October 3, 2009 – 5:31 pm
UK-based investment group Duet’s Indian hospitality arm Duet India Hotels is looking for more land to expand its portfolio and add more than thirteen hundred rooms by the end of this financial year.
The group plans to develop 20- 30 mid- scale and upper middle segment hotels with around five thousand rooms in the next 2-3 [...]
Real estate monitorThe government department responsible for the promotion of industry is proposing easier rules to allow overseas investors to be part of smaller real estate projects and lower capitalisation norms for those which involve facilities in hospitality or tourism sector.
The department of industrial policy & promotion, which handles the FDI policy, in a note [...]
Realty player Suncity Projects today announced its plans to develop four retail cities in the country with an investment of around Rs 2,000 crore by 2011.The retail cities, under the brand name ‘Jewel of India’ would come up at Greater Noida, Indore, Jaipur and Mohali.
The first of these cities would become operational in Jaipur by [...]
By rajani
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Posted in Property News
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Also tagged Ambitious Projects, Bazaar, Food Courts, Hotel Business, India, Indore, Jaipur, Mohali, Multiplexes, Rajasthani, Retail Area, Retail Brands, Retail Space, Vijay Arora
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The SRS Group declared that it will be investing over thousand crore rupees in the next three years and also come out with its public issue by the end of the current financial year. It also disclosed its three upcoming projects, which are, eight hundred crore rupees five-star hotel in Haryana, an IT park and [...]
The Board of directors of Sayaji Hotels Ltd has approved to invest Rs. 20 crores for the project of budget hotel At Indore. It will be a 175 room’s mid segment budget hotel.
This 175 room Hotel will be operational from 2010 and will be developed and operated under the wholly owned Subsidiary Company named as [...]
January 28, 2008 – 7:04 am
21 January 2008, New Delhi: Parsvnath Developers has announced an investment of Rs 60,000 crore in coming five years in diversified areas such as SEZs, airports, express ways and retails business. Mr. Pradeep Jain, Chairman of Parsvnath Developers said, “We shall be bidding for upcoming airports such as Udaipur, Greater Noida, Maharashtra and other states. [...]
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