Tag: Indian

Indian HNIs make realty investment

Foreign developers are trying to attract Indian HNI (High Net Worth Individual). HNIs are people with net financial assets (liquid assets) of at least $1 million, excluding primary residence and consumables. India is projected to be the world’s third largest economy by 2050. A subsequent increase in the number of wealthy individuals, real estate consultants […]

IHC To Spend One Billion Dollar On Buying Hotels

Indian Hospitality Corporation (IHC), a joint venture of Gordon House Hotels, Mars Restaurant and SkyGourmet Catering formed last year, plans to spend as much as $1 billion to acquire hotel groups and restaurant chains. The company has hired Ravi Deol as chairman and chief executive of Mars Restaurants, the hotel and food services division of […]

SMR Ltd Plans To Invest In Malaysia Cybercity

Mumbai-based Sunil Mantri Realty Ltd plans to invest about hundred million U.S. dollars to participate in the development of Bandar MSC Cyberport in Kulai, the first Multimedia Super Corridor (MSC) cybercity in Malaysian southern Johor state. This is for the first time that an Indian company is investing in malaysia cybercity. The company signed the […]

Dubai Properties displayed at Mumbai Extravaganza aiming Indian Investor

Foremost master real estate developer Dubai Properties has participated at the premium luxury show ‘Mumbai Extravaganza 2008’ in Mumbai, India to showcase its most recent portfolio of realty developments including the latest to be announced ‘Mudon’ project, to an elite audience of high net worth visitors and top tier conglomerates. Mohamed Binbrek, CEO, Dubai Properties, […]