real estate news
Omaxe Joins Forces with IHCL to Develop India’s First Stadium-Hotel, Aiming for ₹4,200 Crore Revenue
Real estate developer Omaxe Ltd has partnered with The Indian Hotels Company Limited (IHCL) to create India’s first stadium-hotel, The Omaxe State, in Dwarka, Delhi. The project, set to generate ₹4,200 crore in revenue, includes a 158-key Gateway hotel with stadium-view suites and a 30,000-seat international cricket-cum-football stadium.
real estate news
Goa Real Estate and Hotel Tariffs See 15-20% Correction Amid Tourist Surge
Goa, a top tourist destination in India, is experiencing a significant price correction in both its real estate and hospitality sectors, with a 15-20% dip in tariffs and rentals. This trend is seen as a healthy cycle that could lead to long-term market stability.
Real Estate
Goa Real Estate and Hotel Tariffs Witness 15-20% Correction Amid Tourist Surge
Goa, a popular tourist destination, is experiencing a significant 15-20% correction in real estate prices and hotel tariffs, marking the first decline since the post-pandemic boom. This trend is seen as a healthy cycle that will build a stronger foundation for future growth.
real estate news
Goa Real Estate and Hotel Tariffs Witness 15-20% Correction Amid Tourist Surge
Goa, a popular tourist destination, is experiencing a 15-20% decline in real estate prices and hotel tariffs, marking a significant correction since the post-pandemic boom. Industry insiders explain the reasons behind this trend and its potential impact on the market.
Real Estate Mumbai
Royal Orchid Hotels Launches ICONIQA: A New Upscale Brand in Mumbai
Royal Orchid Hotels has unveiled ICONIQA, a new upscale lifestyle brand, with its flagship property near Mumbai International Airport's Terminal 2. The 291-room hotel features cutting-edge technology and experiential offerings, marking a significant step in the company's growth strategy.
Real Estate Mumbai
Pramod Jain Honored with Design Scape Award 2025 for Marwar International Centre
Architect Pramod Jain of Jaipur was awarded the prestigious Design Scape Award 2025 for the Marwar International Centre in Jodhpur. The ceremony, held in Mumbai, was attended by top architects, interior designers, and real estate personalities.
Real Estate Maharashtra
IHCL Expands with New Ginger Hotel in Satara, Maharashtra
IHCL announces the signing of a new Ginger hotel in Satara, Maharashtra, enhancing its presence in the region and catering to the growing demand in education, healthcare, and business.
real estate news
Vitizen Hotels Secures Prime Location at Manyata Tech Park
Vitizen Hotels, a renowned hospitality brand, has secured a strategic location at Manyata Tech Park, one of Bengaluru's premier business hubs. This move is expected to significantly enhance the company's footprint in the region and cater to the growing demand for high-quality accommodations in tech-driven areas.
Real Estate Pune
Kinshuk Shrivastava Takes the Helm as Cluster Director of Revenue for Novotel Pune and Novotel Imagica
Kinshuk Shrivastava, with a decade of experience in revenue strategy and hotel operations, has been appointed as the Cluster Director of Revenue for Novotel Pune Nagar Road and Novotel Imagica Khopoli. His expertise in forecasting, data analytics, and yield management will drive strategic revenue growth and business performance.
Real Estate Pune
Kinshuk Shrivastava Appointed Cluster Director of Revenue for Novotel Pune and Novotel Imagica
Kinshuk Shrivastava, a seasoned hotel industry professional, has been appointed as the Cluster Director of Revenue for Novotel Pune Nagar Road and Novotel Imagica Khopoli. With over a decade of experience, he will focus on driving strategic revenue growth and optimizing business performance.
real estate news
SAMHI Secures Rs 1.4 Billion Hotel Deal in Hyderabad
SAMHI Hotels Ltd has signed a significant Rs 1.4 billion deal to develop a new hotel in Hyderabad, further expanding its footprint in the real estate sector. Ashish Jakhanwala, Chairman and Managing Director of SAMHI Hotels Ltd, highlighted the strategic importance of this agreement.
Real Estate Maharashtra
IHCL Expands with New 125-Key Ginger Hotel in Satara, Maharashtra
Indian Hotels Company (IHCL) has announced the signing of a 125-key Ginger hotel in Satara, Maharashtra, further solidifying its presence in the state. This strategic move aligns with IHCL's goal to expand into high-potential markets.
Real Estate Maharashtra
IHCL Expands Ginger Brand with New Hotel in Satara, Maharashtra
Indian Hotels Company (IHCL) has announced the signing of a new Ginger hotel in Satara, Maharashtra. This greenfield project will further expand IHCL's presence in the region, catering to both business and leisure travelers.
Real Estate
ED Scrutinizes Krrish Realtech: ₹205 Crore Homebuyer Funds Diverted to Luxury Hotel in Colombo
The Enforcement Directorate (ED) has intensified its investigation into Krrish Realtech, a prominent real estate group in Gurugram, and its promoter Amit Katyal, alleging the diversion of ₹205 crore from homebuyers to a luxury hotel project in Colombo, Sri Lanka.
Real Estate
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.
Real Estate
EstateX Launches Tokenized Luxury Resort Access with Melia Hotels in Cape Verde
EstateX, the innovative property tokenization platform, has partnered with Melia Branded Resorts to bring a luxury beachfront resort in Cape Verde to the blockchain. This move follows the successful 5-minute sell-out of their first U.S. property offering and a recent record-breaking token launch.
real estate news
Brigade Group Secures 7-Acre Site in Chennai for Mixed-Use Development
Bengaluru-based real estate developer Brigade Group has signed a lease agreement for a 7-acre prime site in Chennai to develop a mixed-use project featuring over 1 million sq ft of Grade A office space and a 225-key 5-star hotel.
Real Estate
Brigade and Marriott Partner to Build Six New Hotels Across India
Brigade Group, a leading real estate developer, has signed a pact with Marriott International to construct six new hotels in key cities across India, including Chennai, Bengaluru, Thiruvananthapuram, and Kochi. This strategic partnership aims to expand the hotel presence and enhance hospitality services in these regions.
Real Estate Mumbai
Ravi Ghai: The Business Tycoon Behind Mumbai's Iconic Brands and Properties
Ravi Ghai, a prominent figure in Mumbai’s business and hospitality sectors, is the founder of the Graviss Group. Known for his sharp business acumen, he is behind iconic brands and properties such as the InterContinental hotel at Marine Drive and The Brooklyn Creamery. Recently, his granddaughter Saaniya Chandok got engaged to Arjun Tendulkar, son of cricket legend Sachin Tendulkar.
Real Estate Mumbai
Prestige Hospitality Ventures Secures Sebi Approval for Rs 2,700 Crore IPO
Prestige Hospitality Ventures, a leading developer and operator of luxury hospitality assets, has received Sebi approval for a Rs 2,700 crore initial public offering. The IPO will help the company expand its portfolio and strengthen its market position.