Delhi Gets Eco-Friendly Electric Buses, MrProptek Launches Real Estate Platform, and IHG Develops Hotel in Gwalior
SWITCH Mobility delivers electric buses to Delhi, MrProptek launches a real estate platform, and IHG signs a deal to develop a hotel in Gwalior.
Electric BusesReal EstateHotel DevelopmentDelhiGwaliorReal EstateAug 28, 2025
These low-floor electric city buses, engineered with advanced global technology and manufactured in India, will significantly enhance Delhi's public transport ecosystem while contributing to cleaner air and improved quality of life for millions of commuters, said R G Venkataraman, Chief Commercial Officer at SWITCH Mobility.
The company bagged the order for the Delhi transport department through a bidding process floated by Energy Efficiency Services Ltd (EESL), a wholly-owned subsidiary of Convergence Energy Services Ltd. These 12 meters long, 39-seater electric buses are equipped with advanced safety and passenger convenience features, including a wheelchair ramp for differently-abled passengers, CCTV cameras, panic buttons, and GPS tracking.
Chandigarh-based startup MrProptek has launched a platform designed as a one-stop ecosystem where buyers can explore real estate projects through virtual reality walkthroughs. Quick real estate cannot just be about 10-minute booking hype. For buyers, what truly matters is trust, accessibility, and the right set of choices, KS Bhatia, CEO of MrProptek, said in a statement.
The platform will also allow buyers to use an AI-driven property search engine to discover the right fit, compare multiple properties side by side, enter into virtual negotiations with builders in real time, book free cabs for site visits to ensure physical verification, and secure bookings with just Rs 10,000 or 0.1 per cent of property value. The platform has already onboarded Rs 10,000 crore worth of builder inventory in its pilot region of Chandigarh Tricity and aims to scale up to Rs 50,000 crore across India by Diwali, starting with expansions into Mumbai and Bengaluru.
IHG Hotels & Resorts has announced the signing of a management agreement with Dutta Buildcon for the development of Holiday Inn Express & Suites Gwalior in Madhya Pradesh, expected to open in early 2029. We're thrilled to bring Holiday Inn Express & Suites to Gwalior. This signing not only expands our footprint in Central India but also demonstrates how IHG delivers 'more where it matters most' in emerging hubs. As demand grows for world-class accommodations in India's dynamic secondary cities, this signing reflects our commitment to strategic partnerships that fuel regional tourism and economic development, IHG Hotels & Resorts Managing Director, South West Asia, Sudeep Jain said in a statement.
IHG currently has 51 hotels operating across six brands in India and a strong pipeline of 72 hotels due to open in the next 3-5 years. This includes 17 operating Holiday Inn Express hotels in the country, with another 21 in the pipeline.
Frequently Asked Questions
What is SWITCH Mobility's role in delivering electric buses to Delhi?
SWITCH Mobility, a Hinduja Group firm, is delivering 950 low-floor electric buses EiV12 to the Delhi government, enhancing the city's public transport and contributing to cleaner air.
What features do the electric buses include?
The electric buses are 12 meters long, have 39 seats, and include a wheelchair ramp, CCTV cameras, panic buttons, and GPS tracking for safety and convenience.
What is MrProptek and what does it offer?
MrProptek is a Chandigarh-based real estate platform that allows buyers to explore projects through virtual reality walkthroughs, compare properties, and secure bookings with a small deposit.
What is IHG's plan for the Holiday Inn Express & Suites in Gwalior?
IHG has signed a management agreement with Dutta Buildcon to develop the Holiday Inn Express & Suites in Gwalior, expected to open in early 2029, expanding their footprint in Central India.
How many hotels does IHG currently operate in India?
IHG currently operates 51 hotels across six brands in India and has a strong pipeline of 72 hotels due to open in the next 3-5 years.
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