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.
India’s largest textile firm, Alok Industries Ltd is divesting its real estate portfolio to ease debt.
Spencer’s has initiated stake sale talks with a foreign retailer on hopes that foreign direct investment will be opened up in multi-brand retail.
Leasing activity continued to remain strong in suburban micro-markets of Delhi – NCR, while the CBD and SBD saw moderate activity.
V Square, a Real Estate Development Management Company has launched a commercial project, “114 Avenue”, located at Sector-114, Delhi Extension, Gurgaon.
Newspaper advertisements and other branding collaterals of some of the real estate projects across the country attract the eye balls for what Indians have always aspired for—International living.
Oberoi Realty plans to expand its land holdings in key cities as debt-laden rivals struggling with rising costs and slowing sales look to cut assets.
In a path breaking transaction set to the backdrop of Mumbai’s curtailed land scenario, Mafatlal Industries has sold a land parcel consisting of 30,910sq m.
While the city of Mumbai is known for living in cramped space with high-rise & high-density being the norm, Kohinoor City has opted for low-rise and low-density township.
Prestige Group has launched Golfshire in Bangalore which they claim to be city’s new address in the coming days.