Tag: chairman

Sahara, Bhushan Steel, ICICI race to buy Parsvnath’s Connaught Place land.

Sahara Group, ICICI Bank, Bhushan Steel, Bharti Realty, Red Fort Capital and Shri Lal Mahal are understood to be in the race among others to acquire Parsvnath Developers’ 1.18 acre of prime commercial land near Connaught Place in the National Capital. In January, Parsvnath had announced plans to monetise the KG Marg land, which it had bought […]

Lemon Tree is planning to open 100 hotels in India by 2020.

Hospitality chain Lemon Tree Hotels today said it plans to open 100 hotels in India by 2020, with a total room capacity of 10,000. The company that currently owns and manages 18 hotels under Lemon Tree Premier, Lemon Tree and Red Fox brands also said it has put on hold plans to foray into real estate in partnership […]

This Navaratra Buyers are back in Realty Sector.

There is flurry of activity in the offices of realty firms as buyers are coming out to seal deals. The mood is likely to remain upbeat till the end of summer vacation of schools. Buyers are back in the realty market this Navaratra, lending credence to this festive season’s reputation as a golden period for business […]