Prestige Group chairman and MD Irfan Razack. Prestige is in talks for a central Mumbai project development and has signed a 25 acre land deal in Noida for mid-income housing other than signing up for new projects in Pune and Hyderabad. Photo: Aniruddha Chowdhury/Mint Bengaluru: Armed with fresh capital commitments, Prestige Group is gearing up to build a new mid-income housing Read More

In 2016-17, Oberoi Realty generated a revenue of Rs320 crore from its leased commercial assets, accounting for about 27% of its overall revenue. Mumbai: Oberoi Realty Ltd expects to generate rental revenue of around Rs1,000 crore in the next three years from its existing and upcoming commercial portfolio, a top executive said. The company, India’s second largest builder by market Read More

No major deals above the value of $300 million happened last month, causing the decline from January, which registered deals worth $3.5 billion. Photo: Mint Mumbai: Private equity (PE) and venture capital (VC) investments in February registered a sharp 60% month-on-month decline to $1.4 billion across 63 deals, due to the absence of any mega deals, says a report. No major Read More

Turns out, genetics make Asians and Europeans susceptible to severe dengue, a new study has stated. As globalisation and climate change spread tropical infectious diseases around the globe, not all populations have the same degree of susceptibility. A study conducted by researchers from the Institut Pasteur, CNRS and the Institute for Research, and Innovation in Health-University of Porto (i3S) identified Read More

The types of snacks a child chooses could be linked to genetics, a new study has claimed. The researcher investigated whether genetic variants in taste receptors related to sweet preference, fat taste sensitivity and aversion to bitter green leafy vegetables influenced the snacks chosen by the study participants. They found that nearly 80% of the study participants carried at least Read More

We all know that exercise plays an important role in our general health. If you’re someone who enjoys training at home, full body workouts make for a good option. Here are some full body exercises as suggested by Puneet Rehani, physiotherapist at AktivHealth: – Brisk Walking: Brisk walking is simple yet powerful. It can help to improve cholesterol levels, strengthen bones, Read More

Last year, India’s real estate sector saw two major reforms come into force — the Real Estate Regulatory Authority (RERA) and the Goods and Services Tax (GST). While a landmark tax such as the GST is expected to have far-reaching implications for sectors across the economy, its impact on real estate as a whole is likely to be a mixed Read More

ICICI Prudential Real Estate Investments had invested around Rs450 crore across five transactions in Mumbai, Pune and Noida for a 550,000 sq. ft portfolio, which was leased to large international tenants. Photo: Hemant Mishra/Mint Bengaluru: ICICI Prudential Real Estate Investments, a division of ICICI Prudential AMC Ltd, has sold four of its five commercial office investments to ultra-rich individual investors and Read More

French hotelier Accor has signed the long-awaited sale of a majority stake in its real estate business to a consortium of investors including the sovereign wealth fund of Saudi Arabia. Europe’s largest hotelier by room numbers said on Tuesday after market close that it will sell 55 per cent of AccorInvest to sovereign funds, Saudi Arabia’s Public Investment Fund and Read More

HIGHLIGHTS The Xperia XZ2 is expected to sport a 5.7-inch 18:9 display The Xperia XZ2 Compact might feature a smaller 5.0-inch display Three mid-range phones are suggested to sport Snapdragon 660 SoCs Japanese electronics giant Sony will be holding its keynote on the first day of MWC 2018, February 26, and we can expect the company to announce new smartphones in its Xperia Read More