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 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
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
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