Mukesh Ambani’s wife Nita Ambani and his associate Manoj Modi joined the Board of Directors of EIH, the parent of the Oberoi Hotels chain that includes Calcutta’s Grand Hotel, on Monday, Oct 31.
Franchising is basically the replication of a successful business model format across locations through like-minded partners.
Alpha G:Corp on Monday, September 17, unveiled ‘AlphaOne’, the largest mixed used city centre in Ahmedabad.
The demand for office space in Chennai is expected to dip, with an expected slowdown in North American and European countries affecting the information technology sector.
Despite the strong probability of correction of residential property prices…
Pune real estate is poised for growth both in residential and retail segment. While the demand-supply gap indicates that residential prices may go up, the retail segment of the city is also showing strong signs of revival.
Supertech has signed contract with Benoy, a U.K.-based architectural firm, for master planning and architectural designing of an upcoming 30,00,000 square feet site mixed use development project in Noida.
Both absorption and leasing activity remained robust in Pune in 1H11. Net overall absorption was 2.3 million sq ft (213,591 sqm), with 1.5 million sq ft leased during 2Q11.
Demand continued to be robust in Bangalore with corporates expanding and leasing large spaces.
Two marquee international brands — Giorgio Armani and Ferragamo — that have joint ventures with leading realty player DLF group’s subsidiary, DLF Brands, have been talking to other corporate groups and investors to scope out the potential of changing their Indian partner.