Latest news with #NewUrbanism
Time of India
05-05-2025
- Business
- Time of India
Oberoi Realty shares in focus on clocking Rs 970 cr in sales at Goregaon project
Oberoi Realty shares: Oberoi Realty's stock has risen 4.70% over the past year, but its performance in 2025 has been notably weak. Year-to-date, the stock is down 29.62%, with a 6-month decline of 18.72% and a 13.10% drop over the past 3 months. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Markets Oberoi Realty stock price history The shares of Oberoi Realty are expected to be in the spotlight on Monday, May 5, after the company announced robust bookings worth Rs 970 crore from the launch of Elysian Tower D at Oberoi Garden City , project, launched on April 30, 2025, recorded bookings for approximately 2.1 lakh sq. ft. of RERA carpet area and a saleable area of 3.25 lakh sq. new tower is part of Oberoi Garden City's flagship development in Goregaon, Mumbai, and includes a premium selection of 3 and 4-BHK residences ranging between 2,009 sq. ft. and 3,430 sq. across 80 acres, Oberoi Garden City offers a mix of upscale residences, commercial spaces, retail offerings, international schools, and hospitality services. The project is inspired by the New Urbanism concept and is well connected to metro, transport, and business networks, enhancing its appeal among high-end buyers.'We are truly delighted by the overwhelming response to the launch of Elysian Tower D in Oberoi Garden City Goregaon. This success not only reflects the enduring strength of the Oberoi Realty brand but also validates our long-term vision of creating integrated urban developments that redefine luxury living . The track record established by the sales in Elysian Towers A, B and C, and now the exceptional response to Elysian Tower D, is a strong endorsement of the vibrant ecosystem we have built at Oberoi Garden City Goregaon,' said Vikas Oberoi, Chairman and Managing Director of Oberoi Realty.'As we continue to shape Mumbai's skyline, our focus remains on delivering sustainable, design led and future ready developments that enrich lives and communities for generations to come,' he Realty's stock has gained 4.70% over the past 1 year. However, on a year-to-date (YTD) basis, the stock has declined by 29.62%. Over the last 6 months, it has fallen by 18.72%, while the 3-month performance shows a 13.10% drop. In the last 1 month alone, the stock has slipped by 1.09%.
Daily News Egypt
15-04-2025
- Business
- Daily News Egypt
Egyptian developer M squared launches MIST nature-centric mixed-use project in New Cairo
Egyptian real estate developer M squared has announced the launch of MIST, a mixed-use community in New Cairo designed around sustainable well-being principles, integrating residential, office, and commercial spaces within a nature-focused, walkable environment. The project marks M squared's expansion into New Cairo. M squared, the real estate arm of Intro Investments Holding, stated the development aligns with its focus on communities balancing urban living with environmental considerations . 'With our latest New Cairo project MIST, we are setting a new benchmark for integrated living in one of the most dynamic growth corridors in Egypt,' Eng. Karim Malash, CEO of M squared, stated. 'Bringing our signature community focus to Mist aligns with our vision to create vibrant, future-ready communities where every element – from design to delivery – is centered on enhancing our residents' quality of life. Every amenity, service, and leisure outlet is just a short walk from home, ensuring unmatched convenience without compromising the community's well-being.' MIST covers 45 feddans (approximately 18.9 hectares) and features low-density planning. Water features and green spaces constitute 80% of the residential masterplan area. M squared said the project was designed in collaboration with international architectural consultants and contractors, aiming for high construction quality, safety standards and timely delivery. The development is based on New Urbanism principles, an urban design approach promoting walkable neighbourhoods with a mix of housing and employment opportunities, accessible public spaces, and environmentally conscious design intended to reduce car dependency and foster community interaction. Central to MIST's design are two lakes, one for each residential cluster. These water features cover 20,000 square metres and are maintained using aeration and surrounding vegetation to manage water use, the company said. Associated amenities include pedestrian promenades, waterfront decks, and jogging trails. The residential component totals 110,000 square metres, comprising 850 units ranging from 65-square-metre one-bedroom apartments to larger two- and three-bedroom apartments and townhouses. M squared stated that designs prioritise functionality and space optimisation, with most units offering water or garden views. 'At MIST, we believe that true luxury lies in how a space is lived in, and how well its potential is utilized,' Eng. Ahmed Said, Chief Development Officer at M squared, said. 'Our homes are meticulously designed to maximize every square meter for comfort, functionality, and quality of life. The result is a living experience where residents enjoy generous, usable spaces that feel expansive, efficient, and perfectly tailored to modern needs.' The project incorporates features such as north-facing unit orientations to reduce cooling needs, advanced insulation, low-carbon construction materials, and solar-ready infrastructure allowing residents to install solar panels. A 'Plug N Play' feature facilitates smart home system integration. MIST has also obtained WELL certification, a standard assessing building impact on human health through factors including air quality, water efficiency, thermal comfort, and biophilic design principles. The commercial zone, with a built-up area of 100,000 square metres and 400 units, includes hypermarkets, retail outlets, local brands, banks, pharmacies, cinemas, and food and beverage options. M squared said it is designed to be accessible to the public but buffered from residential areas by lakes and serviced apartments. The administrative section offers various office formats, including whole-building options with independent entrances, studio offices, and coworking spaces. Resident amenities include a private Wellness Complex with sports facilities, lounges, restaurants, and a gym, alongside a Health Complex containing polyclinics and day-care medical facilities. M squared plans to deliver the first phase of MIST within four years, stating that infrastructure, amenities, and security systems will be operational upon handover to ensure residents have access to services and facilities. 'MIST is the culmination of years of experience and innovation at M squared,' Malash explained. 'Every square meter has been designed to maximize the resident experience – whether through smart layouts, sustainable features, or an environment that encourages active, balanced living. We are creating homes that nurture thriving communities and inspire well-being.' MIST is located in East Cairo, approximately 15 minutes from both the New Administrative Capital and the American University in Cairo campus, with access to the Regional Ring Road providing connectivity to other parts of Cairo.
Zawya
14-04-2025
- Business
- Zawya
M squared launches MIST, a nature-centric mixed-use community in New Cairo rooted in sustainable well-being
Residential units are designed to maximize functionality, prioritizing livable space and space optimization. The mixed-use community seamlessly integrates homes, offices, and retail within a walkable, sustainable masterplan. Cairo, Egypt – M squared, a leading Egyptian real estate developer and the real estate arm of Intro Investments Holding, announced the launch of Mist, a transformative mixed-use community in New Cairo. At the heart of the project's design lies the concept of sustainable well-being, as Mist redefines the urban experience by seamlessly integrating homes, offices, and commercial spaces into a nature-centric environment. At Mist, everything residents need - from essential services to leisure destinations - is thoughtfully placed within walking distance, creating a community where movement is easy. The project stands as a bold statement of M squared's strategic expansion into New Cairo, reinforcing its commitment to delivering vibrant communities that balance urban vitality with ecological consciousness. Strategic expansion into New Cairo 'With our latest New Cairo project MIST, we are setting a new benchmark for integrated living in one of the most dynamic growth corridors in Egypt,' Eng. Karim Malash, CEO of M squared, stated. 'Bringing our signature community focus to Mist aligns with our vision to create vibrant, future-ready communities where every element - from design to delivery - is centered on enhancing our residents' quality of life. Every amenity, service, and leisure outlet is just a short walk from home, ensuring unmatched convenience without compromising the community's well-being.' Spanning 45 feddans, MIST is distinguished by its low-density planning and innovative use of water and green spaces, with water features and lush landscapes making up 80% of the residential part of the masterplan. Designed in collaboration with leading international architectural consultants and contractors, the development offers a refreshing new standard for sustainable living in East Cairo, while implementing the highest standards of construction quality, safety, and timely delivery. Mist is based on the concept of New Urbanism, an urban design movement that promotes walkable neighborhoods with a diverse range of housing and jobs. It aims to create human-scaled urban environments that reduce reliance on cars and foster community interaction. Key principles include mixed-use development, accessible public spaces, connected street networks, and sustainable, environmentally friendly design. Nature-first masterplan: Where water and life meet Water lies at the core of Mist's design philosophy. The residential part of the development is divided into two clusters, each centered around its own ecofriendly lake. The water features, covering 20,000 square meters, are maintained through aeration and surrounding vegetation, and thus, optimizing water usage and minimizing environmental impact. The waterfronts and greenery are coupled with a wide array of outdoor amenities including pedestrian promenades, waterfront decks, and jogging trails, encouraging outdoor living and paving the way for a walkable connected community. Functional homes for a new way of living Residential areas at MIST span 110,000 square meters, offering 850 thoughtfully designed units that prioritize functionality and space optimization. Homes range from one-bedroom apartments starting at 65 square meters to larger two- and three-bedroom apartments and townhouses, all optimized for higher liveable areas. Nearly every unit enjoys a water or garden view, enhancing residents' connection with nature. 'At MIST, we believe that true luxury lies in how a space is lived in, and how well its potential is utilized,' Eng. Ahmed Said, Chief Development Officer at M squared, said. 'Our homes are meticulously designed to maximize every square meter for comfort, functionality, and quality of life. The result is a living experience where residents enjoy generous, usable spaces that feel expansive, efficient, and perfectly tailored to modern needs.' With most units strategically north-facing, Mist reduces reliance on mechanical cooling systems, enhancing energy efficiency, while incorporating advanced insulation, durable, low-carbon construction materials, and solar-ready infrastructure that enables residents to seamlessly install solar panels. In addition, Mist's 'Plug N Play' feature allows easy integration of smart home automation. The project has also obtained the WELL certification - an internationally recognized standard that evaluates how buildings contribute to human health and well-being. Such buildings ensure optimal air quality, water efficiency, thermal comfort, and biophilic design principles that enhance residents' overall well-being. Adding vibrancy with commercial and administrative zones Designed as an immersive lifestyle destination, MIST'S commercial component spans 100,000 square meters of built-up area with 400 units. The commercial strip is intertwined with natural landscaping, adding vitality to the community without disrupting residential peace. The commercial zones are open to the public but strategically buffered from residential clusters by lakes and serviced apartments. A carefully curated blend of hypermarkets, retail outlets, local brands, banks, pharmacies, cinemas, and F&B destinations ensures that residents have all essential services within reach. The administrative segment features a range of office formats - from whole-building offices with independent entrances to studio offices and coworking spaces - supporting diverse professional needs in a premium setting. The community also houses a private Wellness Complex exclusively for residents, offering sports facilities, lounges, restaurants, and a gym. Adjacent to it, the Health Complex includes polyclinics and day-care medical facilities, reinforcing Mist's vision of holistic, health-focused living. Pioneering delivery and community experience Delivery of MIST'S first phase is scheduled within four years, reflecting M squared's commitment to timely execution and delivering fully integrated, ready-to-live communities where residents have direct access to vibrant amenities, essential services, and daily conveniences. As with its other developments, M squared ensures that all infrastructure, amenities, and security systems will be fully operational upon handover, providing residents with a seamless experience. 'MIST is the culmination of years of experience and innovation at M squared,' Malash explained. 'Every square meter has been designed to maximize the resident experience - whether through smart layouts, sustainable features, or an environment that encourages active, balanced living. We are creating homes that nurture thriving communities and inspire well-being.' Prime location in Cairo's future city center True to M squared's legacy of choosing the prime locations of tomorrow, Mist positions its residents at the heart of East Cairo's future growth. The project is strategically located just 15 minutes from both the New Administrative Capital and the American University in Cairo, with direct access to the Regional Ring Road, ensuring seamless connectivity to Cairo's key hubs. A new milestone for M squared The launch of MIST marks an exciting new chapter in M squared's journey. Over the past nine months, the company has secured two prime land plots - 31WEST in West Cairo and Mist in New Cairo - successfully launching 31WEST in January 2025 and now introducing Mist. Building on the delivery of 1,156 residential units, a total landbank of 1 million square meters, and a growing community of 2,904 owners, M squared continues to drive its vision of becoming one of Egypt's top five real estate developers by 2035. Sales and inquiries Sales for MIST are now open. Interested buyers can contact M squared through its hotline 19979, visit its website at or follow the company's social media pages for updates. About M squared Founded in 2012, M squared is the real estate arm of Intro Investments Holding, an Egyptian conglomerate with operations in 15 countries across eight sectors. With a steadfast focus on sustainability, innovation, and customer-centric development, M squared is redefining Egypt's real estate landscape by delivering vibrant, integrated communities that blend modern living with environmental consciousness. The company's portfolio includes landmark projects such as Masyaf Ras Alhekma, Marmarica Boutique Cabanas, Trio in New Cairo, 31WEST in West Cairo, and 41 Business District.
Yahoo
12-02-2025
- Politics
- Yahoo
Why Are We Fighting?
Happy Tuesday, and welcome to another edition of Rent Free. This week's newsletter is a response to a recent essay in The Federalist that makes a conservative case against New Urbanism and its "assault" on property rights and the single-family zoning restrictions that protect them. Contradictory as it may seem, the argument that choice and property rights are best protected by regulations that limit choice and property rights is not uncommon in housing policy discussions. It's a byproduct of lots of varying ideologies and urban planning approaches trying to foist a particular vision on everyone else, all with partial success. The result is a lot of unnecessary arguments about the type of housing people actually want and the regulations necessary to ensure they don't voluntarily buy or rent something they don't want. Over at The Federalist yesterday, former first-term Trump administration officials Johnathan and Paige Bronitsky have a broadside attack on the "New Urbanist" plot to "bulldoze the suburban American dream" and the conservatives who've been hoodwinked into supporting it. There are "two faces" of this ideology, they write: On one end, you have high-density urbanism, where developers — in cahoots with machine politicians — cram as many people as possible into apartment blocks, eliminating cars and personal space under the guise of environmentalism and a sense of community. On the other, you have the faux-traditional, highly regulated enclaves of Seaside and Celebration, Florida, prohibitively expensive and ironically more artificial than the suburban developments they criticize. Despite their aesthetic differences, both forms of New Urbanism share a common goal: reengineering American life by discouraging homeownership. Conservatives, the authors continue, have been bamboozled into thinking this dystopia would be a positive improvement by an oddball collection of profit-hungry developers, leftists, and "crony capitalist" libertarians interested only in control and creating a permanent rentier class. Right-thinking right-wingers need to reject this "high-density, corporatist nightmare" in favor of "spacious, family-friendly suburbs where liberty thrives." You can read the whole thing here. There are plenty of critiques one could make of New Urbanism on free market and property rights grounds. It's a movement that does indeed have a highly particular vision for how communities should look that is highly critical of post-war suburban sprawl. They're more than willing to use regulation to set everything right. Yet, the authors of The Federalist essay can't decide if they want to criticize New Urbanism for constraining people's choices or for giving people choices beyond the standard post-war single-family neighborhood. The result is a contradictory tangle of critiques. The authors attack New Urbanists for discouraging homeownership. They also attack the New Urbanist–planned community of Seaside, which the Census Bureau reports has a 97 percent homeownership rate—well above Florida's overall homeownership rate of 67 percent. To be sure, the authors support affordable communities of single-family owner-occupiers, whereas overregulation in tiny Seaside (which covers less than half a census tract) has made it prohibitively expensive. One might say the same of many non–New Urbanist single-family-zoned neighborhoods of equal size across the country. We're told that New Urbanists are engaged in an "assault" on property rights. Through federal fair housing rules, they've also eroded "local control over zoning law" that happens to restrict people's property rights too. "Machine politicians" are trying to force everyone into family-unfriendly high-density housing. Instead, we need "policies that encourage more single-family homes." That would also seem to involve politicians putting their thumbs on the scales of how people live. Profit-seeking multifamily developers cynically pushed for the erosion of local zoning rules just to squeeze a buck. Do the builders of single-family homes operate their businesses as charities? New Urbanist–planned communities are allegedly secular wastelands bereft of houses of worship. That would seem to ignore the pious urbanist planned communities like Florida's Ave Maria. Standard single-family zoning rules, it should be said, are often not particularly friendly to churches trying to operate soup kitchens and cold-weather shelters. The list goes on. The Federalist essay is just one entry into an ongoing back-and-forth on the larger fight between free marketeers who support liberalizing zoning rules and zoning defenders who use the language of freedom and localism to support keeping those limits on property rights in place. These two factions were very much at war within the first Trump White House, when administration policy and rhetoric swung wildly between the pro- and anti-zoning poles. More broadly, the Federalist essay is part of a blinkered discourse that's deployed by suburban partisans and urbanist advocates of all political persuasions. Each side criticizes regulations that limit their preferred type of development and subsidies to development they consider second-best. (Typically, some weird constellation of partisan political foes and cynical capitalists are behind these nefarious regulations and subsidies.) Each side also either ignores, or outright advocates for, regulations that limit the type of housing they think is second-best and subsidizes their preferred option. The Bronitskys' essay is a good example of this hypocrisy being deployed in favor of the suburbs and standard zoning regulations. But their New Urbanist targets do this all the time too. New Urbanist "middle housing" reforms are pitched (correctly) as a way of expanding choice for buyers and renters. Often those reforms are paired with "McMansion bans" that restrict large single-family home development. Transit-oriented zoning can allow new apartments and shops near bus and train lines. The same zoning reforms can also ban new drive-thrus, gas stations, and low-density development. Odds are that in any decent-sized American city, you can find zoning districts that offend the sensibilities of both urbanists and suburbanists. With everyone trying to impose their prescriptive vision on society as a whole, everyone has some basis to claim that land-use regulations are threatening their preferred community and lifestyle. Truly, it does not need to be this way. Despite the Bronitskys' pot-shot at "doctrinaire libertarians"(a pot-shot plenty of New Urbanists might nod along to), a libertarian approach to land use would allow both sides of the land use wars to disarm. Free markets give people want they want at the price they're willing and able to pay. It's a setup that respects people's freedom while sorting out their preferences in the aggregate. Odds are free markets in housing would produce lots of single-family homes in low-density suburbs, lots of walkable communities full of middle housing that's missing no more, and lots of urban blocks where apartments and ground-floor retail go together like milk and coffee. None of these neighborhood types are bad things to want. None inherently conflict with each other. If one type of housing ends up predominating in this new free market in land use, so be it. By overregulating what people can build and where, we have put ourselves in a position of trying to reverse engineer people's housing preferences with white papers, charter documents, and confused, contentious opinion essays. It's exhausting and inefficient. There's a better way. Gothamist reports on the odd phenomenon of affordable apartments in New York City sitting empty for months. This isn't the result of landlords holding units off the market to drive up prices. Instead, it's the product of city regulations that put absurd limits on subsidized unit owners' ability to market to tenants. A zoning fight is getting personal in the community of Campton Hills, Illinois, where Village Trustee Janet Burson has been cited for operating a prohibited home-based massage business. The village's administrator says that Burson flipped him off when he confronted her about taking down language on her business website offering home-based appointments. Burson does not deny the accusation, telling the Daily Herald, "I do not deny I was uncouth. The ask was inappropriate. They had no business asking me to do anything with it." Portland, Oregon's citywide fourplex legalization is starting to take off. Michael Andersen of the Sightline Institute shared new data on Bluesky showing middle housing units enabled by the city's reform accounted for a quarter of new development last year. Donald Shoup, a professor at the University of California, Los Angeles Luskin School of Public Affairs and popularizing crusader against the high cost of free parking, has died. Former Texas legislator and first-term Trump administration official Scott Turner has been confirmed as the next secretary for the U.S. Department of Housing and Urban Development (HUD). Cambridge, Massachusetts, also voted to legalize four-story housing citywide. The Federal Emergency Management Agency halts federal grants for migrant housing in New York. The post Why Are We Fighting? appeared first on
