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 Mumbai
Brigade Hotels IPO Launches: MD Nirupa Shankar Unveils Luxury Expansion and Debt-Free Strategy
Brigade Hotel Ventures, the hospitality arm of Brigade Enterprises, has launched its ₹759.6 crore IPO. MD Nirupa Shankar details plans for luxury expansion and a zero-debt strategy.
Real Estate
Schloss to Construct Leela Hotel in Mumbai's BKC: A Premier Real Estate Project
Schloss Bangalore, a renowned real estate developer, has announced plans to build a premium Leela Hotel in Mumbai's Business District, BKC. This strategic move is expected to bolster the hospitality sector and enhance the city's appeal as a top destination.
Real Estate Maharashtra
Schloss to Construct Leela Hotel in Mumbai's BKC
Schloss, a renowned real estate developer, has been awarded the contract to build a luxurious Leela Hotel in Mumbai's bustling BKC area. This project is expected to significantly boost the hospitality sector in the region.
Real Estate Mumbai
Schloss to Build Leela Hotel in Mumbai's BKC: A Landmark Development
Schloss, a prominent real estate developer, has announced a significant project to build a Leela Hotel in Mumbai's bustling BKC area. This luxury hotel project is set to transform the hospitality sector in the region.
Real Estate Mumbai
MMRDA Allocates 8,411.88 Sq Meters Commercial Plot in BKC to Schloss Bangalore
The Mumbai Metropolitan Region Development Authority (MMRDA) has approved the allotment of a commercial plot in Bandra-Kurla Complex (BKC) to a consortium led by Schloss Bangalore. The plot will be used for a mixed-use project, including a luxury hotel.
Real Estate Mumbai
MMRDA Allocates 2.1-Acre Land in Mumbai’s BKC to Schloss Bangalore for Rs 1,302 Crore
The Mumbai Metropolitan Region Development Authority (MMRDA) has allocated a prime 2.1-acre land parcel in the Bandra-Kurla Complex (BKC) to Schloss Bangalore, a company backed by Brookfield Asset Management, for Rs 1,302 crore. The land will be used for a mixed-use project, including a 250-key luxury hotel.
Real Estate
Signum Hotels & Resorts: A Strategic Partnership with Al Waleed Real Estate
Signum Hotels & Resorts has forged a significant partnership with Al Waleed Real Estate, leveraging the latter's extensive regional presence and deep expertise in the real estate and hospitality sectors to expand its footprint and enhance its offerings.
Real Estate
IHCL Launches SeleQtions Hotel in Anjuna, Goa
IHCL, a leading hospitality company in India, has announced the opening of its SeleQtions hotel in Anjuna, Goa. The hotel aims to offer a unique blend of luxury and local charm, making it a top choice for travelers. Suma Venkatesh, Executive Vice President of Real Estate & Development at IHCL, highlighted the strategic importance of Goa's scenic coastline in the company's expansion plans.
real estate news
Prestige Hospitality Ventures Files for Rs 2700 Crore IPO: A Major Move in the Hospitality Sector
Prestige Hospitality Ventures Ltd, a subsidiary of Prestige Estates Projects Ltd, has filed preliminary documents for an Initial Public Offering (IPO) of Rs 2700 crore. This move marks a significant step in the company's growth and expansion plans in the Indian hospitality market.
real estate news
Pacific Group to Unveil Mega Mall and Luxury Hotel in Jaipur
Real estate giant Pacific Group is set to revolutionize Jaipur's commercial landscape with the development of a 15 lakh square foot mall and a 130-key luxury hotel. This ambitious project is expected to boost local business and tourism in the city.
Real Estate
Trehan Iris and Sarovar Hotels Unveil Luxury Hotel in Gurugram
Delhi NCR-based real estate developer Trehan Iris has collaborated with Sarovar Hotels to launch a premium hotel in New Gurugram, marking a significant milestone in the region's hospitality sector.
Real Estate Mumbai
The Truth About Hotel Rates in India: Are They Really a Scam?
Investor Basant Maheshwari sparks a heated debate over the exorbitant hotel rates in India, comparing them to those in Dubai. The root cause lies in the country’s sky-high real estate prices, and it’s unlikely to change anytime soon.
Real Estate Mumbai
Marriott to Launch Le Méridien Brand in Mumbai by 2029
Marriott International has entered into an agreement with The Balwa Group to introduce the prestigious Le Méridien Hotels & Resorts brand in Mumbai. This new property marks a significant addition to the city's luxury hospitality sector.
Real Estate Mumbai
Fairmont Mumbai Unveils a Blend of Art Deco and Modern Luxury
The Fairmont Mumbai, a new addition to Accor's luxury portfolio, has opened its doors, offering a unique blend of art deco heritage and modern luxury. The property features 446 beautifully appointed rooms, including opulent suites and a dedicated wellness floor.
Real Estate Mumbai
Dusit International Expands in India: 10 New Hotels on the Horizon
Thailand's renowned hotel and property development company, Dusit International, has announced plans to expand its footprint in India with the addition of 10 new hotels. This ambitious move underscores Dusit International's commitment to the Indian market and its belief in the region's potential for growth.
Real Estate Mumbai
Renaissance Ahmedabad Hotel Welcomes Rohit Bajpai as Cluster General Manager
Renaissance Hotel, located in Ahmedabad, has appointed Rohit Bajpai as its Cluster General Manager. With a rich background in the hospitality industry, Bajpai is expected to bring a new wave of innovation and excellence to the hotel.
Real Estate Mumbai
Taj Bandstand: A New Icon Rises in Mumbai
The Indian Hotels Company, part of the Tata Group, is set to invest Rs 2500 crore in a new 330-room property in Mumbai called Taj Bandstand, set to become a new landmark in the city.
Real Estate Mumbai
Mumbai's Sea Rock Hotel to be Rebranded as Taj Bandstand, Expected to Launch in 2025
The Indian Hotels Company Limited (IHCL) is set to rebrand Mumbai's iconic Sea Rock Hotel as Taj Bandstand, slated to open in 2025. This will be IHCL's fifth luxury property in the bustling city, joining the ranks of the Taj Mahal Palace, Taj Land's End,
Real Estate Maharashtra
Ventive Hospitality's Rs 1,600 Cr IPO to Open on December 20
Ventive Hospitality, a prominent player in the hospitality sector, is all set to launch its Initial Public Offering (IPO) on December 20. With a valuation of around Rs 1,600 crore, the company aims to raise funds for expansion and enhance its property por