Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Indian hospitality Industry Attracting Investment from Global Hotel Chains

Posted: 22 Mar 2010 01:15 AM PDT

Indian hospitality industry has become an attractive investment destination for global hospitality companies. Many global hotel chains plan to enter India and some that are already present in the country are keen on expansion. The companies are betting big on shortage of hotel rooms in the country. US-based MGM Mirage Hospitality, Amari from Thailand, Fairmont [...]

Developers Eye Business from Setup of Foreign Universities

Posted: 22 Mar 2010 01:12 AM PDT

Construction companies and real estate developers smell an opportunity when foreign universities are allowed to set up campuses in India. Last Monday, the Union Cabinet okayed the Foreign Educational Institutions (Regulation of Entry and Operation) Bill. Once cleared by the Parliament, it will enable foreign universities to do so. Construction companies like Ahluwalia Contracts expect [...]

DLF Gets Ready for DAL listing

Posted: 21 Mar 2010 11:15 PM PDT

DLF has completed the merger of Caraf Builders & Construction, which owns investment trust DLF Assets Ltd (DAL), with another offshoot DLF Cyber City, a move India's biggest realtor says is logical to listing DAL on the Singapore Stock Exchange (SGX). A company spokesman confirmed the development while two senior executives involved in the listing [...]

Demand for Luxury Housing Alive- Three Fourth of DLF’s Rs 4 crore Luxury Flats in Delhi Sold within 2 Days

Posted: 21 Mar 2010 10:21 PM PDT

DLF, the country's Biggest Realtor, has sold three-fourths of its upscale flats in central Delhi at Rs 4 crore apiece within two days of launch in a sign that demand for such properties is alive and well despite the drift towards affordable housing. DLF had launched the third and final phase of 150 flats — [...]

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