Berggruen Holdings, a New York-based private investment company, which is setting up a series of three- and four-star hotels under its arm Berggruen Hotels, will invest over Rs 1,000 crore in India till 2012. This quantum will be funded through a debt-equity ratio of 2:1. The company has tied up with IDFC for a loan […]
Tag: Greenfield Projects
Hunter Beer Maker Joins Realty Play With Madhya Pradesh Land Buy
May 22, 2008 – 7:04 am
The Bhopal-based Som Distilleries and Breweries, manufacturer of the Hunter beer, has acquired a 50-acre prime plot in Gwalior for Rs 266 crore from the Madhya Pradesh government. The company will develop a retail mall, a theme mall and two hotels — a star hotel and a budget hotel — as well as residential apartments, […]
Airport Upgrades Projected To Add 78 Million Square Feet Realty Space
May 20, 2008 – 4:29 am
Nearly seventy eight million square feet real estate space is expected to be added by 2015 due to forty seven airport modernization and upgrade projects. The projects cover forty thousand acres across forty existing and seven new airports, according to the Airport Realty Report by global property consultancy Cushman & Wakefield. The report says if […]
