Chatwal group eyes expansion in hotel biz
Indian American Sant Singh Chatwal-led Hampshire Hotels & Resorts, on Monday, announced an aggresive brand building initiative in India, with the plan to open 52 hotels here in the next five years. The chain plans to expand its international hospitality brands Dream (a mid-size boutique hotel) and Night (a contemporary luxury property) globally, and in this [...]
MagicBricks.com presents Virtual Property Expo for NRIs
For the First time ever, MagicBricks.com, a leading real estate portal, is putting up a virtual property fair from November 28 to December 18, 2011, at IndiaCalling.MagicBricks.com. The virtual property expo has been organised for NRIs residing in the USA. At the India Calling – Virtual Property Expo, users can browse through the many projects [...]
Uproar in Parliament over Govt’s Decision to allow FDI in Retail
The Lok Sabha and the Rajya Sabha were adjourned till noon, minutes after the two Houses gathered on Monday, as a united opposition created uproar over government’s decision to allow FDI in retail. The opposition members were up on their feet shouting slogans against the government. In Lok Sabha, plea for calm by Speaker Meira [...]
DLF hopes to reduce debt to Rs 10,000 cr in two years
NEW DELHI: The country’s largest realty firm DLF expects to pare its debt burden of over Rs 22,500 crore to less than half in the next two years. As part of the strategy to bring down its total debt to about Rs 10,000 crore by 2013, the firm is closing in on a few deals [...]
Delhi Based Developer Ansal API Coming up with Mega City ‘Sushant Megapolis’ in NCR
New Delhi-based real estate developer, Ansal API is coming up with Sushant Megapolis, a 2,504-acre mega-city in Gautam Budh Nagar, adjoining Greater Noida, Uttar Pradesh. The first phase of the project measuring around 500-acre was launched in July 2008 and now the company has launched the second phase measuring around 600-plus acre. The project consists [...]
