(22 years) along with the two who attacked Leopold cafe entered the hotel divided into two pairs. The first pair entered the main lobby at 9:38 P.M while the other entered the North Court entrance at 9:43 P.M. They started an open fire as soon as they entered the Hotel and even started hurling grenades. They moved from one floor to another killing any and everyone they crossed paths with. They even set fire to a part of the hotel causing massive damage to certain floors. The hotel staff showed presence of mind and tried alerting as many guests as possible regarding the attacks. There was a hostage situation due to the attacks as many guests locked themselves up in their room and many were isolated in different parts of the hotel. Even at these trying times, the hotel staff showed incredible courage and wisdom as they risked their own lives trying to save as many people as possible in any way present and materialized the famous Indian proverb "अतिथिदेवो भव" which means Guests are God. According to reports, none of the employees fled the scene at the face of danger to protect themselves, even when they had the option to do so. In the Taj Mahal Hotel, 32 people were killed with the majority being the hotel staff.

The Taj Mahal Hotel under attack.

In the Oberoi Trident, at about 10:00 P.M two terrorists namely Abdul Rehman Chotta(21 years) and Fahadullah(23 years) entered through the front entrance and started indiscriminately firing at the people. Here, they detonated two IEDs and moved up towards the different floors to kill more people. On the 16th and 18th floor they collected some guests and kept them as hostages. Here, 33 persons were killed.

During the attacks, both hotels were surrounded by Rapid Action Force personnel and Marine Commandos (MARCOS) and National Security Guards (NSG) commandos. Security forces stormed both hotels, and all nine attackers were killed by the morning of 29 November. Major Sandeep Unnikrishnan of the NSG was martyred during the rescue of Commando Sunil Yadav, who was injured during the rescue operations.

The Nariman House, a Chabad Lubavitch Jewish center in Colaba known as the Mumbai Chabad House was occupied by a Rabbi and his family who generally accommodated visiting Jews. At about 10:25 P.M two terrorists, Abu Akasa(25 years) and Abu Umer(28 years) entered the five-storied building all the while firing in the air. Inside the house, they went from door to door searching for people to kill. Many of these people were taken as hostages and were bound and tortured. The terrorists during the attack in the Nariman House were involved in continuous fire with the police throughout the night of 26 November and up till the next day. The terrorists hurled grenades in the nearby lanes and even detonated an IED which blew away the rear wall of the house. Rescue operations were conducted and 14 people were rescued. 173 people were killed in the attacks along with the owners of the house Rabbi Gavriel Holtzberg and Rivka Holtzberg who was also 6 months pregnant during the attacks. Sandra Samuel, who was working in the center for the previous five years and was the nanny of Rabbi Gavriel Holtzberg's and Rivka Holtzberg's son Moshé Holtzberg showed incredible courage as she rescued the two-year-old Moshe from inside the house even when the terrorists were continuing their attacks.

The destruction in the Nariman House due to the attacks.

On 28 November, NSG commandos came in to conduct rescue operations in the Nariman house, and a Naval helicopter took an aerial survey. During the first day, 9 hostages were rescued from the first floor. 22 NSG commandos on the following day fast-roped from helicopters onto the roof of the Nariman House, covered by snipers positioned in nearby buildings. NSG Commando Sergeant Gajender Singh Bisht was martyred after a long gun battle with the terrorists. Both the terrorists died here.

The NSG was successful in rescuing 250 people from the Oberoi, 300 from the Taj, and 60 people from Nariman House.

The photo of Ajmal Kasab that Sebastian D’Souza captured in Chatrapati Shivaji Maharaj Terminus.

Ajmal Kasab was the only terrorist arrested alive by the police. His trial was initially delayed as no lawyer wanted to represent him. Later on, a lawyer was somehow found to represent him in court. On 25th February 2009 Indian investigators filed an 11000-page charge sheet against Kasab accusing him of murder, conspiracy, and waging war. On 3 May 2010, Kasab was found guilty of all 86 crimes. On 6th May 2010, he was sentenced to death by hanging. He further appealed in the Bombay High court. On 21 February 2011, the high court upheld the previous sentence. On 29th August 2012, the Supreme Court too upheld the death sentence for Kasab. On 21 November 2012, at 7:30 A.M Kasab was hanged in secret in Pune's Yerwada Jail.

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Gracelist - India Real Estate Property Site

India Real Estate site

Land in India has been among the better and more favored alternatives of speculation for quite a while. The quick development and improvement have brought about a steady ascent in India property costs, and similar holds guarantee for the coming a very long time also. Thus more are and more individuals are picking this road of speculation as protected and all the more fulfilling. An ongoing report by ASSOCHAM uncovered that 65% of working people in India select land speculation as a method of long haul venture.

The Indian land has seen a checked improvement in the course of the most recent decade and a half. While an infrastructural improvement, for example, the Metro Rail, new Expressways, and new assistance areas have added to this scramble for properties in India, new advancements are coming up consistently to fulfill these needs. Condo and level enclaves, line houses are coming up each second day from driving designers the nation over like Unitech, DLF, Lodha, Oberoi, Tata, Hiranandani, and others, making the India land showcase more extravagant as time passes.

India Real Estate Property Site

While Delhi NCR has risen as one of the main three venture goals for properties in India, both in the private and business portions, costs of properties in Mumbai have raised to turn into the most extreme in the India land showcase today, attributable to its acknowledgment as an IT and ITeS center point. Enormous interests in the business segment are likewise in progress and interest for office space in Mumbai is contacting the rooftop with rental qualities in the city additionally on a high in contrast with different metros. In spite of the fact that Delhi has fallen behind different metros in the nation as of late, the Delhi land advertisement is considered unmistakably more steady than anyplace else in the nation for anybody hoping to put resources into India land. Furthermore, with the ongoing blast in the IT segment and in this way other assistance areas, there has been a stamped lift in the interest for properties in Delhi. The story is the equivalent in other significant urban communities like Bangalore, Pune, Hyderabad, Chennai, and even in the littler focuses across India, adding to steady development in the Indian land advertise.

Thinking about the ongoing lack in the nature of properties in India, there are dangers in property speculation, which can be that as it may be invalidated to a most extreme degree with some schoolwork before contributing. For private properties in India, a prepared to-move-in unit or a unit that will be conveyed inside a year is the perfect alternative for contributing. The equivalent applies for business properties too where the speculation is consistently significant as are the dangers. Keeping an eye on the engineer and his past records as far as advancement quality and ideal conveyance is fundamental. Likewise checking if the engineer has the vital endorsements for the current venture is significant. Having said that, regardless of the considerable number of dangers included, properties in India despite everything remain the most worthwhile type of speculation for any speculator.

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