Leisure Hotels Group, the renowned Hospitality firm plans to invest Rs. 160 crore to add nine properties into its bandwagon across the country by December 2021, a top company official has said. Presently, the firm group is operating 27 boutique properties that have approximately 875 rooms in India. Vibhas Prasad, Director, Leisure Hotel group said […]
Continue ReadingNoida has always been a hot spot investment destination among property buyers after Delhi. Being well-connected to NationalCapital and other NCR regions via metro, highways, and expressways, there has been a huge demand for residential units among homebuyers. Moreover, in recent years, many new localities have emerged in Noida that are offering many affordable as […]
Continue ReadingThe DLF group announced selling of 33 percent stake to Hines, a US-based firm for worth Rs. 650 crore in its upcoming commercial project in Gurugram. In October 2018, the DLF group signed a pact Hines firm to construct a prime commercial project in Gurugram on a land parcel of 11.76 acre. The group bought […]
Continue ReadingThe Singapore-based real estate developer Assetz Property planned to invest a $250-million fund in India’s residential market. Akshay Dewani, chief executive officer, Assetz property said that the company is reasonably institutionalized and has the ability to offer transparent and good returns to the investors. The fund-raising for the same will be completed in one year. […]
Continue ReadingA number of builders are being probed by CCI for their alleged anti-competitive trade practices. The upcoming order can put an end to the malpractices in the real estate segment. In its bid to put a tab over unfair practices in the realty sector of the country, the Competition Commission of India is expected to […]
Continue ReadingBrookfield could be planning to initiate a $500 million real estate trust and this could very well create new opportunities for the segment in India. As the Canadian asset management organisation, Brookfield is all set to create a real estate investment trust (REIT) and list it in India, the move is likely to revitalize the […]
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