investments Infotoday

Maxim Oreshkin Highlights the Growing Role of BRICS in the Global Economy at the International Symposium “Creating the Future”

November 7, 2024

New Delhi [India], November 5: Further global economic growth will be driven by BRICS countries, stated Maxim Oreshkin, Deputy Chief of Staff of the Presidential Administration of the Russian Federation, during the “Future of a Multipolar World” panel discussion at the “Creating the Future” International Symposium held at the National Center “Russia.”

“At the BRICS Summit in Kazan, a large portion of the global economy was represented. The BRICS countries continue to dominate global sustainable growth and the global economy. The economic growth of the future will be generated by the countries represented at the Kazan Summit. As BRICS countries increasingly dominate the global economy, more elements of the global growth platform are becoming non-Western, non-American, and instead belong to BRICS nations,” emphasized Oreshkin.

The Deputy Chief of Staff also noted that an increasing number of BRICS and Global South countries are asserting themselves in the technological arena and leading in many markets. For instance, China is the leading country in the electric vehicle market, while Russia plays a prominent role in nuclear energy.

“A key factor here is investment–it’s what drives economic growth. Investments will reveal the potential seen in developing economies along a sustainable growth path. Russia and other BRICS nations, as stated in the summit’s declaration, recognize significant opportunities within existing institutions like the New Development Bank (NDB) of BRICS,” he added.

According to Oreshkin, the ideology of BRICS attracts countries due to its commitment to two principles: resolving all issues through consensus and focusing on a positive agenda. BRICS is aimed at finding joint solutions to improve the world, foster development, and enhance people’s quality of life.

“The position of Russia and other BRICS countries is proactive. Some things are better achieved quietly, without drawing attention. Today, we’re discussing how the Russian economy has emerged from the pressures of recent years. This has been possible due to proactive policies, especially since 2014. Numerous institutions within the Russian economy have been established to provide support. In 2022, we didn’t just react to the adverse pressure from Western countries; we took proactive measures that not only minimized negative impacts but also yielded significant positive benefits,” added Oreshkin.

The “Creating the Future” International Symposium runs from November 4-6. Participants include scientists, researchers, futurists, science fiction writers, and government officials from 101 countries, including Russia, India, Italy, Iran, China, the UAE, Serbia, the USA, and France. The program includes over 60 sessions across four key themes: the future of humanity, the future of technology, the future of a multipolar world, and the future of civilizations. Program details and event broadcasts are available at https://future.russia.ru/.

The “Creating the Future” International Symposium is the inaugural event of the National Center “Russia,” established on July 1, 2024, by decree of the President of the Russian Federation, Vladimir Putin. The center is dedicated to preserving the legacy of the “Russia” International Forum and Exhibition, showcasing the achievements of the country and its people. The center’s activities involve federal government bodies, state-owned companies, corporations, and regional authorities.

Media Contact: pressa@russia.ru

National Center “Russia” Website: https://russia.ru/

Symposium “Creating the Future” Website: https://future.russia.ru/

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Business

Hiranandani launches Tierra III – 5 lakh sqft. of managed villa plots in Chennai

August 31, 2024

As time evolves, so do the needs for more meticulously managed plots for sale in Oragadam and other parts of the country. Today’s astute real estate investors have exceptionally high expectations. They demand not only high-quality plots for sale but also excellence in service, safety for their investments, and best-in-class social and civic infrastructure.

Having an experience of over 40 years, the Hiranandani Group has been able to successfully cater to the evolving needs of today’s customers. Hiranandani Gardens, at Mumbai and Hiranandani Estate, at Thane are award-winning townships and are shining examples of harmonious township living.

After the success of two phases of plotted development at Hiranandani Parks, Chennai, Tierra III was launched to cater to the growing demands of quality villa plots in Chennai within a mixed-use, integrated township. Hiranandani Parks is a 360-acre township, located at Oragadam, south-west of Chennai. The township boasts a fine mix of residential towers and neo-classical villas and offers managed villa plots in Oragadam.

The new launch, Tierra III spans 25 acres, with sizes ranging between 600 to 4000 sqft. With ‘managed plots’ being the underlying philosophy, key features include 100% clear title with immediate patta transfer, clearly defined plot boundaries, plug ‘n’ play civic infrastructure, villa design and build assistance – to maintain the architectural ethos of the township. Plots for sale in Oragadam are now available at Tierra III.

Understanding the need and affinity of the Chennai micro market, Dr Niranjan Hiranandani was perhaps one of the first national-level developers to launch villa plotted development with robust infrastructure in an integrated township. Commenting on the latest launch, Dr Hiranandani opines, “Investing in real estate, when done with prudence, and diligent management, makes it one of the most secure investments globally. The new launch, Tierra III at Hiranandani Parks covers nearly 5,00,000 sq ft. of plotted development.”

Elaborating further, N Shridhar, Director – Group Strategy, Hiranandani commented, “Oragadam, as a location, has seen a surge in economic development over the past 5 years. Adding to its already established automotive manufacturing, other industries like wind technology, IT/ITeS, and mobile phone manufacturing – now call Oragadam and its immediate vicinity their home. Which, in turn, creates a robust demand for good-quality housing. A project like Hiranandani Parks, in its small life cycle, has provided impressive returns on plots to its earliest investors. At the township level, we as the Hiranandani Group have already sketched a road map that includes new residential segments, to add to the vibrancy of the existing product mix.”

The concept of an integrated, mixed-use township holds true. The presence of The Indian Public School (TIPS), Rela Hospital, Nilgiris Supermarket, multi-cuisine restaurants, a 55-acre golf course, a grand clubhouse, 7-themed gardens and more makes this township a hub for fine living with ample recreational activities.

To know more about these villa-plotted development and how we manage plots at Hiranandani Parks, visit www.hiranandaniparks.com.