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.
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AIMS Sanya Developers appoints new CEO
Realty firm Aims Sanya Developers has appointed Sonia Kathuria as Chief Executive Officer for the group.
Godrej in Rs 500-crore deal with Jet to develop Mumbai BKC plot
Godrej Properties Ltd (GPL), the real estate development arm of the Godrej Group, has concluded a Rs.500 crore deal with Jet Airways to develop the latter’s two-acre plot in the Bandra Kurla Complex.
DLF net falls 13% in Q1
DLF on Tuesday, August 2, reported a 12.81 per cent decline in its consolidated net profit for the first quarter ended June 30 at Rs.358.36 crore.
Tata Realty & M3M Developers in race to buy DLF’s Gurgaon plot for Rs 400 cr
Tata Realty and M3M Developers are believed to be in the race to buy DLF’s Gurgaon plot for around Rs.400 crore.
Expressway farmers seek better deal
A day after the Noida Authority clinched a deal with the agitating farmers, the farmers of the villages along the Yamuna Expressway held a ‘panchayat’ in Gautam Buddha Nagar district on Sunday, July 31, and demanded higher compensation for their land.
GNIDA-farmers talks fail on compensation
Talks between farmers of Patwari village and the Greater Noida Industrial Development Authority has failed with the GNIDA refusing to accept their demand for a hike in compensation.
Interstate Hotels & Resorts expands its India portfolio
Interstate Hotels & Resorts, announced that JHM Interstate Hotels India, a 50/50 joint venture management company between Interstate and JHM Hotels, has signed contracts to operate two more hotels in India.
Dianne Farrell to lead America Inc’s infrastructure push in India
The US has finally got hooked to the development potential of India’s infrastructure and is looking at a big slice of its huge business potential.
Realty to be worst hit by repo hike
India’s real estate sector will be among the worst hit by the Reserve Bank of India’s decision to raise key interest rates, experts have said.