In order to provide furnished apartments in Rustomjee’s residential project, IKEA Group has reportedly entered into a strategic alliance with realty developer Rustomjee Group. IKEA India is expected to provide ready-to-assemble furniture for around 1,200 apartments in Rustomjee’s project Global City Virar in Mumbai. The project will be reportedly delivered in two years by December 2020. the strategic alliance is expected to deliver Rs 7 billion affordable furnished homes. Besides, Rustomjee has already delivered nearly 5,000 apartments in the first phase of township Global City and is now launching 1,750 units in the next phase. IKEA furnished homes will be part of these newly launched phase.
Fabindia is in plans to scale up its large-format stores in order to raise its engagement with customers through Experience Centres. The company is expected to open 40 such experience centres by March 2020. The experience centres aim to contribute significantly to the company’s sales in the long-term. The centre will reportedly house apparel, organic food, accessories and home and lifestyle products along with customisation facilities and an interior design studio. Besides, on the retail front, the company had also started offering bespoke services for men on its website. The company aims to expand its business in Chandigarh, Kolkata and Pune.
Apeejay Surrendra Park has reportedly announced the launch of a new hotel Zone by The Park in Kolkata. Located in New Town, the group refers to Zone by The Park as an upscale brand catering to price-conscious’ travellers. With 117 rooms, Zone by The Park aims to appeal to the growing millennial Indian and international travellers coming to Kolkata. The launch is expected to strengthen Apeejay Surrendra Park Hotels’ position in West Bengal. Besides, the company has already established its mark in West Bengal with the set up of THE Park Kolkata and The Denmark Tavern in Serampore. The group's Park Hotels are present in Bengaluru, New Delhi, Chennai, Hyderabad, and Kolkata with upcoming hotels in Mumbai and Indore.
A new business line of hospitality industry has been added by Saboo Sodium Chloro. It has reportedly built a five star wellness resort and spa Samskara Resort at Jaisinghpura village, Peepla in Jaipur. For leasing the resort to the Mahindra Holidays & Resort India (Club Mahindra), the company has signed a LOI for 15 years on an annual lease of Rs 25.6 million, which will directly be reflected in the bottomline of company for the next 15 years and will increase overall profitability of the company. The lease rent is expected to be escalated after every three years period.
Through the launch of its Perennials India manufacturing facility, Perennials and Sutherland has expanded its presence to South Asia. Spread across 45,000 sq ft, the Dallas-based textile and furniture source houses weavers, operation centre and looms in its Gujarat unit. The new space will reportedly accommodate a total of 100-120 loom and more than 200 local weavers will be using the practice of solution-dyeing acrylic fibers for each rug, an output which is expected to increase with the opening of the new facility.
Designing home and customised premium furniture brand, Ferroart will be reportedly offering interior concepts as well. The firm offers unique concepts on wire free interiors, functional interiors, space saver interiors and techno interiors. On prior appointment basis, interested customers can also meet Sagar Bhadbhade, Principal Designer and Founder of Ferrorat and interact with him. The interior design team promises to give the best-in-class services to its customers.
Husband-wife duo Jason Maclean and Jenny Rose, who had opened Studio Maclean in 2013, have reportedly bought the Modern House in London which was built by architect Martin Crowley. Hosting three identically sized bedrooms, a kitchen, a bathroom and a living area, its garden is framed by a sculptural arrangement of black I-beams that extend out from the structure, Case Study-style.Outside the floor-to-ceiling glass of the living space and master bedroom is a thicket of dark green bamboo, which helps screen the towering Georgian terraces that march up Camberwell Grove behind the house.
Bivouac Luca Pasqualetti, a prefabricated shelter, has been reportedly built by Roberto Dini and Stefano Girodo. The house is located on the edge of a mountain peak in Valpelline, Italy and has been developed in collaboration with LEAPfactory. The structure is divided into four high-strength composite panels which are made from wood and steel. Sitting on temporary metal foundations, the panels form a small metal clad hut with a pitched roof. The entrance is structured at the centre and its interiors are lined with wooden panels, thus creating an aesthetic look.
The newly constructed Benaroya Wing of Washington’s Tacoma Art Museum is expected to be open for the public soon. The wing hosts an additional 4,800 sq ft of gallery space to house 350 works of art that have been donated to the museum by the Benaroya family, along with a rotation of special exhibits. Vista Gallery, a 46-ft wide wall of floor to ceiling windows, is the key factor of the wing. Designed by Oslon Kundig and Kirsten R Murray, scale, lighting and protection are the elements of conception of the gallery’s design.
remodelmate, the DC-based home renovation marketplace, has reportedly signed a strategic partnership with nationwide interior design service Havenly. The partnership is expected to allow remodelmate’s customers to purchase a templated kitchen renovation, which is designed by Havenly’s Head of Design Shelby Girard. Worth $24, 530, The Shelby will reportedly be exclusively available for remodelmate customers in theMaryland and Virginia. The kitchen renovation includes a countertop, backsplash, sink and faucet, cabinets with knobs and pulls, dishwasher, oven and stove top, hood range, shelf brackets, and a refrigerator. The coming week, remodelmate is expected to launch a major product update, remodelmate 2.0, which will digitise and automate the home renovation process.