Tag: Hotels

Plaza Centers to invest three thousand crore

Zuri Group Global is planning to invest about twelve hundred crore rupees for setting up five-star business hotels and luxury residential properties over the coming three years. The investments would have a debt-equity ratio of 70:30. The company was open to raising funds through the private equity and IPO routes. The Bangalore-headquartered company plans to […]

GMR Invites Bids For Building Hotels

Entering the market in possibly the toughest time, the GMR Group has invited bids for building hotels at its proposed 45-acre hospitality district near the upcoming airport in Delhi. The Delhi International Airport Pvt Ltd (DIAL) had planned to raise Rs 2,750 crore from this district in 2008 when the plan was first floated and […]