Puducherry’s Smart City initiative leverages smart infrastructure and green solutions to boost urban sustainability and real estate potential.
Irfan Razack's family wealth hits $1 billion as Prestige Estates Projects shares surge. The company, now India's second-largest, boasts global brand tenants.
Jones Lang LaSalle plans to raise Rs.1200 Cr for investment in the commercial realty sector.
The hotel industry faces a significant labor shortage, hindering expansion plans while the government and companies struggle to find solutions to the crisis.
Robert Vadra's real estate empire, built with soft loans from DLF, faces accusations of irregularities, sparking questions about his business dealings.
Puravankara Projects Ltd. may enter the hospitality sector in 6-8 months, but is currently focused on residential projects, particularly in South India.
Lutron, a global lighting controls major, plans to enter the residential apartment market in India. The company aims to double its business in the next few years, despite market challenges.
Goel Ganga group expands, delivering 10,000 flats in 3 years, investing Rs 5,000 crore in Pune, Bangalore, Mumbai, and Nagpur, with new hospitality ventures.
The Chandigarh-based Alchemist Group is investing Rs 1,300 crore in the hospitality sector over the next two years, including fine dining restaurants and quick service chains.
Several small real estate firms are selling hotel projects due to a market slowdown and cash flow issues. Projects in Ahmedabad, Bangalore, Pune, Chandigarh, and NCR are on the block.
Indian developers diversify into hospitality due to low real estate margins, high lending rates, and strict financing norms.
India may ease foreign investment rules for hotel construction to address room shortages before the 2010 Commonwealth Games. This includes reducing minimum development area requirements and waiving lock-in periods and minimum investment criteria.
Starwood Hotels plans to expand Aloft brand in India across Chennai, Bangalore, Pune, and Ahmedabad starting 2009.
Leading property developers are withdrawing from hotel projects due to cash flow issues, complicating relationships with hospitality chains like Royal Orchid and Ramada.
Indian Hospitality Corporation plans $1 billion investment to acquire hotels and restaurant chains across 17 cities.
Mauritius-based fund aims to raise $100 million for Indian real estate investments by June, targeting unlisted companies.
Landmark Group to invest ₹4,000cr in 12 North India properties over 3-4 years
Royal Palms India plans significant hotel expansion across Mumbai, Hyderabad, and Kolkata with ₹2,400 crore investment
GIC Real Estate plans to expand its investments in India, focusing on private equity deals and a joint venture in the hospitality sector, driving potential growth.
Dubai Properties revamps corporate structure, forms Dubai Properties Group with 6 business units, targeting global expansion and $700B portfolio growth.