Tag Archives: Goa

Unitech Plans for 35 Hotels

December 10, 2008 – 1:39 am

Realty major UNITECH LTD plans to invest about Rs 2,500 crore to develop 35 hotels across India over the next seven years. Unitech managing director Sanjay Chandra said the firm would develop 35 hotels in the next six to seven years and already had land in many cities at prime locations.
* The hotels would be [...]

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Choice Hotels To Invest Rs 1500 Crore

October 15, 2008 – 7:53 am

Choice Hotels is deciding to invest fifteen hundred crore rupees over coming two years to double the number of its hotels from the present twenty-five to fifty across India. The company has already started construction of twenty-one more hotels and has tied up with various construction companies. Choice hotels has done dealing with Amrapali group, [...]

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IHCL Will Set Up Four Airport Hotels In The Country

August 18, 2008 – 3:58 am

Indian Hotels Company (IHCL), which runs the Taj chain of hotels, has earmarked Rs 1,800 crore for funding inorganic growth in the subsequent 3 years, said chairman Ratan Tata.
Talking to shareholders at the company’s yearly general meeting, Mr Tata said IHCL would set up four airport hotels in the country, including one in Navi Mumbai, [...]

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Goa To Appoint NRIs

July 25, 2008 – 5:08 am

Goa is set to become the first state in India to appoint non-resident Indians (NRIs) to various boards and corporations. Eduardo Faleiro, former minister of state for external affairs and currently Goa’s commissioner for NRI affairs, told, “Putting Goan expatriates on state boards and corporation is one of our various steps to reconnect them with [...]

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Gaziz Globe And Big Shopping Group From Israel To Invest In India

July 21, 2008 – 4:52 am

The Indian real estate market is set to witness the entry of investors like Gaziz Globe and Big Shopping Group from Israel, Mirax from Russia and a few others from Eastern and Western Europe. Together, these investors are likely to invest around Rs 10,000 crore in Indian property that is FDI compliant, in the coming [...]

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Unity Infra Upcoming Project

July 5, 2008 – 6:01 am

Unity Infraproject has announced it’s FY08 results. Unity Infra project’s profit after tax (PAT) for FY2008 stood at Rs 600 million, up 42% from Rs 423 million in FY2007. EPS for FY2008 was Rs 44.9 versusRs 32.9 in FY2007, a growth of 36%.
Out of the current order book, 56% pertains to government and 44% to [...]

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Rs 100 crores will be invested by Inox in east India

May 31, 2008 – 5:28 am

After putting up 24 multiplex screens across cities like Vadodara, Kolkata, Mumbai and Goa in the last 6 yrs, the company has been silently signing up properties in Burdwan Rajarhat, Panditya Road, Haldia, Howrah, Jessore Road Asansol and even Siliguri to throw open multiplexes.
The total investment is estimated to be over one hundred crores rupees. [...]

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Indians Buy Dubai Fancy Homes For Up To Rs 95 Crore

April 26, 2008 – 8:56 am

Rich and famous Indians at home and super-rich Indian expatriates here have become the second largest ethnic group to buy into the world’s first fashion-branded Palazzo Versace lifestyle resort, which is soon to be launched from London.
Indian interest in the global rollout on April 29 of Palazzo Versace, a 169-residence complex on Dubai’s waterfront with [...]

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Goa Real Estate, Developments With Full Amenities, Appeals International Community

March 11, 2008 – 5:59 am

Goa is the smallest state in the Indian Union is located on its western coast. This erstwhile Portuguese colony is a prime vacation destination for international and Indian tourists alike. Goa borders the Arabian Sea and the states of Maharashtra and Karnataka, and two of its greatest attractions are its laid-back pace of life and [...]

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Real Estate Industry Spreads Over Small Cities

January 28, 2008 – 5:10 am

Disproportionate increase in property price in metro cities has resulted into expansion of hotel industry to small cities. The Giants of hotel industry are shifting their focus to cities like Ahmedabad, Bhuvaneshwar, Chandigarh, Coimbatore, Goa, Guwahati, Indore, Jaipur, Ludhiana, Lucknow, Mysore, Nagpur, Surat Vishakhapatnam and many more.
Main reason behind the change in investment [...]

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