Latest news with #Delhi-NCR-based
Hindustan Times
3 days ago
- Business
- Hindustan Times
Whiteland Corporation partners with Marriott for 1700 Westin-branded residences in Gurugram
Delhi-NCR-based Whiteland Corporation has partnered with Marriott International to launch The Westin Residences in Gurugram. With a planned investment of ₹5,600 crore and a projected topline of ₹15,000 crore, the project will include 1,700 Westin-branded residences. Set to be one of the largest standalone branded residence projects in India, the development spans 7.78 hectares (approximately 20 acres) in Sector 103 along the Dwarka Expressway. The location is 15 minutes from Gurugram's central business district and 20 minutes from South and West Delhi, with seamless access to the IGI Airport, Yashobhoomi Convention Centre, Dwarka Golf Course, and the upcoming Diplomatic Enclave. The project will offer three and four bedroom residences ranging from 248 to 402 square meters (approximately 2,673 to 4,328 sq ft), with unit prices between ₹6 crore and ₹12 crore, depending on configuration and location within the development, the company said. India's growing appetite for branded residences reflects a shift in homebuyer expectations. Well-travelled and discerning buyers now seek the same global standards of design, service, and quality in their homes that they've experienced abroad. This demand is driving the growth of luxury residences backed by trusted global names. 'As global exposure increases, so does the aspiration to live in homes that offer a premium lifestyle backed by credibility and Marriott International, as the world leader in hospitality, brings unmatched trust, legacy and global standards to residential living. Branded residences offer not just high-end real estate but also an elevated, premium living experience anchored by the service ethos of a globally respected brand,' said Navdeep Sardana, founder of Whiteland Corporation. The demand for The Westin Residences, Gurugram is being driven predominantly by end-users, particularly corporate CXOs, entrepreneurs, SME 's and senior professionals who are seeking a primary or secondary residence that reflects their premium lifestyle aspirations. 'We are seeing strong interest from Delhi and Gurugram, as well as from upcountry cities such as Chandigarh, Jaipur, Lucknow and Kanpur. Also, there is significant demand from global Indians and NRIs based in the UAE, UK, Canada, Singapore and other international markets, who are looking to invest in branded, premium residences in India's most dynamic real estate corridors,' he said. Inspired by biophilic design, the development will rise on stilts, allowing for verdant landscapes to flow uninterrupted beneath it. Designed by global experts including Architect Hafeez Contractor, landscaping firm Coopers Hill, interior specialists BM&A, lighting consultants ASA, and Structure and Engineering Consultant Vintech Consultants. Also Read: Second Trump Tower launched in Gurugram, a first for any city outside New York It is rooted in the Westin brand's six pillars of well-being—sleep well, eat well, move well, feel well, work well, and play well. John Hearns, senior vice president, Global Residential Operations, Marriott International, said that the company is 'delighted to introduce Westin Residences Gurugram to India, and the wellness promise that the brand is known for, to residence owners. Developed by Whiteland Corporation and driven by their pioneering spirit and unwavering commitment to excellence, The Residences will set a new benchmark in premium living in India, creating homes designed to empower a better you.' Whiteland Corporation plans to develop 1.85 million sq. meters of built-up area over the next five years.
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Business Standard
4 days ago
- Business
- Business Standard
Whiteland Corp launches Marriott's first branded residence in Gurugram
Delhi-NCR-based Whiteland Corporation on Friday announced the launch of Marriott International's first Westin-branded residences in India, with the development expected to have a projected topline of ₹15,000 crore. This comes after the company signed an exclusive agreement with Marriott International in June 2024 to collaborate on the project. Navdeep Sardana, founder of Whiteland Corporation, told Business Standard that the total investment in The Westin Residences, Gurugram, would be ₹5,600 crore, with the project expected to be completed by 2031. Expected to be the largest standalone branded residences project announced in India, the 20-acre development will include 1,700 three and four BHK residences, ranging from 2,673 to 4,328 square feet in size. Sardana stated that currently 1,464 units are being launched in the first phase. 'Phase 1 of the launched project will include a select offering of residences, whereas Phase 2, which will include towers, is planned for a future launch,' he added. According to people in the know, the price range for The Westin Residences, Gurugram, is between ₹6 crore and ₹12 crore, depending on size, configuration, and location within the development. Sardana added that The Westin Residences, Gurugram, will be a 100 per cent Whiteland Corporation development, with complete investment and execution managed by Whiteland, while Marriott International has extended its brand under a licence agreement. 'As part of our agreement with Marriott International, Whiteland holds exclusive branding rights for Westin Residences in the territories of Gurugram, Dwarka Expressway, and select parts of Delhi until 2032,' he said. The company is not planning to launch any other Westin-branded residential projects within this exclusive territory during that period.
News18
17-05-2025
- Business
- News18
Himachal Real Estate: Scapes Hospitality Unveils Luxury '1842 Kasauli' Villas; All You Need To Know
Scapes Hospitality, a Delhi-NCR-based real estate developer specialising in curating bespoke luxury housing, has unveiled its luxury villa project, '1842 Kasauli', in Himachal Pradesh's Kasauli. Nestled in the pristine landscape of Kasauli, this one-of-a-kind property offers a seamless blend of heritage charm and contemporary elegance. With an investment of Rs 150 crore, the project comprises only 39 villas spread across 10 acres in pine forests, ensuring unparalleled exclusivity. Each villa is priced between Rs 7 crore and Rs 10 crore, while individual estates are valued at nearly Rs 15 crore to Rs 25 crore, Scapes Hospitality said in a statement.
Time of India
11-05-2025
- Business
- Time of India
Indian startups secure $585.71 million in funding this week
New Delhi: In a significant surge, Indian startups collectively raised approximately USD 585.71 million this week, marking a substantial increase from the USD 102.93 million secured the previous week. This uptick reflects a growing investor confidence and interest in India's burgeoning startup ecosystem. The majority of this funding was directed towards growth-stage companies, with notable investments including Porter, an on-demand goods transport agency, which secured USD 200 million in its Series F funding round. This round was led by Kedaara Capital and Wellington Management, propelling Porter into the unicorn club. Other significant growth-stage investments encompassed automotive company Routemotic, which raised USD 40 million in its Series C round, and interior design startup Flipspaces, which secured USD 35 million led by Iron Pillar. Additionally, logistics firm Celcius Logistics, foodtech company The Good Bug, and e-commerce startup Blissclub also attracted substantial investments this week. On the early-stage front, 20 startups collectively raised USD 263.41 million. Healthcare company PB Healthcare led this segment with an impressive USD 218 million seed round, backed by General Catalyst. Other early-stage startups that garnered funding include robotics company Posha, edtech firm Footprints, spacetech startup InspeCity, commercial vehicle platform 91Trucks, and proptech company Alt DRX. Geographically, Delhi-NCR-based startups led the funding race with 11 deals, closely followed by Bengaluru with 10 deals. Startups from Mumbai and Chennai also secured investments, indicating a diverse and widespread entrepreneurial activity across the country. Sector-wise, healthtech startups emerged as the most attractive to investors, securing four deals. Logistics and foodtech sectors followed with three deals each, while artificial intelligence, automotive, decor, and robotics sectors also saw investor interest. Meanwhile, in the previous week, the Indian startups had raised approximately USD 102.93 million across 25 deals, with strong contributions from early-stage and growth-stage companies. Bengaluru and Delhi-NCR-based startups led the funding race last week, with seven deals each, followed by Mumbai and Chennai.
Time of India
05-05-2025
- Business
- Time of India
Indian startups raise $102.93 million in funding over the week
Indian startups raised approximately USD 102.93 million across 25 deals, with strong contributions from early-stage and growth-stage companies this week. Bengaluru and Delhi-NCR-based startups led the funding race, with seven deals each, followed by Mumbai and Chennai. The funding came from various sectors, including cleantech, cybersecurity, edtech, and healthtech , signalling a continued interest in innovation and technology in India. Healthtech startups took the top spot with four deals, followed closely by e-commerce and foodtech companies, with each securing three deals. Other sectors, such as media and entertainment, proptech, edtech, Software as a Service (SaaS), and more, also saw multiple funding rounds. Leading the charge in growth-stage funding was Metafin, a cleantech-focused NBFC , which successfully raised USD 10 million in its Series A round. Other growth-stage startups that attracted attention include QNu Labs, a cybersecurity firm, which secured USD 7 million, and Kaleidofin, a neobanking startup, which garnered USD 5 million. Additionally, CollegeDekho, an edtech platform, and Sadhav Offshore, a marine services company, also raised significant funding. In early-stage funding, Kult, a beauty tech and discovery platform, stood out with a USD 20 million raise, making it the largest early-stage funding deal of the week. Fuze, a SaaS startup, followed with a USD 12.2 million round. Other notable early-stage startups that secured funding include HexaHealth, a healthtech platform, and Anveshan, a foodtech company. Also among the funding recipients were Stimuler, an AI-driven English learning platform, Mugafi, a content creation platform, and others. Additionally, ekincare, a healthtech startup, and Jamm, an offline social networking platform, raised undisclosed amounts. These deals reflect the strong investor interest across various sectors in India's growing startup ecosystem. Meanwhile, in the previous week, 22 Indian startups secured approximately USD 112.35 million in funding. The deals included six growth-stage investments and 12 early-stage rounds, while six startups chose not to disclose the details of their funding.
