Tag Archives: Hotels

DLF freezes projects

November 18, 2008 – 4:34 am

The liquidity squeeze-induced slump in demand has forced real estate leader DLF to fire some employees, put a number of hotel and housing projects on hold and yearn for 7% home loan rates.
“We must have laid off some employees somewhere,” DLF Chairman K P Singh told reporters on the sidelines of India Economic Summit, but [...]

By Rajani | Posted in Real Estate News | Also tagged , , , , , , , , , , , , , , | Comments (0)

Real estate major ventures into hospitality with Ramada tie-up

April 16, 2008 – 7:45 am

Pune-based promoter and developer, the Amrut Runwal Group, is all set to venture into the hospitality industry. The group will begin with a five star property in Pune, which is scheduled to open by June 2009.
“In order to diversify business operations, the Amrut Runwal Group decided to enter the hospitality industry. Since Pune is an [...]

By manish | Posted in Real Estate News | Also tagged , , , , , , , , , , | Comments (0)