More Realtors Check Into Hospitality
Fearing a supply glut in the housing and commercial property markets, real estate companies are pinning hopes on the booming hospitality sector. It’s not that the trend has just set in. It has...
View ArticleLeading property developers are pulling out of hotel project
Leading property developers are pulling out of proposed deals with hospitality majors, including Royal Orchid Hotels and Ramada Worldwide, as cash flows in the real estate sector are slowing. Realtors...
View ArticleSix Hotel Projects Shelved
A buoyant real estate market last year saw several realty firms foray into the hospitality sector. But with slowdown hitting real estate and choking cashflow, several small realty firms have been...
View ArticleGoel Ganga Group To Deliver Ten Thousand Flats Within Next Three Years
After delivering more than 11,000 residential flats and a number of commercial establishments in Pune, Goel Ganga group is on a major expansion mode. The group is all set to deliver 10,000 flats within...
View ArticleHotels focus on value play to beat slowdown
Hotel room rates have dropped by 25% this month following an equally sharp fall of 35% in occupancies across all the premium business hotels. To salvage business volumes, premium hotels like Hyatt,...
View ArticleSpice Global To Try Luck In Hospital & Realty Sectors
After developing an image in the Indian mobile business, Spice Global plans to try its luck in the realty and hospital sectors as well. To begin with, Spice Global will develop a multi-specialty...
View Article
