W Hotels to open first India property in 2015
Starwood Hotels & Resorts has announced plans to open W Mumbai in 2015, marking the debut of W Hotels Worldwide in India.
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The genesis and dynamics of mall management in India
Mall management is a huge movement in more developed and matured markets, especially where the mall culture has evolved significantly.
DLF to set up Infopark in Orissa
DLF, India’s biggest real estate developer, will develop its Rs 1000-crore Infopark project spread over 54 acres in Bhubaneswar in phases.
Aerens Gold Souk Intl enters into tie up with Wyndham Hotel Gr
Aerens Gold Souk International Ltd (AGIL), a part of diversified business group Gold Souk, has entered into a franchise agreement with the US-based hospitality giant Wyndham Hotel Group to operate four hotels.
Shopping malls are hang outs, but Indians avoid mall shopping
As many as seven out of 10 Indians with disposal income, a whopping 72 per cent, go to shopping malls at least twice a month but don’t buy the monthly food & grocery, apparels or consumer durables over there.
Emaar takes stock of Indian property
Emaar Properties PJSC, Dubai’s largest real-estate firm, has asked consultants and investment bankers to value its Indian joint venture Emaar MGF Land Ltd’s assets.
Developing new residential destinations in Mumbai
According to the 2010 census, Mumbai now houses around 14 million people, which makes it India’s most populous city and the world’s second-most populous city.
Walmart in talks for Big Bazaar stake
In what could be biggest shake up in India’s retail sector, and cheer up the real estate developers also who are at the receiving end by the retail partners, the global major retail Walmart is in talks with Big Bazaar for stake.
Oz company’s stake in Unitech crosses 5%
Australia’s Platinum Investment Management has raised its stake in India’s second largest real estate firm Unitech to 5.16%.
RICS says commercial property demand to go up in 2011
The demand for commercial property in the country is expected to remain robust in the first half of 2011, boosted by strong manufacturing activities, says a survey by RICS India Commercial Property Survey.