Tag: Hospitality Project

Yatra Capital Invests $7 Million In Kolkata

Yatra Capital Ltd, the Euronext listed real estate company, has invested $7 million for a 40% stake in Jalan Intercontinental Hotels Pvt Ltd, a company that is building a two hundred room business hotel in Kolkata. The hotel will be supervised by Indian Hotel Ltd under the Taj Gateway brand. The hotel will be built […]

GMR’s Delhi Hospitality Project Hits AAI Barrier

The GMR Group-backed Delhi International Airport’s (DIAL) plans to develop a 45-acre hospitality district in the capital has hit an air-pocket. Airports Authority of India (AAI), which owns 26% in DIAL, is unwilling to raise the required fund of one thousand crore rupees for the proposed real estate development. It was decided that all the […]