Manglam Builders acquires 3.5-acre land on Ajmer Road for ₹107 crores, planning a ₹500 crore luxury mixed-use project with retail, hotel, multiplex, and offices spanning 11 lakh sq ft.
Pacific Group plans ambitious 15 lakh sq ft mall and 130-room hotel development in Jaipur, targeting growing premium retail demand with 2026-2027 completion.
Global hospitality firms are increasingly interested in the Indian market, with many planning to establish hotels across various cities within the next few years.
Best Western India opens 13th operational property, 'Best Western Classic Avenue', a 60-room luxury hotel in Kerala, with plans to add 70 more rooms.
Atria group plans to expand its Indian hospitality sector portfolio with 1500 new rooms across multiple cities, including the launch of Atria Grand in 2009.
GMR Group seeks bids for hotels near Delhi Airport, aiming for Rs 1,375 crore in security deposits. The 45-acre hospitality district project, delayed since 2008, features plots for budget to ultra-luxury hotels.
Indian hoteliers are importing built-up rooms and fittings from China to offset rising construction costs, which have surged nearly 40%, thus saving time and expenses.
Mantri Developers has secured a 4.9-acre plot in Siruseri IT Park for Rs 10.5 crore per acre, setting a new benchmark for Chennai's real estate market.
Kolkata's real estate market witnesses a decline in developer interest as a prime 10-acre plot tender gets scrapped due to only one bidder.
The Royal Calcutta Turf Club is revitalizing its operations through a joint venture with Emaar MGF, which plans to develop a 300-room hotel on its grounds.
Leading property developers are withdrawing from hotel projects due to cash flow issues, complicating relationships with hospitality chains like Royal Orchid and Ramada.
JMD Real Estate plans Rs 200-300 crore public issue and private equity fundraising with Cushman & Wakefield valuation support.
Som Distilleries acquires 50-acre plot in Gwalior for Rs 266 crore to develop retail mall, hotels, and residential apartments.
Royal Palms India plans significant hotel expansion across Mumbai, Hyderabad, and Kolkata with ₹2,400 crore investment
Sayaji Hotels Ltd has greenlighted a Rs. 20 crores investment for a 175-room budget hotel in Indore, operated by its subsidiary Malwa Hospitality Pvt Ltd.
Amrapali Group plans to invest Rs 600 crore in various hotel projects across India, with a mix of budget and luxury accommodations in key cities.