US Based Companies to Build Hotels in India
Avadhesh
US-BASED Pacifica Companies India, founded a non-resident Indian, is set to build its second five-star hotel in Ahmedabad, Gujarat, India even as construction for the first one is about to begin.The second five hotel will be built with an estimated investment ...
Pe Funds not Keen on Hotel Projects Here
Propertiesmls
NEW DELHI: High property prices and spiralling interest rates are holding back many developers and hospitality funds from writing big cheques for hotel projects in India. Instead, private equity (PE) funds are focusing on other developing markets like Vie...
Much Awaited Olympic Torch Finally in India
shantanu sengupta
The much-awaited Olympic Torch Relay was held in Delhi amid war-like security arrangements. The entire Delhi turned into a fortress with more than 15,000 security personnel guarding the 2.3 km route where the relay was held. A 3-layer security ring wa...
Investing in India is Too Risky in the Short-term
Propertiesmls
Our journey started in the bustling port city of Mumbai (Bombay), home to Asia's oldest stock exchange. Then we moved on to visit high-tech campuses in Bangalore and Hyderabad. The latter is only miles from the ancient city of Golconda, once renowned for ...
Langham Hotels Looks for Partners in India
Property
Langham Hotels International, the operating and asset management arm of Hong Kong-based Great Eagle Holdings, has identified India as a strong market for development. Helmut Knipp, its senior VP (development) reveals, 'Our focus has been on China of late. But ...
Berggruen Holdings Lines Up $300 M Investment for India
Propertiesmls
New York-based fund, Berggruen Holdings, which manages proprietary capital worth over $1.5 billion, plans to invest over $300 million in India over the next three years in hospitality, real estate, education, car rental, construction equipment leasing and...
Hines India Expects a Correction in Real Estate Markets
Property
New Delhi: The local unit of the US-based real estate firm Hines Interests Lp., Hines India Real Estate Pvt. Ltd, says it plans to be conservative in making investments because it believes the Indian real estate market is overheated and ready for a correction....
Tips to Save on Hotels
Anirban Das
Planning that dream trip? Hey, you certainly need something to help your money take you a little farther. Or else, you could have to end up with paying a lot extra for airfare, car rentals, and especially the hotels. After all, every dollar in your wallet is...
Heavy Uae Investment in Indian Realty
Propertiesmls
With the Indian realty experiencing unprecedented growth, Middle Eastern investors are gradually shifting operations to the subcontinent. UAE-based property firms are tying up with major Indian companies to develop vast multi-use developments in the count...
Hines Set to Develop First Indian Project
Propertiesmls
Hines has formed a joint venture with DLF Ltd. to develop the real estate company's first project in India. The Houston real estate firm opened an office in India earlier this year and named Daniel MacEachron as managing director of Hines India Real Estat...
Studio Apartment Culture in Mumbai Gains Ground
George Gonigal
While property prices and rental values in Mumbai skyrocket, studio apartments in the financial capital of India have surfaced up as one of the most preferred housing alternatives for expatriates, corporate executives and frequent travelers.A studio apar...
Real Estate - an Ever Appreciating Investment Option
addi vardhaman
Real estate in India is now a safe destination for potential investors. Service apartments or Fully-furnished houses are preferred choices of long-stay executives, foreigners, Non Resident Indians and other frequent travelers to India. These properties o...
Cutting Edge Real Estate News for You
George Gonigal
The top real estate news from India for this week are: .Five lakh low-cost houses to come up in MumbaiThe city is all set to witness the mushrooming of affordable housing with five lakh units of middle and lower income housing expected to come up in the...
Pretty Women Have Stayed At The Beverly Wilshire
Stephen Schochet
Since it was built in 1929, The Regent Beverly Wilshire Hotel has attracted rich and famous guests from around the world. To the general public the hotel is most famous for being used in the 1990 movie Pretty Woman. They have disappointed thousands of p...
Emaar, Fortis Plan Jv to Set Up 25 Hospitals
Propertiesmls
Realty company Emaar MGF Land Limited (Emaar MGF) and Ranbaxy Group-promoted hospital chain Fortis Healthcare plan to form a joint venture to set up 25 hospitals across major cities in India, with an investment of Rs 1,200 crore. Envisaged as a 'one-stop ...
