KONE Elevator India Strengthens Karnataka Presence with Expanded Bengaluru Branch and South Regional Office
KONE Elevator India, a leading provider of elevators, escalators, and automation solutions, has strengthened its presence in Karnataka with the expansion of its Bengaluru Branch and South Regional Office in Hebbal, Bengaluru.
The expanded facility serves as KONE’s Bengaluru Branch and South Regional Office, supporting Sales, Installation, Service and Modernization operations across Karnataka while providing regional leadership and operational support for KONE’s business across South India. The office was inaugurated by Amit Gossain, Managing Director, KONE Elevator India & South Asia, and Murali Malayappan, Chairman and Managing Director of Shriram Properties Limited, along with other distinguished guests.
The office supports operations across key cities including Mysuru, Mandya, Kolar, Tumakuru, Chamarajanagar and other parts of Karnataka. It will also function as an experience centre showcasing KONE’s latest elevator solutions, digital technologies and smart People Flow®️ innovations.
KONE Elevator India is supporting several landmark projects across Karnataka, particularly in Bengaluru’s high-growth corridors. The company has partnered with leading developers and enterprises including ITC Green Centre, IKEA, Hewlett Packard Enterprise (HPE), ITPL, Embassy Group, Titanium Tech Park, Sattva Group, LabZone, Metro Cash & Carry, Karle Group, Sobha Group, Goyal & Co., Shriram Properties, SNN Group, Kalyani Tech Park, SJR Group, Carl Zeiss, Wistron and GE HealthCare, Keya Homes, commercial, healthcare, technology parks and mixed-use developments.
Karnataka is one of India’s fastest-growing markets for premium residential developments, Global Capability Centres (GCCs), commercial real estate and technology parks. Bengaluru continues to attract significant investments across IT, manufacturing, healthcare and mixed-use infrastructure, driving sustained demand for smart, connected and sustainable vertical mobility solutions. KONE’s expanded office supports this growth by providing customers with faster service, enhanced lifecycle support and closer collaboration.
Speaking on the development, Amit Gossain, Managing Director, KONE Elevator India & South Asia, said, “Karnataka continues to be one of KONE’s most strategic growth markets, driven by rapid urbanization, world-class technology ecosystems and increasing investments in residential, commercial and infrastructure development. The expansion of our Bengaluru Branch and South Regional Office strengthens our ability to support customers across Karnataka while providing regional leadership for our business across South India. This investment brings us even closer to our customers, enabling faster response times, stronger lifecycle support and enhanced collaboration across the region. Beyond serving our customers better, it reflects our long-term commitment to Karnataka by creating skilled employment opportunities and contributing to the development of smarter, safer and sustainable cities.”
Deeptech Company Enlite Secures Second Patent that Helps Reduce Complexity in Commissioning and Operating Intelligent Buildings
Enlite, a homegrown deep-tech company building intelligent infrastructure systems, has been granted its second Indian patent for an invention titled “System and Method for Cloud-Based Configuration of Building Management Controller(s).” The patent covers Enlite’s proprietary system for centrally configuring and managing building management controllers through a secure, cloud-based framework. It reduces the complexity involved in commissioning and operating intelligent buildings.
Configuring field devices across multiple sites remains one of the most time consuming and resource intensive parts of building automation. Traditionally, this has required engineers on site to configure each controller by hand, and to repeat the process from scratch whenever operational changes were needed. Enlite’s newly patented technology takes a cloud-native approach instead. Controller configurations can be created, modified, tested, and deployed remotely through a centralized system. By digitising this process, the system shortens commissioning timelines, reduces manual intervention, and lets building automation projects roll out faster and at scale. The patented system also supports remote maintenance, real-time synchronisation, version control, and reliable configuration management. This lets building operators manage operations consistently across properties in different locations, without compromising on accuracy or efficiency.
Gaurav Bali, Co-Founder and CEO of Enlite, said, “Our first patent proved the hardware could go wireless. This one proves the entire configuration process can move to the cloud too. Together, they show what a full-stack Indian building automation company looks like.”
Garima Bharadwaj, Co-Founder and CTO of Enlite, added, “Building automation has always been a physical process, one engineer, one site, one week at a time. This patent moves it into software. Configuration now happens from the cloud, anywhere, in minutes.”
The technology is expected to benefit commercial buildings, airports, hospitals, industrial facilities, educational campuses, hospitality properties, and data centres, all of which rely on secure, scalable, and centrally managed building systems. With this second Indian patent, Enlite continues to build out its IP portfolio and its position as a company developing genuinely domestic, full-stack innovation in smart infrastructure and building automation.
Dalmia Bharat to manufacture one of the world’s greenest cements from Andhra Pradesh
Dalmia Bharat Limited (DBL), one of India’s leading cement manufacturing companies, today laid the foundation stone for its second manufacturing unit in Kadapa, Andhra Pradesh.
The foundation laying ceremony was graced by Nara Lokesh, Hon’ble Minister for Information Technology, Electronics & Communications, Real Time Governance and Human Resources Development, Government of Andhra Pradesh, along with Mr. Puneet Dalmia, Managing Director & CEO, Dalmia Bharat Limited, senior government officials and the company’s leadership.
With an investment of Rs.3100 crore, the project will establish a next-generation integrated manufacturing facility, designed to produce one of the world’s greenest cement. This expansion is a part of the announcement made by the company in 2025.
To be commissioned by Q3 FY28, the new Kadapa unit will become Dalmia Bharat’s largest integrated manufacturing facilities in southern India with a clinker capacity of 6.1 MTPA and cement manufacturing capacity of 9.6 MTPA. The commissioning is expected to create approximately 1000 direct and indirect additional job opportunities.
Commending Dalmia Bharat for the initiative, Nara Lokesh said: “We see in Dalmia Bharat a strong partner that wholeheartedly shares our vision of building a globally competitive, future-ready economy through sustainable industrialisation. We welcome the company’s continued faith in Andhra Pradesh and look forward to strengthening this partnership to create jobs, empower local communities, strengthen our industrial base and position our state as a global benchmark for green, technology-led growth.”
Speaking on the occasion, Puneet Dalmia, Managing Director & CEO, Dalmia Bharat Limited, said: “Andhra Pradesh has been an integral part of our growth journey for over a decade. Under the visionary leadership of Hon’ble Chief Minister N. Chandrababu Naidu Ji, Andhra Pradesh has emerged as one of India’s most progressive and investment-friendly States. Transparent governance, policy stability, world-class infrastructure, and a strong commitment to ease of doing business have created an ecosystem that has encouraged Dalmia Bharat to make yet another significant investment in the State.”
He further added: “This world-class unit is a clear reflection of our long-term vision of redefining cement manufacturing for a low-carbon future. We are creating a next-generation manufacturing ecosystem capable of producing one of the world’s greenest cements, while setting new benchmarks in efficiency and sustainability. As a partner in Bharat’s growth journey, we are committed to building manufacturing assets that not only support the nation’s infrastructure needs today but also contribute to its sustainability goals.”
Dalmia Bharat is the first cement company globally to commit to the RE100, EP100 and EV100 initiatives. It will continue to work on inclusive development in the region with the administration and local communities, and will actively increase its ongoing programmes for education, healthcare, skill development and community welfare through its flagship CSR programs – DIKSHa & Gram Parivartan. The expansion is expected to create business opportunities for local MSMEs, transporters, contractors, and service providers along with the overall employment opportunities at the plant.
Embassy to Build 3 Million Sq Ft Bengaluru Office Space in Rs.1,500 Crore Project.
Realty firm Embassy Developments plans to invest Rs.1,500 crore to develop a 3 million sq ft office complex in Bengaluru as part of its strategy to expand its commercial real estate portfolio and generate steady rental income from office assets.
The company, which primarily operates in the residential segment, has a presence across Bengaluru, the Mumbai Metropolitan Region (MMR), and Delhi-NCR. The upcoming office development marks a move to diversify its portfolio while leveraging demand for commercial spaces in Bengaluru.
Embassy Developments Managing Director Aditya Virwani said the company’s primary focus would continue to be its growing residential business. However, the firm sees opportunities in commercial real estate and aims to build a portfolio of income-generating assets.
Virwani highlighted that the residential segment remains a key growth driver for the company, with the firm continuing to expand its housing projects across major metropolitan markets. The planned Bengaluru office project is expected to strengthen Embassy Developments’ presence in the commercial real estate space while adding a long-term rental income stream.
Lohia Worldspace Achieves Global Recognition as Lohia One Wins Asia Pacific Property Award
Lohia Worldspace has earned one of the real estate industry’s highest international recognitions, with its flagship luxury residential project Lohia One receiving the Asia Pacific Property Award 2026–2027 in the Best Residential Development (20+ Units) – India category. The project has also advanced as a Regional Nominee in the Best Residential Development (20+ Units) – Asia Pacific category, placing it among an elite group of developments representing the highest standards of residential excellence across the region.
Presented as part of the globally renowned International Property Awards, the Asia Pacific Property Awards recognise outstanding achievements in architecture, design, planning, construction quality, sustainability, innovation and overall development excellence. Judged by an independent panel of leading industry experts, the awards are widely regarded as one of the most prestigious benchmarks of quality in the global real estate sector.
The recognition marks an important milestone for Lohia Worldspace, reflecting its vision of creating future-ready residential developments that combine refined architecture, intelligent planning and an elevated lifestyle experience. Designed for discerning homeowners, Lohia One brings together contemporary aesthetics, thoughtfully planned living spaces, premium amenities, wellness-focused infrastructure and sustainable development practices, creating a holistic living environment for modern urban families.
More than just a residential project, Lohia One has been conceptualised as a destination where luxury, comfort and community seamlessly come together. Every aspect of the development—from architectural detailing and landscape planning to lifestyle amenities and open spaces—has been designed to deliver lasting value while responding to the evolving expectations of today’s homebuyers.
Speaking on the achievement, Pyush Lohia, Managing Director, Lohia Worldspace, said “Winning the Asia Pacific Property Award is an incredible honour and a proud milestone for everyone at Lohia Worldspace. This recognition reflects years of dedication, meticulous planning and an unwavering commitment to creating homes that inspire confidence and enrich everyday living. At Lohia Worldspace, we believe luxury goes beyond premium specifications—it is about thoughtful design, exceptional craftsmanship, sustainability and creating spaces that enhance quality of life. Lohia One embodies this philosophy, and being recognised at both the national level and as a Regional Nominee for Asia Pacific is a testament to our team’s relentless pursuit of excellence. This achievement motivates us to continue raising the bar and delivering residential developments that meet global standards while exceeding customer expectations.”
The award further strengthens Lohia Worldspace’s position as an emerging leader in India’s premium residential real estate market. At a time when homebuyers are increasingly seeking developments that offer design excellence, sustainability, lifestyle amenities and long-term investment value, the company’s focus on quality-driven, customer-centric development continues to distinguish its projects.
As India’s luxury housing segment witnesses sustained demand driven by rising aspirations and evolving lifestyle preferences, globally recognised developments such as Lohia One are setting new benchmarks for residential excellence. The recognition also highlights the growing capability of Indian developers to deliver projects that are competitive with the finest residential developments across the Asia Pacific region.
With an expanding portfolio of premium developments, Lohia Worldspace remains committed to delivering thoughtfully designed communities that integrate architectural innovation, superior construction quality, environmental responsibility and future-ready living. The company continues to focus on creating landmark addresses that offer not only exceptional homes but enduring value for generations to come.
Prestige Estates Invests Rs.504 Crore to Acquire Half Stake in Mumbai Commercial Project
Real estate developer Prestige Estates Projects Ltd. has acquired a 50% stake in Advent Convention and Hotels International Ltd. (ACHIL) for Rs.504 crore as part of its expansion strategy.
Bengaluru-based Prestige Estates has entered into an investment agreement to acquire the stake in ACHIL, which is developing a commercial project in Mumbai, according to a regulatory filing dated July 3. Under the partnership, Prestige Estates and ACHIL will jointly develop a commercial project on land measuring 21,978.22 square metres in Andheri East, Mumbai.
The acquisition is expected to strengthen Prestige Estates’ presence in the Mumbai real estate market and expand its commercial development portfolio in one of the country’s key business hubs.
Godrej Properties Strengthens South India Presence with 47-Acre Chennai Acquisition.
Realty major Godrej Properties has acquired a 47-acre land parcel in South Chennai to develop a plotted residential project, with the company estimating a revenue potential of around Rs.500 crore from the upcoming development. The company said the land has been acquired through an outright purchase. The proposed project will primarily comprise residential plots, expanding Godrej Properties’ presence in the Chennai real estate market. The acquisition is part of the company’s strategy to strengthen its residential portfolio and tap into demand for plotted developments in key urban markets.
Sanjay Ghodawat Group partners with Nordstar Estates; targets a GDV of over INR 5,000 crores in next 3 years
Sanjay Ghodawat Group (SGG), a diversified conglomerate, has partnered with Nordstar Estates (Nordstar) to launch “NEVORA”, a next-generation institutional real estate development platform, marking its strategic expansion into India’s real estate sector. The joint venture will focus on developing residential and commercial projects across Mumbai and Bengaluru and their respective micro-markets and plans to achieve a GDV of over INR 5,000 crores in the next few years. wNEVORA brings together SGG’s diverse operational capabilities and strong financial expertise spanning Aviation, FMCG, Education, Energy, Retail and Real Estate, with Nordstar’s proven track record in institutional capital management and large-scale real estate development across India and the United States. The JV has been established to tap into India’s evolving real estate market, where institutional capital, technology adoption, and higher governance standards are redefining the sector. The move comes as the country’s real estate market is projected to expand nearly nine-fold from USD 650 billion in 2025 to USD 5.8 trillion by 2047, according to a FICCI-KPMG report. The partners will focus on delivering developments that emphasize quality, transparency, and sustainability. The JV will market its projects under NEVORA, a dedicated consumer-facing brand identity to be unveiled in the coming months.
Shrenik Ghodawat, Managing Director, Sanjay Ghodawat Group, said, “India’s real estate sector is at an inflection point. Buyers today demand more than just location; they expect quality, transparency, and a seamless experience from enquiry to handover. Through this partnership, we are committed to delivering assets that are not just built to last but crafted to elevate urban living. Our focus on responsible development, energy efficiency, and technology-driven solutions reflects our vision for the future of Indian real estate.”
Dhruv Dua, Co-Founder, Nordstar Estates, said, “This platform is built on the principles of strong financial discipline, development excellence, and a customer-centric approach. By bringing together proven expertise in land acquisition and society redevelopment, institutional capital deployment, and large-scale development management, we are uniquely equipped to address the needs of India’s evolving urban landscape.”
Sharab Reddy, Co-Founder, Nordstar Estates, said, “Our approach starts with disciplined land acquisition and rigorous underwriting – the foundation for every project we take on. Partnering with SGG gives us the scale and local depth to bring that discipline to two of India’s most dynamic markets, Mumbai and Bengaluru. Our goal is to create communities with identity and assets that endure well beyond possession.”
Ghodawat Nordstar Pvt. Ltd. is targeting premium apartments and commercial assets across Mumbai’s key micro-markets, from established addresses in South and Central Mumbai to high-demand corridors in the Western and Central Suburbs, as well as emerging lifestyle destinations including Alibaug, Karjat, and Vasai. In Bengaluru, the JV will target the city’s established and emerging tech-corridor addresses, building on Nordstar’s existing execution footprint in the market. These regions are witnessing strong absorption rates and surging demand for quality residential and commercial spaces. The JV draws on SGG’s and Nordstar’s combined track record of institutional-grade developments across Mumbai, Pune, Bengaluru, and Kolhapur.
Brigade Hotel Ventures Announces Rs.1,100-Crore Investment for Three Chennai Hotels.
Brigade Hotel Ventures Ltd. (BHVL) is set to strengthen its footprint in Chennai with an investment of around Rs.1,100 crore as part of its next phase of growth, highlighting the city’s strategic importance in the company’s South India expansion plans. According to the company’s FY26 annual report, BHVL plans to add three new hotels in Chennai over the next few years. The expansion will begin with the launch of the Courtyard by Marriott Chennai World Trade Centre, followed by the luxury JW Marriott Chennai OMR and Grand Hyatt Chennai ECR, both slated for completion by 2029-30.
The company currently operates the 202-key Holiday Inn Chennai OMR IT Expressway.
Vineet Verma, Director, BHVL, said Chennai will account for approximately Rs.1,100 crore of the company’s planned Rs.3,600-crore investment to expand its hotel portfolio over the next three to four years, underscoring the city’s growing role in its long-term growth strategy.
