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Indian ‘Golf Cities’ Fuel Real Estate Boom
Townships with designer interiors and world-class architecture are passé. Developers are now turning to golf to attract non-resident Indians and…
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Hotel Room Rates in India are More than the Global Average
An industry survey estimates that the three major Indian metropolitan areas - Bangalore, Mumbai and Delhi - command some of…
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Super Luxury Apartment Complex Planned In Kochi
Dewa Projects Private Ltd., a venture promoted by a group of NRIs based in Kuwait, will build a super luxury…
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Choice Hotels to open 20 new hotels in two years
Budget hotel chain Choice Hotels India plans to open 20 new hotels adding about 1500 rooms across India, with an…
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Double Whammy for High-End Luxury Realty Market
THE high-end luxury real estate market is facing a double whammy. The demand from domestic buyers has already dried down…
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Indian Real Estate Targeting Canadian NRIs
Real estate developers and agents in India are now offering more solution to market properties to Non-Resident Indians (NRIs) and…
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Royal Group,GTC in Race to Buy 26% in Raheja Group’s Engineering SEZ
Royal Group of UAE and Netherlands-based GTC Real Estate are in the race to acquire 26% stake in the Delhi-based…
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No Room for Slow Down in the Hospitality Industry
Forget slowdown jitters and dollar decline, Indian hospitality industry registered strong growth in 2007-08.
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Marriott Sgns New Hotel in Bangalore
Marriott has signed a management contract with Prestige Estates Projects Private Limited, for a 300-room golf resort, spa, and convention…
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Delhi NCR Rents may Stabilize Next Quarter: Report
Rentals in the National Capital region are expected to stabilize in the next quarter as supply is set to increase…