
NAPLES, Fla. (AP) — Jeeno Thitikul of Thailand made up a two-shot deficit with two holes to play Sunday with an eagle-birdie finish for a 7-under 65, giving her a one-shot victory over Angel Yin and the $4 million prize — the richest in women's golf — at the CME Group Tour Championship. Read this article for free: Already have an account? To continue reading, please subscribe: * NAPLES, Fla. (AP) — Jeeno Thitikul of Thailand made up a two-shot deficit with two holes to play Sunday with an eagle-birdie finish for a 7-under 65, giving her a one-shot victory over Angel Yin and the $4 million prize — the richest in women's golf — at the CME Group Tour Championship. Read unlimited articles for free today: Already have an account? NAPLES, Fla. (AP) — Jeeno Thitikul of Thailand made up a two-shot deficit with two holes to play Sunday with an eagle-birdie finish for a 7-under 65, giving her a one-shot victory over Angel Yin and the $4 million prize — the richest in women’s golf — at the CME Group Tour Championship. Yin had a two-shot lead walking to the 17th tee only to wind up settling for the $1 million check as runner-up after closing with a 66. The win and the massive check came down to the 18th hole, Thitikul and Yin tied at 21-under par after the Thai’s key eagle. Yin hit her approach to 15 feet and narrowly missed her birdie try, leaving Thitikul to make her winner. It was the second straight day Thitikul finished eagle-birdie. Lydia Ko closed with a 63 to finish third. Nelly Korda, who ends her season with seven wins, had a 66 and tied for fifth. PGA Tour ST. SIMONS ISLAND, Ga. (AP) — Maverick McNealy finally became a winner on the final tournament of his fifth year on the PGA Tour, hitting 6-iron to 5 feet for birdie on the 18th hole at Sea Island for a 2-under 68 and a one-shot victory in the RSM Classic. The victory came in his 134th start as a pro, and it sends him to Maui to start the year at The Sentry and to the Masters in April for the first time. Daniel Berger missed a 20-foot birdie attempt on the 18th that preceded McNealy’s winner. He tied for second with Nico Echavarria and Florida State sophomore Luke Clanton, both of whom missed par putts from inside 8 feet on the final hole that created the four-way tie. Berger got a small consolation prize, moving inside the top 125 to keep a full PGA Tour card for 2025 when the fields will be smaller and only the top 100 will keep cards. Henrik Norlander also moved into the top 125, while Joel Dahmen shot 64 to help him stay at No. 124. European tour and PGA Tour of Australia BRISBANE, Australia (AP) — Elvis Smylie closed with a 4-under 67 to win the Australian PGA Championship on Sunday by two shots over former mentor Cameron Smith. Smylie built a three-shot lead at the turn and held on to finish at 14-under 199 in a tournament reduced to 54 holes when rained washed out Friday’s play. Smith, who fell behind with a bogey on the par-5 ninth hole, shot 69. It was the second straight week Smith had at least a share of the lead going into the final round and failed to win. Marc Leishman and Anthony Quayle finished three back in a tie for third. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Smylie, the son of former Australian tennis pro Liz Smylie. won the Cameron Smith Scholarship five years ago that allowed him to spend a week at Smith’s Florida home to learn to live and practice as a PGA Tour professional. He now gets a full card on the European tour, which co-sanctioned the event. Other tours Patrick Reed won for the first time in nearly four years, closing with a 4-under 66 to win the Hong Kong Open by three shots on the Asian Tour. Reed shot a 59 in the third round. His last victory was the Farmers Insurance Open in January 2021. He has not won in his three years in the LIV Golf League. ... Hiroshi Iwata made five birdies on the back nine and closed with a 4-under 68 for a one-shot victory over Taisei Shimizu, his seventh career title on the Japan Golf Tour. ... Pieter Moolman closed with a 5-under 67 for a one-shot victory in the PGA Championship on the Sunshine Tour in South Africa. ... Shiho Kuwaki shot even-par 72 to claim a one-shot victory over Sakura Koiwai in the season-ending JLPGA Tour Championship Ricoh Cup on the Japan LPGA. ___ AP golf: https://apnews.com/hub/golf Advertisement AdvertisementHow a Temecula man dealt with freedom after he was wrongfully locked in prison for 20 years
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A private plunge pool to blow off stress on a sultry summer day as the sun sets, a helipad to beat the mean streets clogged with honking drivers, a concierge service that would put Pepper Potts to shame... No, you’re not in an episode of Succession or at a seven-star hotel. This is a glimpse into the everyday life of your friendly neighbourhood billionaire , and all this is available in your city. Ultra-luxury houses that can give The Louvre a run for its money — like this particular residential tower in Mumbai where you can enjoy an original Picasso in the lobby as you sip your morning tea — are becoming all too common in India. The price tag can run into hundreds of crores, something that’s hardly a deterrent for the rich and famous whose numbers seem to only be increasing, with India adding a billionaire every 5 days in 2023. The extraordinary surge in wealth since the pandemic has fuelled a boom in the luxury housing market that has all but reshaped the country’s real estate landscape. With the pandemic behind us and the economy continuing to deliver world-beating growth, the luxury residential segment is emulating the growth march, setting new benchmarks for opulence, exclusivity and sophistication. 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While the April 2021 deal remains an extraordinary outlier, the transaction was the beginning of what has now become a defining trend rather than an anomaly. The ultra-luxury real estate market has since witnessed a wave of high-value transactions, with properties worth hundreds of crores being snapped up at an unprecedented pace. The surge reflects a seismic shift in buyer confidence and a growing preference for opulent, trophy properties among India’s ultra-wealthy. Demand is coming from all corners. High-net-worth individuals (HNIs), millennials with substantial disposable incomes, and investors seeking safe-haven assets amid volatile financial markets — all these classes of buyers are creating a record demand for swanky high-rises in metros and sprawling villas in emerging cities alike. SURGING APPETITE During the 12 months through September this year, sales of luxury apartments surged 648% over 2021 (the first full pandemic-hit year) to 19,385 units. The value of all properties sold jumped 633% to Rs 1.3 lakh crore, shows data from Liases Foras, a non-broking real estate research firm. Over 2,590 such apartments valued at Rs 17,304 crore were sold in the 12 months leading up to September 2021. “The luxury residential segment has witnessed a remarkable transformation, with around 600% growth in both sales and new launches since 2021,” said Pankaj Kapoor, managing director, Liases Foras. “Following the pandemic, a surge in demand for upgrades emerged, driven by attractive price corrections that lured high-net-worth investors. This unprecedented growth was further propelled by robust stock market returns, which helped sustain the momentum in the luxury real estate market.” Over the last two years, deals for apartments priced above Rs 100 crore have been closing faster than ever, underscoring the immense appetite for ultra-luxury living spaces. The number of Indian ultra-HNIs is expected to increase to 19,908 by 2028 against 13,263 in 2023, a 50.1% growth. This would be the highest growth in the number of ultra-HNIs for any country, showed data from Knight Frank. “The prime luxury residential assets continue to be the mainstream investment avenue for ultra-wealthy individuals in the country,” said Shishir Baijal, CMD, Knight Frank India . “This is clearly reflected in the fact that India’s ultra HNIs — with a net worth of $30 million and above — allocate 32% of their wealth towards the residential real estate asset class. The Indian affluent class has always had a global taste, and now they are expecting homes that seamlessly blend opulence with international standards of design, technology, and sustainability.” A robust economic growth and rising income levels in India are leading to an increase in the number of HNIs and affluent middle-class buyers. Wealth accumulation from booming sectors like technology, pharmaceuticals, and finance has empowered these HNIs to invest in luxury properties, with many viewing luxury real estate as an integral part of their asset portfolio, combining lifestyle enhancement with potential long-term capital appreciation. “Wealth generation is on the rise across the country, fuelling a significant shift in how people view their living spaces,” said Boman Irani, CMD, Rustomjee Group. “Homebuyers are prioritising lifestyle, comfort, and quality of living. Larger homes with premium amenities in desirable locations have become the new standard as people increasingly appreciate the value these features bring to their lives.” According to him, the trend highlights a deeper connection between homeownership and personal aspirations, with investments driven by the desire for long-term satisfaction and a better quality of life. THE BRAND GAME Branded residences, which are luxury homes created in partnership with highend brands like Armani, Trump, and Four Seasons, are also becoming increasingly popular in India. These residences offer a blend of exclusivity and lifestyle, backed by international quality standards, unique designs, and world-class services, and cater to affluent buyers who seek not just a home, but a lifestyle statement. “India is ready for branded residences as the demand for luxury continues to soar,” said Kalpesh Mehta, founder, Tribeca, Trump Tower’s India partner. “Affluent buyers are looking for more than just a home; they seek exclusive, world-class living experiences that come with top-tier amenities, high-end service, and a prestigious address. As the market for luxury living expands, branded residences are positioned to cater to the growing class of HNIs who prioritise quality, security, and a premium lifestyle.” According to him, these marquee and iconic developments with global standards are set to redefine the real estate landscape. Tribeca has indicated that it has already finalised six projects across India, totalling 8 million sq ft with a revenue potential of over Rs 15,000 crore. India already has the highest number of Trump branded projects in the world, after the US. With property values in India being more competitive compared to other international markets, NRIs have also shown a growing interest in purchasing luxury properties back home. Factors like a favourable foreign exchange rate, high property appreciation potential, and the appeal of having a base in India are also helping fuel NRI investments in the segment. Additionally, global investors see Indian luxury real estate as an emerging, high-yield market. Luxury homes today come with a host of sophisticated amenities like private elevators, rooftop gardens, temperature-controlled pools, concierge services, and cuttingedge home automation systems. Smart homes, integrated with IoT-enabled devices that allow remote control of lighting, temperature, and security, are also in high demand, catering to tech-savvy millennials. THE CHALLENGES Despite its growth potential, the luxury real estate market also faces certain challenges including economic uncertainties, high cost of development, and, most important, a limited pool of buyers. Building luxury residences requires significant investment in land, high-quality materials, and premium amenities, which increases the cost of development. Fluctuations in the cost of construction materials, labour shortages, and regulatory fee can further strain budgets, sometimes leading to delays or price escalations. Luxury real estate is sensitive to economic shifts and can experience fluctuations in demand during economic downturns. Supply scenarios and economic instability can affect the purchasing power of potential buyers, particularly those dependent on mortgage financing. The segment has a limited buyer base compared to mid-range housing, making it more vulnerable to market fluctuations. High price tags mean that developers need to target a niche audience, and the sales cycle for luxury properties tends to be longer, which can impact cash flow and project timelines. The wealthy, though, don’t seem to care. Nominations for ET MSME Awards are now open. The last day to apply is December 15, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )
The arrival of the early signing period Wednesday offered a stark reminder for college football fans. If recruiting rankings offer any accurate gauge in the era of the transfer portal, those teams competing for College Football Playoff berths now should keep contending for years to come. Texas, Georgia, Alabama and Ohio State are all on track to earn playoff invitations, and those four schools are landing the nation’s top high school recruiting classes. It represents one more example of how the Southeastern Conference and Big Ten have separated themselves from all the other leagues. Steve Wiltfong, the vice president of recruiting and the transfer portal for On3, said it’s apparent why those programs continue recruiting so well. “First and foremost, those are the programs with the most resources,” Wiltfong said. “They’re the programs that are having the most success on the field and in the NFL draft.” The identity of the No. 1 class according to composite rankings of recruiting sites compiled by 247Sports may not be determined until the nation’s top-ranked uncommitted prospect — Manchester (Georgia) defensive tackle Justus Terry — announces his decision Friday. Terry, the nation’s No. 10 overall recruit according to the 247Sports Composite, is considering Georgia, Texas and Auburn. He’s the rare prospect delaying his decision. Virtually every top recruit already had committed to a school well before the signing period, continuing a trend that took effect from the time a December signing date was added in 2017 to the traditional February signing period. This year, that early signing period was moved up a few weeks so that it would take place before the transfer window opens Monday. Perhaps the most notable development in the weeks leading up to the signing period was quarterback Bryce Underwood’s decision to stay in his home state and play for Michigan after initially planning to play at LSU. Underwood’s switch brought late momentum for the defending national champions, whose recruiting class was ranked sixth as of Wednesday morning. This will be Michigan’s first top-10 class since 2020. Michigan’s recruiting emergence wasn’t the only surprise. Auburn has a likely top-five class after posting a fourth consecutive losing season. Florida was the fastest-rising team in the recruiting rankings after coach Billy Napier earned a vote of confidence and freshman quarterback DJ Lagway helped the Gators win three straight games to close the regular season. “I’m calling it the DJ Lagway effect,” said Andrew Ivins, the director of scouting for 247Sports. “They went from outside the top 50 to knocking on the door for a top-10 recruiting class. We haven’t really seen that type of push ever.” Stay updated on the latest sports stories with the WVTM 13 app. You can download it here .The Nedumangad police arrested eight goons, including ‘Stumper’ Anish, on the charge of attacking a police party on Sunday. Nedumangad Circle Inspector Rajesh Kumar and sub-inspectors (SIs) Santhosh Kumar and Austin sustained injuries and needed medical attention. Mr. Santhosh Kumar was still in hospital, Mr. Rajesh Kumar said. Anish who was jailed twice after being detained under the Kerala Anti-Social Activities Prevention Act (KAAPA) had organised a birthday party for his sister’s son, and invited goondas from across the district to it. On receiving information about the party, in which presence of drugs was suspected, a team of 15 police personnel tried to thwart it. But the personnel were attacked with stones, metal wires, and so on. They, however, managed to overcome the attackers and arrested eight alleged goondas, including Anish. The police suspect the presence of arms but were not able to recover them from the accused. Published - November 25, 2024 12:21 am IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit
LAKE FOREST, Ill. (AP) — Thomas Brown insists he's focused on the job at hand and not the one he might have down the line. Read this article for free: Already have an account? To continue reading, please subscribe: * LAKE FOREST, Ill. (AP) — Thomas Brown insists he's focused on the job at hand and not the one he might have down the line. Read unlimited articles for free today: Already have an account? LAKE FOREST, Ill. (AP) — Thomas Brown insists he’s focused on the job at hand and not the one he might have down the line. His immediate task as the interim coach of the Chicago Bears is helping the team finish strong over the final five games, starting this weekend at San Francisco. The rest of his life can wait. “I think about just the moment. ... I obviously understand the role that I’m in, understand what might come with it,” he said Wednesday. “But I also understand that we make most situations bigger than what it has to be because of the outside noise, what everybody else puts a value on it.” The Bears are in a moment unlike any other in the history of the founding NFL franchise. They fired a head coach for the first time during a season when they let Matt Eberflus go on Friday with a 4-8 record and the team in a six-game losing streak marked by head-scratching decisions. They promoted Brown, who in a span of three weeks went from passing game coordinator to offensive coordinator and now the person in charge. The tipping point was a 23-20 loss at Detroit on Thanksgiving, when the Bears let the clock run down rather than call a timeout following a sack. It led to Caleb Williams throwing an incomplete pass from the Lions 41 as time expired when Chicago should have been able to run more than one play. Star cornerback Jaylon Johnson interrupted Eberflus’ postgame speech and made his feelings clear. Other players had gone public in recent weeks with their frustrations over the coaching decisions, and they didn’t exactly hide their emotions following the Detroit game. On Wednesday, defensive end DeMarcus Walker said he sensed a change was coming after the loss to the Lions. “You guys just look at the whole turnaround, how everything had been going, we just knew some changes were going to be made,” he said. The 38-year-old Brown now has a huge opportunity. He spent last season as Carolina’s offensive coordinator and the previous three on Sean McVay’s staff with the Los Angeles Rams — the final two as assistant head coach. Prior to that, he spent nine years as a college assistant, including stops at Wisconsin, Georgia, Miami and South Carolina. It’s his job to help right a team that came into the season thinking a playoff spot was in reach. Williams’ development obviously will be front and center. To that end, the No. 1 overall draft pick has looked more comfortable in the three games since Brown took over for the fired Shane Waldron as offensive coordinator, completing 75 of 117 passes for 827 yards with five touchdowns, no interceptions and a rating of 99.2. Though Brown will continue to call plays, the Bears have another new offensive coordinator in wide receivers coach Chris Beatty. “I think it is a stepping stone actually with my development because I think down the line I’ll have different OCs or different head coaches or whatever the case may be,” Williams said. “And so being able to handle it my first year, handle a new playbook, handle all these different changes, handle all of this I think it definitely will help the development instead of hurting it or anything like that.” Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Beyond the development of the prized quarterback, Brown also will be judged during his audition for the regular job on his preparation, decisions during games and command of the locker room. He said he reached out to each player individually on Friday and Saturday and tried to set a tone when the team met on Monday. “I want them to be excellent,” Brown said. “I can nitpick at every single play and tell a guy how he wasn’t perfect. And, so, perfection’s not the goal. It’s to excel at your craft.” Notes: The Bears had a lengthy injury report on Wednesday. WRs Keenan Allen (ankle) and DJ Moore (quad), RBs D’Andre Swift (quad) and Roschon Johnson (concussion), DB Elijah Hicks (ankle) and OL Ryan Bates (concussion) all missed practice. S Kevin Byard (shoulder) and OLs Darnnell Wright (knee) and Coleman Shelton (knee) were limited. ___ AP NFL coverage: https://apnews.com/hub/NFL Advertisement Advertisement
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