August 21, 2008 – 5:10 am
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 of [...]
By Rajani
|
Posted in Real Estate News
|
Also tagged Acquisition Spree, Berggruen Holdings, Chief Marketing Officer, Crore Rupees, Debt Equity Ratio, Four Star Hotels, Greenfield Projects, Hotel industry, Hoteliers, Industry Analysts, Jaipur, Land Acquisition, North Africa Region, Overseas Ventures, Private Investment Company, Realty Market, South East Asia, Thiruvananthapuram
|
Real estate developers see further slump in demand and price correction due to RBI’s move to raise interest rate. Caught between slow demand and rising cost of capital and construction, developers are deferring launch of new projects. Some even fear that ongoing projects may get delayed.
Indiabulls’ group spokesperson Gagan Banga said, “Interest rate hike has [...]
Real Estate consulting firm C B Richard Ellis (CBRE) on Friday announced the opening of a new fully operational office in Kolkata.
With the opening of this office, CBRE has increased its presence to 30 cities.
Mr. CB Richard Ellis (South Asia) Chairman and Managing Director, Anshuman Magazine, said, “The opening of Kolkata office signals the next [...]
Real estate executives seeking a Harvard Business School education can take a seminar in a prime new location this June.
The South Asia Real Estate Seminar, a collaborative effort between the HBS Executive Education Program and the HBS Indian Research Center, will offer a four-day workshop in Hyderabad, India that aims to connect experienced executives in [...]
January 28, 2008 – 5:18 am
The most successful Indian hoteliers in US, Sant Singh Chatwal, has plans for hotels in India. He plans to invest 5 thousand crore to build 27 hotels. According to Mr. Chatwal, south India will be the best investment option for hotel establishment. Hence he plans to invest a major portion of total investment, [...]
By Rajani
|
Posted in Real Estate News
|
Also tagged Four Star Hotel, Hampshire Group, High Profile, Hotel, Hotel Hampshire, Hoteliers, Hotels In India, Hotels India, Hyderabad, Indian hospitality industry, Indian Hotel Industry, Initial Outlay, Investment, Investment Option, Luxury Hotel, Manhattan, Sant Singh Chatwal, South East Asia, South India, Southern India
|
Property Listings