UK’s Whitbread to invest Rs 535 cr on hotels in India by 2020
UK-based hospitality firm Whitbread today said it will invest 75 million pounds (over Rs 535 crore) in India by 2020 to fund its hotels business in the country.
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DLF shares rises on RBS upgrade, debt-cut plan buzz
Shares of DLF rose six per cent in Monday’s trading on expectations the company’s debt reduction strategy was falling in place, said analysts tracking the stock.
NHB finds fall in property prices in seven cities
Property prices in seven cities across India dropped by 2.63 per cent to 17.6 per cent during the January to March quarter, according to the latest data released by the National Housing Bank.
Jones Lang LaSalle India Launches Corporate Finance Division
Jones Lang LaSalle India, the country’s largest international property consultancy, has launched an exclusive Corporate Finance division.
Akshaya Homes to enter Karnataka, Kerala by 2015
Chennai-based property developer Akshaya Homes proposed to enter Karnataka and Kerala realty market by 2015, a top company official has said.
CHD appoints Ravi Saund as COO
CHD Developers Ltd has appointed Ravi Saund as the Chief Operating Officer. He will continue to report to Gaurav Mittal, MD, CHD Developers Ltd.
Blackstone to fund Embassy’s 22% stake buy in Bangalore IT SEZ
Private equity giant Blackstone will finance south-based Embassy Property Development’s purchase of 22% stake in Manyata Tech Park, the country’s largest operational tech SEZ.
Wizcraft, Apra plan Kingdom of Dreams 2
Kingdom of Dreams, India’s first live entertainment complex, is all set to script its success story beyond the national capital region.
CREDAI Kochi plans e-toilets of Delight
In order to address the issues related with the public sanitation system in the city, the CREDAI, Kochi has come up with a proposal for the construction of electronic public toilet.
Bangalore civic body hits back at Mantri group
Corporators of the Bruhat Bangalore Mahanagara Palike, cutting across party lines, have accused the Mantri group of encroaching government land.