Bangkok-based Lebua to open Delhi hotel in December 2011
Lebua Hotels & Resorts, an international luxury hotel chain with properties in Bangkok and New Zealand is all set to enter the Indian market.
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Hotel chain Hilton Worldwide to set up 50 hotels in India in five years
Hotel chain Hilton will set up 50 hotels in the next five years, out of which six hotels are operational in New Delhi, Mumbai and Chennai.
Singapore NRIs investing in India & global properties
An increasing number of Indian nationals working in Singapore are investing in properties in India and other countries, like Malaysia, London, Australia, Thailand and Singapore, according to a local media report.
HDIL Q1 profit falls 12.5%
Housing Development and Infrastructure (HDIL) has posted consolidated net profit of Rs.1.89 billion for the quarter ended June 30, 2011 as compared to net profit of Rs.2.16 billion for the quarter ended June 30, 2010, representing decrease of 12.50%.
Pune attracting premium for residential investment in India
Pune is fast emerging as one of the best investment destination for the real estate.
Targeted developers for new building technology in India announced
Targeted developers for new building technology created by International Steel Structures (ISS) to be showcased in India were announced by Global Housing Alliance (GHA), the company in charge of licensing the technology.
Pune residential property market – mid-2011 update
Much like in Bangalore, the primary catalyst for Pune’s residential real estate market are the Information Technology and Information Technology-Enabled Services sectors.
KUL gets Rs 50 crore by private investors
Kumar Urban Development Ltd (KUL) has raised Rs.50 crore from two private investors, taking its total fund-raising this year to about Rs.300 crore.
Edelweiss Housing targets Rs 1000 cr loan biz by 2015
Edelweiss Housing Finance Ltd (EHFL), the housing finance arm of Edelweiss Group, has launched its operations in Pune.
Ascott to expand footprint in India
Ascott, one of the world’s largest serviced residence owner-operator, is expanding its footprint in India in cities like Mumbai, Delhi and Pune, adding to its $250 million investment in seven upcoming properties.