Property News from IndianRealtyNews |  |
- Hospitality Major Hyatt Optimistic on Plans to Open Five Hotels in Collaboration with DB Realty
- Mumbai Real Estate Sector can witness Oversupply in 2012-13: Jones Lang LaSalle
- Australian Company Raises its Stake Beyond 5% in Unitech
| Hospitality Major Hyatt Optimistic on Plans to Open Five Hotels in Collaboration with DB Realty Posted: 29 Mar 2011 12:45 AM PDT Chicago-headquartered Hyatt Hotels Corporation, one of the world’s biggest hotel chains, is going ahead with plans of opening five hotels with the Mumbai-based DB Group. The latter is presently embroiled in the 2G telecom spectrum scam, its managing director, Shahid Balwa, having been arrested (he had resigned after this took place last month). DB [...] |
| Mumbai Real Estate Sector can witness Oversupply in 2012-13: Jones Lang LaSalle Posted: 29 Mar 2011 12:36 AM PDT Mumbai’s residential market is predicted to witness a glut in 2012-13 owing to steady new launches at a time when sales are extremely slow, according to real estate consultancy Jones Lang LaSalle. "The overall sentiments of the market and the consistent rate of new project launches in Mumbai give a clear indication of an impending [...] |
| Australian Company Raises its Stake Beyond 5% in Unitech Posted: 29 Mar 2011 12:28 AM PDT Australia’s Platinum Investment Management has raised its stake in India’s second largest real estate firm Unitech to 5.16%. Platinum Investment Management has acquired 60,56,100 equity shares of Unitech, which is equal to 0.23% of the total paid up capital of Unitech, the realty firm said in a filing on the Bombay Stock Exchange. Before this [...] |
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