Hero Group enters hospitality business
The Hero Group of automobile makers on Monday, September 5, announced its foray into the hospitality sector.
The Hero Group of automobile makers on Monday, September 5, announced its foray into the hospitality sector.
Ashiana Housing Ltd., Delhi based real estate player becomes the only real estate company from India to figure in ‘Asia’s Best Under A Billion1 list of companies compiled by the Forbes magazine for 2011.
Villas are a unique product because unlike in apartments, the buyer gets to own the piece land on which the villa is built.
When the land acquisition controversy in Noida Extension surfaced, there was a general feeling that proposed investment in the township will now move to Gurgaon.
DLF, India’s largest real estate company, is in talks with IDFC to sell the entire 70% stake it holds in DLF IT Park, Noida.
A large number of people in Pune have been showing keen interest in booking their properties through an online mode.
The India Apartment Index rose 3% during April-June 2011 quarter compared to the previous quarter, the “PropIndex, the India Apartment Index”, launched by Magicbricks.com, rated as India’s No. 1 property portal showed.
Impresario Entertainment and Hospitality Pvt Ltd, the Mumbai-headquartered company which runs a chain of fine-dining restaurants, has raised Rs.48 crore or $10.5 million from strategic investor Mirah Hospitality and Food Solutions Pvt Ltd.
India’s ASK Property Investment Advisors aims to raise a Rs.10-billion ($219 million) fund by December in a bet on the long-term case for property in Asia’s third-largest economy, said a top official.
DLF is selling a 13-acre plot in Gurgaon, Haryana, as part of its plan to ease its debt burden through asset sales.