2024

Indian Hotels Company Limited plans to double hotel portfolio to more than 700 by 2030

Indian Hotels Company Limited plans to double hotel portfolio to more than 700 by 2030

The Indian Hotels Company Limited (IHCL) on November 19 announced that it is looking to double the number of hotel properties to over 700 from its current portfolio of 350 hotels, the company’s Managing Director and CEO Puneet Chhatwal said on November 19. The Indian Hotels Company Limited (IHCL) on November 19 announced that it is looking to double the number of hotel properties to over 700...

Hyderabad tops in real estate growth, Bengaluru ranks highest on socio-economic parameters: Knight Frank India

Hyderabad tops in real estate growth, Bengaluru ranks highest on socio-economic parameters: Knight Frank India

Hyderabad has witnessed the maximum real estate growth compared to Bengaluru, Mumbai-MMR, Delhi-NCR, Ahmedabad and Chennai. The city has seen the highest growth rate of 10% (CAGR) in residential launches over the past decade and a 11% increment in housing prices in 2023 indicating desirability for both investors and end users, according to Knight Frank India’s India Prime City Index....

‘Mumbai, Delhi, Bengaluru combined?’ X user’s dream Indian city goes viral, internet calls it ‘utopia’ | Bengaluru

‘Mumbai, Delhi, Bengaluru combined?’ X user’s dream Indian city goes viral, internet calls it ‘utopia’ | Bengaluru

As Delhi grapples with worsening air quality, conversations around the best city in India have taken center stage on social media. Amid the debate, one X user shared his vision of the "most amazing city" by combining the best aspects of three top Indian cities. Representational Image(IANS) The user wrote, "IMO, the most amazing city of India will have people of Mumbai, infra of Delhi, and...

Delhi-NCR pollution: Exempt RERA-compliant real estate projects from construction ban, say developers

Delhi-NCR pollution: Exempt RERA-compliant real estate projects from construction ban, say developers

As Delhi-NCR remained enveloped in a thick grey haze on account of pollution for the third straight day on November 19, real estate developers said that while they are willing to cooperate with the government agencies in adhering to the GRAP 4 norms, a blanket ban on construction activity will not only impact project timelines but also budgets and developer obligations to financial institutions and...

Bengaluru-based Puravankara eyes opportunities in South Delhi and Gurugram’s Golf Course Road

Bengaluru-based Puravankara eyes opportunities in South Delhi and Gurugram’s Golf Course Road

Bengaluru-based real estate developer Puravankara Ltd, after making inroads into the Mumbai and Pune real estate markets, is now eyeing opportunities in South Delhi and Gurugram in order to have a footprint in Delhi-NCR. Bengaluru-based Puravankara Ltd, after making inroads into the Mumbai and Pune real estate markets, is now eyeing opportunities in South Delhi and Gurugram in order to have a...

WeWork gives up Singapore locations in sign of co-working woes

WeWork gives up Singapore locations in sign of co-working woes

(Bloomberg) -- WeWork Inc. is giving up space in two prime locations in Singapore, underscoring the company’s challenges in one of its most promising markets. WeWork Inc. is giving up space in two prime locations in Singapore, underscoring the company’s challenges in one of its most promising markets.. (Representative photo)(Pixabay) One co-working space spanning the 17th to 20th floors...

Property transactions rise, land rates stabilise in Andhra Pradesh’s Amaravati, say experts

Property transactions rise, land rates stabilise in Andhra Pradesh’s Amaravati, say experts

Land prices in Andhra Pradesh's greenfield capital city of Amaravati, which recorded a sharp surge when Chandrababu Naidu-led Telugu Desam Party returned to power with a thumping majority in the state assembly polls in June 2024, have now stabilised and transactions have increased in the region, according to experts who spoke to HT.com. Land prices in Andhra Pradesh's greenfield capital city of...

Noida, Greater Noida real estate markets witness 6% increase in registrations, 8128 housing units registered in July-Sep

Noida, Greater Noida real estate markets witness 6% increase in registrations, 8128 housing units registered in July-Sep

As many as 8,128 properties were registered in Noida and Greater Noida, representing a 6% increase during the July-September period. Greater Noida led the rally, accounting for 62% of these transactions during the quarter, as per data shared by the Inspector General of Registration. As many as 8,128 properties were registered in Noida and Greater Noida, representing a 6% increase during the...

Amazon India to move Bengaluru headquarters to cut costs, employees unhappy: Report

Amazon India to move Bengaluru headquarters to cut costs, employees unhappy: Report

Amazon India is moving its corporate headquarters from the World Trade Centre at north-west Bengaluru to the city's outskirts, a 15-minute drive away from the airport as a part of a cost cutting exercise, according to a Mint report. Smartphone with Amazon logo is seen in front of displayed Indian flag in this illustration taken, July 30, 2021.(Dado Ruvic/Reuters) This is because at the new...

Hilton signs licensing agreement with Olive by Embassy to bring 150 Spark by Hilton hotels to India

Hilton signs licensing agreement with Olive by Embassy to bring 150 Spark by Hilton hotels to India

Global hospitality company Hilton on November 18 announced the signing of a licensing agreement (SLA) with Olive by Embassy to open 150 Spark by Hilton hotels across India, marking the brand’s debut in Asia Pacific. The first Spark by Hilton hotels will open in Southern India with a focus on Maharashtra, Andhra Pradesh, Telangana, Goa, Karnataka and Tamil Nadu. Hilton signs licensing...

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