Berggruen Hotels plans to establish 8-10 four-star hotels in India, investing a total of Rs 2,100 crore, enhancing its existing portfolio of budget accommodations.
Inox Leisure to expand in Eastern India with 18 multiplexes, 67 screens, and an investment of over ₹100 crores
Carrefour explores franchise model in India, considering Parsvnath as potential partner for retail expansion
A report reveals a staggering 400% increase in commercial property loan defaults over the past year, highlighting the struggles of smaller investors amid financial challenges.
Videocon Group acquired Lotus Society in Ahmedabad for Rs 30 crore to build a commercial complex and five-star hotel, capitalizing on the Sabarmati riverfront project.
Barclays Bank leases 15,000 sq ft at Mumbai's CeeJay House for record-breaking Rs 725 per sq ft monthly rent.
Khaleeji Commercial Bank's Danat India Investment Company raises $163.5m for Indian real estate project
Delhi Metro's commercial property usage has generated ₹600 crore in revenue, twice the target, with expectations of reaching ₹1,000 crore soon due to high demand.
New airports in India will become business hubs with office, hospitality, and retail spaces, boosting real estate and attracting MNCs.
Royal Palms India plans significant hotel expansion across Mumbai, Hyderabad, and Kolkata with ₹2,400 crore investment
Pantaloon Retail will invest over Rs 1500 crore to open 110 Big Bazaar hypermarkets across India, expanding its presence in major cities and aiming for significant growth.
German bank SachsenFonds acquires stakes in multiple Indian realty projects from Trikona Trinity Capital for Rs 607 crore
Phoenix Mills is poised to finalize the acquisition of three plots for mall developments in Ahmedabad, Hyderabad, and Nashik for approximately eight billion rupees.
Indiabulls Group is negotiating with global retailers for a pan-India presence while expanding its real estate portfolio with new malls expected to open by 2009.
Hyper City Retail halts convenience format plans, shifts focus to big box format and multi-channel retailing due to low profit margins and high real estate costs.
Retail sector in India shows massive potential with growth and consolidation expected in the medium term
Real estate companies are increasingly investing in hospitality projects due to a perceived oversupply in residential and commercial markets. Driven by rising room rates and limited supply, developers view hospitality as a stable income source.
Brigade Enterprises acquires 5 acres in Kochi's Info Park SEZ to develop 4-5 lakh sq ft of IT office space, marking its expansion in South India beyond Bangalore and Mysore.
Indiabulls Real Estate gets High Court approval to acquire 100% of Dev Development Property for $270 million.
Wadhawan Group plans major investment in food, beverages, and lifestyle segments across multiple cities and international markets.
India poised for decade-long 10% yearly growth, says hedge fund manager at Arabian Hotel Investment Conference
Land deals in prime metro city locations see decreasing prices, with Parsvnath's recent Connaught Place acquisition marking a 17% discount per acre compared to last year's rates.
Old Mutual plans to significantly ramp up investments in Indian real estate, launching four new $1 billion funds by 2015, aiming to become a leading retail developer and asset manager.
Sistema, a Russian conglomerate, plans to invest up to $200 million in Indian commercial real estate and hospitality projects by year-end, focusing on office spaces and hotels in major metros.
Babcock & Brown plans to invest $2 billion in Indian infrastructure and property within three years. It has hired professionals for this task and also spending 40% of its $1 billion Asia infrastructure fund.