Latest news with #RajatVerma
ME Construction
3 days ago
- Business
- ME Construction
Prospect & Mulk Properties launch ‘The LX' in Arjan, Dubai
Property Prospect & Mulk Properties launch 'The LX' in Arjan, Dubai By The LX is set for handover in Q3 2027 with 71 premium boutique office units and two retail spaces Prospect and Mulk Properties have launched 'The LX', a US $94.5mn boutique office and retail development in Arjan, Dubai. The project was unveiled at a launch event held at the Waldorf Astoria, Palm Jumeirah and aims to meet the growing demand for premium commercial spaces in the city. One Broker Group (OBG) will be the exclusive sales partner for The LX, the statement confirmed. The LX is set for handover in Q3 2027 with 71 premium boutique office units and two retail spaces. The offering is said to represent a rare opportunity for modern businesses and discerning investors to own commercial assets in a location experiencing 'unprecedented growth'. With Dubai witnessing an all-time high demand for flexible, high-specification office spaces, The LX is poised to fill a significant gap in Dubai's commercial real estate sector. Mulk Properties brings international development expertise and long-term vision to the partnership. Dubai's commercial market is undergoing a significant shift, moving away from generic office towers towards purpose built, design-led spaces that prioritise community integration, functionality, and long-term investment value. This launch coincides with this transformative trend, the statement explained. 'The LX marks our strategic entry into Dubai's commercial property segment, and we've done so with intention and insight,' said Nawab Shaji Ul Mulk, Chairman of Mulk International. 'Our focus has always been on high-impact, future-proof developments. With Arjan's explosive growth and limited premium office supply, The LX provides the kind of asset that can define the district. Together with Prospect and OBG, we're setting a new benchmark for what boutique commercial development in Dubai should look like.' 'The LX isn't just another commercial development it's a targeted solution to an urgent market demand,' added Rajat Verma, Co-founder of Prospect. 'Our goal has always been to develop where demand is real and rising. As Dubai grows, so does the need for smart, well-located business infrastructure. Arjan is on the cusp of a commercial renaissance, and The LX will be at the forefront of that transformation. This project exemplifies Prospect's vision of delivering high-return assets in high-potential areas.' 'What sets The LX apart is not just its design or pricing – it's how perfectly it aligns with the market's future,' remarked Umar Bin Farooq, Founder & CEO of One Broker Group. 'We're witnessing a major shift in how commercial real estate is being utilised in Dubai. Businesses want flexibility, quality, and connectivity. Arjan offers all three, and The LX delivers on them at a premium standard. We're proud to represent a development that understands what the market truly needs.' With direct access to major highways, Al Barsha South, Jumeirah Village Circle, and Dubai Science Park, Arjan is one of the few remaining zones offering centrality without congestion. With thousands of new residential units being delivered, the demand for adjacent commercial infrastructure is rising sharply. The LX directly supports this growth by offering a professionally designed, investor-grade asset that balances prestige with practicality. The project exemplifies how visionary partnerships between developers and expert sales strategists can reshape Dubai's commercial real estate future. The LX, drawing strong interest from investors, SMEs, and entrepreneurs seeking a growth-focused location with ROI potential, is led by One Broker Group, which holds the exclusive sales mandate, the statement concluded.
CTV News
18-05-2025
- Business
- CTV News
Samsung must honour quote for cell phone trade-in, B.C. tribunal rules
A B.C. man who claimed he was short-changed by $87 when he traded in his cell phone has won a dispute with Samsung, according to a decision from the Civil Resolution Tribunal. The ruling was posted online Thursday, outlining the circumstances of the trade-in and the electronics giant's explanation for refusing to honour the originally quoted amount. Rajat Verma bought a new phone in 2023 and traded in his old phone for credit, the decision said. 'The parties agree on Samsung's trade-in process, which is as follows. Samsung has a tool on its website which allows a customer to assess a phone's trade-in value before purchasing a new phone,' tribunal member Amanda Binnie wrote, adding that in Verma's case, the value was calculated at $145. But after the phone was sent to a third party, Samsung told Verma the amount had been reduced to $58 because the phone was in 'damaged condition,' the decision said. Verma demanded more details about the damage via email and did not receive a response, Binne wrote. A follow-up email also went unanswered and Verma's account was adjusted to charge him the difference. The terms and conditions of the trade-in program contain a clause saying the amount can be adjusted in cases where the device 'differs materially' from what the customer has described, the decision said. Samsung told the tribunal it adjusted the value because Verma 'incorrectly answered a question about whether the display was fully functional, or whether there was damage or defects to the front or back glass,' Binnie wrote. Photos submitted by Verma as evidence to the tribunal showed what Binne described as 'minor cosmetic issues' with the phone, specifically, 'tiny chips in the paint along the top.' Given that, the tribunal found Samsung was not entitled to reduce the trade-in amount. The company, the decision noted, did not provide any evidence in the dispute 'despite being given the opportunity to do so.' Binne decided to proceed with a decision without waiting any longer for Samsung 'to provide evidence it may or may not have,' finding further delay would be 'procedurally unfair' to Verma. The company was ordered to pay Verman $87 to reflect the original trade-in quote of $145. Verma also sought $1,000 in punitive damages, alleging the company has 'shown a pattern of breaching its duty of good faith and fair dealing,' the decision said. In support of this claim, Verma relied on a Reddit page the decision described as 'showing other customers unsatisfied with Samsung's trade-in practices.' This, the tribal found, was not enough to demonstrate a pattern of behaviour. 'I find there is no evidence Samsung engaged in high-handed, malicious, or highly reprehensible conduct. So, I dismiss Mr. Verma's claim for punitive damages,' Binne wrote. Samsung was also ordered to reimburse Verma $125 in tribunal fees.
Time of India
02-05-2025
- Entertainment
- Time of India
Jamuniya fame Rajat Verma: Comedy gives instant feedback, but it's also the toughest genre
Actor Rajat Verma , known for his roles in Beyhadh 2 , Dahej Daasi, Ishq Par Zor Nahi, and Jamuniya , believes that while many actors dream of doing comedy, mastering the genre is far from easy. He opens up about the challenges and joy of making people laugh, calling comedy a true test of timing and talent. 'Comedy is a dream for many actors because it gives you instant feedback—if people laugh, you've nailed it,' he says. 'But it's definitely tougher than serious roles. In a dramatic scene, you can build up emotion, but in comedy, you have a split second to land it. And the audience will tell you immediately if it worked or not.' When asked about his comedy inspirations, Rajat names Akshay Kumar , Rajpal Yadav, and Sanjay Mishra. 'They have this incredible range. They can make you laugh with just a look or a single line. There's a lovable innocence in their performances, even when they play ridiculous characters. Their ability to be both hilarious and heartfelt makes them stand out.' He also highlights the shift in audience preferences, saying, 'Today, people love content that's rooted in reality. Relatable, slice-of-life comedy works really well—stories where you see your own life reflected in a funny way. Intelligent writing, everyday humour, and real characters—those are the ingredients for success now.' As he reflects on his recent show, Rajat shares a heartfelt message for fans. 'Thank you from the bottom of my heart for watching and supporting our show. We aimed to deliver an important message—never judge or discriminate based on someone's appearance. What truly matters is their inner beauty, heart, and character. If even a few viewers embraced that, we've achieved something meaningful. Your love made the journey worthwhile. '
Time of India
28-04-2025
- Entertainment
- Time of India
Rajat Verma: I was typecast as the boy next door, but I broke the pattern by choosing characters that weren't always likeable
Rajat Verma Rajat Verma , who has been part of shows such as Beyhadh 2 , Dahej Daasi, Ishq Par Zor Nahi, and was last seen as the male lead in Jamuniya , says he has often been typecast in the industry. The actor adds that it took him a while to break out of a particular kind of role and truly showcase his versatility. He says, 'The industry loves a good label — the boy next door, the Laxman-like brother. For a while, I played along, as I was new to the industry. Then I broke the pattern by saying yes to characters that weren't necessarily likable but were relatable — the roles that were refining my craft. I let my work do the rebellion, not my words. Every time they tried to define me, I redefined myself on screen.' He adds, 'I'm just too hungry to explore my craft. I find myself drawn to characters that challenge me as an actor and move something inside me. Maybe someday I'll be content with the fight within and begin a new journey — one that challenges societal norms.' When asked what kind of stories or characters he believes Indian entertainment needs more of, he replies, 'We need stories where men can cry without shame and women don't need to be rescued. We need more flawed women, more quiet men, more love stories that aren't just about falling in love but about growing through it. We need fathers who fail, sons who forgive, lovers who aren't perfect, and friendships that don't always survive. We need narratives that move beyond stereotypes and dive into the beautifully messy middle of the human experience. We need nuance, not just noise.' In fact, he ensures he doesn't take up roles or stories that he doesn't personally align with. 'Fame is tempting, but peace of mind is non-negotiable. Saying no is my way of protecting the storyteller in me. I'd rather wait for the right silence than speak the wrong words,' he says.
