
Ascott opening its doors to India
Singapore-based Ascott Group, which operates serviced residences across the world, is finally opening its doors to India.
Singapore-based Ascott Group, which operates serviced residences across the world, is finally opening its doors to India.
The south Indian hospitality market would see an addition of 14,500 new rooms in 178 star hotels across southern states by the end of year 2012.
Diversified conglomerate Larsen and Toubro (L&T) is set to build India’s first residential high-rise building on a pre-cast basis, a move that may introduce a structural change in the real estate market.
Regus, provider of flexible workplaces, is set to make major investments to capitalise on the accelerating global trend toward flexible working.
Real estate developers have called upon potential buyers in Doha to take advantage of recessionary trends in the global economy and make investments in the real estate sector of growing economies like India.
The organized segment of Indian real estate is only about two decades old. It could be seen as understandable that true governance is too much to ask at this early point.
DLF has sold a 28-acre plot in Gurgaon to M3M India for Rs.440 crore, in the first among many such big-ticket sales it has lined up this fiscal to bring down mounting debt.
We recently saw an unprecedented turn in India’s history, when public opinion and passive resistance led by a small group of ‘civil society’ representatives persuaded a reluctant Government to proceed towards an anti-corruption legislation.
As a part of their expansion drive in Asia, Zurich-based upscale hotel chain Mövenpick Hotels & Resorts has forayed into India by setting up its first property in Bangalore and also plans to open 12 additional properties over the next 5 years.
Unveiling a plethora of major investment opportunities for non-resident Indians in the Sultanate, a two-day Investment Exhibition India 2011will take place on September 9 and 10 here.