DISNEY AND VESPAAn exciting collaboration

Milan, 21st June 2023: Two iconic brands meet in a limited edition collaboration that celebrates a very special anniversary: Vespa presents Disney Mickey Mouse Edition by Vespa.

The two brands have always been in the zeitgeist thanks to an iconography made up of unmistakable shapes and colours, with Vespa valuing freedom and fun, shared with Disney’s values of storytelling and escapism this makes for the perfect collaboration. The über-famous scooter recently became the very materialization of dreams in the fantastic adventures of Luca, Disney and Pixar’s animation masterpiece.

Today these two timeless icons come together on a special project for Disney100, with Vespa paying homage to this anniversary through a global collaboration of the two unique brands with a Disney Mickey Mouse Edition by Vespa.

Vespa is more than just way of transportation, it is a way of life: the extension of a rider’s personality, of their history and journey. A wonderful travel companion that, in this special edition, sets the imagination free and encourages us to dream big.

Michele Colaninno, Chief Executive of global strategy, product, marketing, and innovation of the Piaggio Group, commented on this collaboration as follows: “Dreams allow us to look to the future with optimism, even in complex times such as these. A timeless icon like Vespa could not fail to celebrate, on this very special occasion of Disney’s 100th Anniversary, an equally everlasting icon like Mickey Mouse, with a tribute to creativity, imagination, light-heartedness, and fun – the very values that have always anchored Vespa. Today, as then. This collaboration between Vespa and Disney represents the celebration of two historic companies that have a common dream: to allow everyone to express their imagination freely.”

Claire Terry, Senior Vice President, Disney Consumer Products, Games & Publishing EMEA said, “Just like Mickey Mouse, Vespa is a cultural icon, evoking a sense of fun and adventure and together they form a wonderful combination, truly extending our timeless storytelling. We are incredibly excited to bring this version of the iconic scooter to our fans in our centenary year and bringing all of Mickey’s charm and personality to road trips wherever people want to go!”

For this collaboration, the Vespa Primavera 50cc, 125cc and 150cc are coloured black, red, white and yellow: the same hues that have characterised Walt Disney’s most famous mouse for decades. The yellow wheels are reminiscent of Mickey Mouse’s shoes, while the black mirrors recall his unmistakable round ears. A graphic pattern outlining the character’ silhouette decorates both sides of the scooter as well as the front. Finally Mickey Mouse’s signature could not be missed, featured on both the saddle and the front shell.

Disney Mickey Mouse Edition by Vespa comes with a matching helmet in the same stunning colours.

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Infinix’s Note 30 5G is the best 5G smartphone in the segment

Highlights

·         Immersive entertainment experience: AndroidTM 13 operating system, IPS LTPS 6.78-inch FHD + 120Hz eye care AMOLED display with TUV Rheinland Eye care certification and dual stereo speakers tuned by JBL

·         Power-packed performance: Backed by MediaTek Dimensity 6080 6nm Processor with XOS 13 skin, with Dual Nano SIM and a dedicated Micro SD card slot

·         All-Round Fastest charging in the segment including reverse, AI smart charging mechanism and bypass charging

·         Advanced camera: A Rear 108MP Triple Camera and 16 MP front camera with a Rear flash+ Front Dual Flashlight. The Note 30 5G also comes with Dual-View Video, Super Night Mode, Sky Remapping, and AI Cam Beauty features

·         Powerful battery: Backed by a 5000 mAh battery and Multimode 45W All-Scenarios Type-C Charging

·         Memory Variants: (8+8)GB + 256GB (Focussed) and (4+ 4)GB+128GB

·         Premium & elegant design: Multiple Vibrant Colours including Interstellar blue, Magic black and sunset gold, Chequered Square Matte Finish and Vegan Leather Design

 Bangalore, June, 2023: Infinix, a renowned smartphone brand, has unveiled its latest offering in the tech space, the Note 30 5G smartphone, following the tremendous success of its previous 5G smartphone model, Note 12 Pro 5G. This new smartphone is set to be available on Flipkart starting from June 14th and is being hailed as the “ultimate 5G device in its category.” It boasts an impressive array of features, including a cutting-edge high-resolution camera, an immersive entertainment experience, generous storage capacity, rapid and safe charging capabilities, and a premium design that sets it apart from others in its segment. The Note 30 5G supports a total of 14 5G bands and is competitively priced at 13,999* and 14,999* for 8*+128 GB and16* GB+256GB memory variants respectively.

 Highlights

·         Immersive entertainment experience: AndroidTM 13 operating system, IPS LTPS 6.78-inch FHD + 120Hz eye care AMOLED display with TUV Rheinland Eye care certification and dual stereo speakers tuned by JBL

·         Power-packed performance: Backed by MediaTek Dimensity 6080 6nm Processor with XOS 13 skin, with Dual Nano SIM and a dedicated Micro SD card slot

·         All-Round Fastest charging in the segment including reverse, AI smart charging mechanism and bypass charging

·         Advanced camera: A Rear 108MP Triple Camera and 16 MP front camera with a Rear flash+ Front Dual Flashlight. The Note 30 5G also comes with Dual-View Video, Super Night Mode, Sky Remapping, and AI Cam Beauty features

·         Powerful battery: Backed by a 5000 mAh battery and Multimode 45W All-Scenarios Type-C Charging

·         Memory Variants: (8+8)GB + 256GB (Focussed) and (4+ 4)GB+128GBPremium & elegant design: Multiple Vibrant Colours including Interstellar blue, Magic black and sunset gold, Chequered Square Matte Finish and Vegan

Sharing his thoughts around the latest launch, Mr. Anish Kapoor, CEO of Infinix India, said, “At Infinix, we are committed to meet the discerning demands of the consumers through constant innovation in technology and products. Infinix Note series has proven to be a success in bringing great product experience for our users and scaling the brand to newer heights. With Note 305G, we aim to fill the gaps in the industry driven by the lack of differentiated offerings in a 15K-20K segment. As we unveil the Note 30 5G, we are set to redefine the tech landscape through revolutionary features such as bypass and AI smart charging  mechanism that will definitely solve the low-battery anxiety in people’s everyday routines especially the gamers. The series will also offer our users a seamless fusion of premium aesthetics, unmatched performance, and immersive entertainment, all encompassed within one extraordinary device. We are confident that this smartphone will give the consumers an optimal blend of 5G connectivity and exceptional value, empowering them to stay connected, entertained and enjoy an unparalleled user experience.”

Stellar performance:  Operating on the latest AndroidTM 13 operating system, the new Note 30 5G is a premium device powered by the robust MediaTek Dimensity 6080 chipset based on 6nm fabrication technology with an Intelligent resource management engine for better performance. The device is equipped with the biggest storage of 256 GB for high-quality photos, videos, music, and documents with up to 16GB RAM in the segment. The smartphone encompasses several category-first aspects, including having the industry’s first Super Signal Technology. Users can ensure minimal power consumption when using Infinix’s Clever 5G 2.0 mode. It further helps the 5G network combine its connections to the 2.4GHz and 5GHz Wi-Fi networks, the 4G network, and others to improve the network bandwidth and performance.

The PC 2.0 feature in the device enables high-speed, reliable mobile internet connection to your computer and laptop. The Note 30 5G is also NFC enabled, assuring convenience & ease of use, improved operational efficiency, and enhanced security for faster payment transactions. The new 5G device has the latest XOS 13 skin for faster and smoother performance.


Best & Immersive Entertainment Experience: Users can also experience immersive multimedia entertainment in the premium-looking device through its Dual Speakers featuring JBL Surround Sound. With an IPS LTPS big 6.78-inch Full High Definition + 120Hz eye care AMOLED display with TUV Rheinland Eye Care Certification, users can effectively edit, view, and utilise productivity apps like email, documents, presentations, and calendars, ensuring less strain on their eyes. The 5G smartphone also has a Dual Nano SIM slot supporting both personal and professional work and a Micro SD card slot for additional storage.

No more charging anxiety: The Note 30 5G promises zero charging anxiety being the All-Round Fastest charging in the segment. The Multimode 45W All-Scenarios Type-C Charging with a 5000mAh battery can fast charge almost 99% of smartphones and tablets, supporting up to 45W super wired fast charging and 20 minutes to 55%. The bigger battery ensures fewer worries for heavy users and gamers for intense gaming and continuous streaming.  It is further supported by Intelligent Power E-IQ AI intelligent night charging feature to help users independently learn about their phone usage habits and thoughtfully opt for the best charging solution for themselves. The device also embraces Intelligent Power E-IQ 24/7 safe charging technology, enabling multiple charging protections from overcharging, extreme temperatures, unstable voltages, and automatic power-off situations. Infinix’s Wired Reverse Charging technology also gives users the opportunity to be a saviour to others when they are in a no-power zone. Notably, the Note 30 5G is the only device that guarantees Water Drop Detection, which is a safety measure to protect your phone from moisture, damage, and corrosion. 

Water Drop Detection Feature

Breathtaking camera: Users can achieve the perfect shot with the help of the rear 108MP Triple Camera and take better selfies through a 16 MP front camera featuring a Rear flash+ Front Dual Flashlight. The camera of this premium-looking device stands out for its Dual-View Video, Super Night Mode, Sky Remapping, and AI Cam Beauty. 

Premium & Iconic Design and immersive software experience: Besides the advanced features, the latest 5G smartphone has its design game on point. The smartphone sports two different patterns on the back; Chequered Square Matte Finish and Vegan Leather Finish in multiple vibrant colours that users can proudly flaunt and stand out with elegance and sophistication. The Note 30 5G also comes with NFC, IP53 Rating, Latest XOS13 Based on Android 13, 2-Year Security Patch & 1 Android Upgrade Promise. Considering the customer-centric approach, Infinix has developed a robust network with 1250 service centres across 1000 towns in India, allowing users to access a responsive after-sales experience. Infinix devices come pre-installed with the Carlcare App that empowers users to locate their nearest service centre and indicates to them the availability of parts at the service centres.

*inclusive of bank offers with a no cost EMI option starting from INR 2333.

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BOUNCE Inc Launches its Indoor Action-Adventure Park in Bengaluru

To Invest Rs 100 Crores for India expansion in the next 2 years
India’s largest trampoline park spread over 40,000 sq ft with over 20 attractions and 100 plus trampolines.

BENGALURU, 14th June 2023 – BOUNCE Inc, a global freestyle movement inspiring self-expression and human connection in physical activity, has launched a massive indoor adventure park in Bengaluru. Setup with an investment of Rs 20 Crores, this new facility, located in Orion Mall, Brigade Gateway is spread across 40,000 square feet, offering an unparalleled experience of joy, fun, and self-powered adrenaline – not only for fitness enthusiasts but for people of all ages. With over 20 attractions, including the Free-Jump arena, High Performance area, X-Park, Zip Line, Wall Climb, mini BOUNCE, and much more, BOUNCE Inc Bengaluru guarantees an action-packed adventure at attractive prices. The facility boasts 100 plus trampolines, providing ample space for visitors to explore and enjoy the various activities on offer. The venue can also be booked out for birthday parties, school excursions and corporate events.

Commenting on the launch, Keyur Nagori, Director, BOUNCE Inc India said, “Our newest BOUNCE venue further reaffirms our commitment to bring world class facilities that provide the newest fitness trends to the people of Bengaluru. With a majority of Indians chanting the fitness mantra and moving towards a more active lifestyle as part of the ‘Fit India Movement’, this trampoline park will provide the perfect blend of fitness and fun for people of all ages. We plan to take our commitment to fitness and fun further by setting up similar facilities in other cities of the country in future. We plan to invest Rs 100 crores for our India expansion plans over the next two years. Our trampoline park is designed to comfortably accommodate a maximum of 400 individuals at a time and provides an exhilarating experience for individuals of all ages while prioritizing their safety.”

From the Big Bag, Slam Dunk, and Dodgeball courts to the Wall Climb, Zipline, and the famous BOUNCE X-Park obstacle course, this indoor park offers a wide range of attractions for everyone.

Elaborating on fitness advantages, Tarandeep Singh Sekhon, Chief Business Officer, BOUNCE Inc India, said, “We strongly advocate the phrase ‘If you can walk, you can bounce’ as our trampoline park is not just about bouncing but also brings in aspects of fitness, fun and entertainment for people of all age groups. A mere 10 minutes of bouncing on a trampoline provides a better cardiovascular workout than 33 minutes of running. Additionally, trampolining improves coordination, agility, and body awareness. We are open on all days and have multiple packages for people to choose from, including hourly tickets, memberships, offers and host of other options tailor-made for birthdays, school and corporate outings”.

“BOUNCE Inc is committed to ensuring the safety of its customers. Across all our venues globally, the company has established a rigorous safety system, adhering to international industry best practices. This system includes venue management procedures, safety signage, safety announcements, patron rules, and a global safety committee that regularly convenes to ensure the highest standards of safety are maintained.” said Swanil Sule, Chief Operating Officer, BOUNCE Inc India.

Speaking at the inauguration, Sunil Munshi, VP Retail, Orion Malls by Brigade Group said, “Orion Malls has consistently been the preferred destination for national and international brands to expand their business in the country. We are excited that BOUNCE has selected our mall for their largest indoor adventure park in the country, to give an unmatched trampoline experience for people of all ages.”

BOUNCE Inc Bengaluru is set to redefine the entertainment landscape in the city, offering an unparalleled adventure experience that combines fitness, fun, and excitement. Having successfully operated 32 locations in 16 countries worldwide, BOUNCE Inc is excited to introduce the concept of ‘Rebound Exercise’ to Bengaluru, promoting the health benefits of trampolining.

For more information about BOUNCE Inc Bengaluru, visit http://www.bounceinc.in
Park Timings: Daily, 11 AM to 9 PM
Address: BOUNCE Bengaluru, 3rd floor, Orion Mall, Brigade Gateway, Rajajinagar, Bengaluru, Karnataka 560 055
Download BOUNCE logo assets: https://bit.ly/BOUNCElogo

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Housing prices rise 8% YoY in Q1 2023 amidst strong demand in the sector: CREDAI – Colliers – Liases Foras| Housing Price-Tracker Report Q1 2023

During Q1 2023, overall housing prices in India increased by 8% YoY; Delhi NCR continues to lead, at 16% YoY
Overall unsold inventory expanded 12% YoY
Delhi NCR witnessed the steepest decline in unsold inventory, at 9% YoY

India, 14th June 2023: Housing prices across the top eight cities in India increased 8% YoY amidst strong housing demand and consistent quality launches by top developers. Delhi-NCR saw the highest increase in residential prices at 16% YoY, followed by Kolkata and Bengaluru with 15% and 14% YoY increase respectively. Despite rising interest rates, housing prices have been on the rise led by consistent demand seen since last year. As the interest rates are now expected to have peaked, a pause in the rising repo rate paired with healthy domestic economic outlook will keep the market sentiment upbeat.
CREDAI President Boman Irani, said “Owing to a conducive buying eco-system, homebuyers’ sentiment has been quite positive for the past few quarters. This is also validated by the sheer volume of sales that we have been witnessing in the recent past, especially in Tier 1 cities across India. Despite the rise in housing prices, which is primarily owing to rising raw material costs and this consistent demand, we expect the strong momentum to continue as consumers have shown a clear appetite to buy new, bigger houses with better amenities – especially in the post pandemic era. There is also a greater thrust on Green Development projects, with homebuyers inclined towards sustainable houses that are beneficial not just to the environment but also financially, in the long term.”
The top eight cities continued to witness a rise in new launches, as developers planned to tap the rising demand, owing to which the overall unsold inventory rose 12% YoY. With a spurt in new launches, about 95% of the unsold units in the top cities were under- construction. Hyderabad saw the highest jump in unsold inventory levels, at 38% YoY. At the same time Delhi NCR, Bengaluru and Chennai saw a dip in unsold inventory, on the back of significant rise in sales. MMR continued to account for the maximum share in unsold inventory at 37%, followed by Pune at 13%.
“The residential real estate in India bounced back post the pandemic and continues its strong momentum since the last year. Aided by increased preference for home ownership, relative affordability, quality supply, the sector has remained resilient, offsetting the challenges posed by higher interest rates amidst global headwinds. Given the positive

market fundamentals, both end-users & investors can find their sweet spot in this sturdy market. Amidst this upswing, housing prices in India witnessed an 8% YoY rise during the first quarter of 2023.,” said Peush Jain, Managing Director, Occupier Services at Colliers India.

Pan India residential prices Q1 2023 (in INR/sq ft) –
City
Average Price Q1 2023
QoQ Change
YoY Change

Ahmedabad
6,324

2%
11%

Bengaluru
8,748

6%
14%

Chennai
7,395

-1%
4%

Hyderabad
10,410

3%
13%

Kolkata
7,211

1%
15%

MMR
19,219

0%
-2%

Delhi NCR
8,432

0%
16%

Pune
8,352

0%
11%

Source: Liases Foras, Colliers
All the prices are based on carpet area

“Despite a 250-basis point increase in the RBI’s repo rate since May 2022, the residential sector in India remained resilient through 2022 & in Q1 2023. The resultant increase in home loan interest rates, did not defer demand, as the momentum of sales continued unabated. With developers focusing on delivering relevant supply at the right price & location, residential real estate is expected to remain promising in 2023,” said Vimal Nadar, Senior Director and Head of Research, Colliers India.
Housing prices in Delhi-NCR up 16% YoY, highest amongst the top eight cities
Housing prices in Delhi-NCR has seen a steady rise since the last eleven quarters. Notably, Dwarka Expressway witnessed a significant price rise at 59% YoY, largely led by opening of Central Peripheral Road and the loop connecting Dwarka expressway with NH-8. Housing prices in Golf Course Road too surged 42% YoY. The revised prices in Golf course road micro market now account for the highest property values in the region, surpassing the housing prices of Delhi micro market, which was the highest so far. The unsold inventory in the region dropped by 38% compared to the pre-pandemic levels, highest amongst the top eight cities of the country, indicating healthy market dynamics. The region also witnessed the steepest decline in unsold inventory at 9% YoY during Q1 2023, signaling positive consumer buying sentiment.
Unsold inventory in Hyderabad swelled by 38% YoY during Q1 2023
Unsold inventory levels in Hyderabad went up by 38% YoY, highest among the top eight cities in India. The surge in unsold inventory can be largely attributed to the spurt in new project launches, particularly in the Northwest and Southwest regions of the city (Gachibowli, Kondapur, Nanakramaguda and Kokapet). Despite increase in unsold inventory, housing prices in Hyderabad have consistently shown a rise over the past nine quarters. Overall, housing prices in the city surged 13% YoY during Q1 2023.

Housing prices in MMR remain rangebound, unsold inventory up at 29% YoY
Housing prices in MMR largely remained stable, during Q1 2023. At the same time peripheral micro markets like Panvel witnessed a 9% increase on YoY basis, followed by western suburbs at 6.4%. Moreover, the region continued to account for the highest share in unsold units amongst the major cities in India. Unsold inventory has been consistently rising in the region for the last few quarters, led by new project launches in the city.
“FY 23 witnessed the highest-ever new launches and sales across major Indian cities in India. The trends will likely continue, the sale and supply will likely grow, and the price rise will be moderate,” said Pankaj Kapoor, Managing Director – Liases Foras.

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MONIN launches its second Indian flagship ‘Experience Studio’ inBengaluru

Bengaluru, 13th June 2023: MONIN, a premium French brand and trusted partner for hospitality professionals all over the world, has announced the launch of its exclusive ‘Experience Studio’ in Bengaluru. The Studio is the latest among many such centres that MONIN has across the globe. This studio in Bengaluru is the second one in India, after New Delhi that was launched in 2021. The centre will serve as an innovation hub for HORECA professionals and educational institutes located in South India.

Spread across a luxurious 2,000-square-foot, this Experiential Studio located in Indiranagar, will act as a platform to conduct beverage innovation & personalized menu curation sessions for bartenders, mixologists, baristas, Chefs along with curating educational modules for Students of Bar Schools & Hospitality Institutes. This ‘House of Innovation’ will offer its guests an opportunity to witness the world of artistic beverage and culinary creations at its best and act as a catalyst to exchange creative ideas and discover new applications catering to the Indian palette and bring together stakeholders of the beverage industry. In terms of the design of the space, an overlay of minimal neoclassical aesthetics enhances the mood making it warm and inviting. The space is a fine amalgamation of the history and heritage of the place, and the essence and exclusivity of the French brand. Sustainability is the key when it comes to the use of every design element here; right from the úse of refurbished furniture to plants that makes the place an abode of tranquility.

Germain Araud, Managing Director, MONIN India, sharing his views on the new launch said, “With our new Bengaluru Studio, we want to bring the exclusive MONIN experience to the connoisseurs in Southern India. We already have a center in Delhi and this is our next offering for the Indian audience whose taste changes every 100 Kms. As part of our ‘Make in India’ commitment, the company has a robust expansion plan for India and has a factory planned to be commissioned in 2025.” “With this Experience Studio, we continue with our mission of curating gourmet beverages for the people of India. MONIN has a rich legacy of being a sustainable brand and is looking at building a community here of like-minded creative people and entrepreneurs who believe in creating magic with flavours”, he added.

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