Planet Smart City launches 60 million EURO capital raise

Planet Smart City, a global pioneer in smart affordable housing announced the commencement of a 60 million Euro capital round. Planet sales of ~USD 105 million in 2021, more than doubled the sales in 2022 of USD 52 million dollars. The capital increase is intended to accelerate the implementation of Planet's ambitious business strategy, which involves the launch of about 54 smart projects i.e. 40,000+ housing units. over the next three years. A multidisciplinary approach is used in the creation of new large-scale residential real estate developments, including technical innovation, digitalization of services, and solutions that enhance sense of community.

Click on the link to read the full article: https://realty.economictimes.indiatimes.com/news/industry/planet-smart-city-plans-to-raise-60-million-euros-to-expand-business-in-india-other-countries/89739833

Read more related stories

Smart Water ManagementApril 8

Detecting Internal Leakage in Apartments: Smart Solutions for Housing Societies

Smart Water Management

Water conservation is essential for the sustainability of housing societies. However, undetected internal leaks are one of the most significant causes of water wastage. Not only can these leaks lead to increased water bills, but they also damage property, strain maintenance resources, and even affect residents’ health. The good news is that internal leakage in […]

community managementApril 8

Housing Society Maintenance Management, the Smart Way

community management

What is Society Maintenance? In any housing society, shared living depends on shared responsibility. At the heart of this is society maintenance—a structured system for managing the upkeep and functioning of all common facilities. From the cleanliness of corridors to the smooth operation of elevators and the security at the gate, everything runs on a […]

Social CommunitiesApril 7

Income Tax for Housing Societies: Everything You Need to Know

community management Social Communities

Managing a housing society involves more than just maintaining common areas and ensuring smooth community living. It also requires financial compliance, including understanding income tax regulations. Many cooperative housing societies believe they are exempt from taxation since they operate on a not-for-profit basis. However, the reality is more nuanced. This guide offers a clear overview […]