Hospitality chain Lemon Tree Hotels today said it plans to open 100 hotels in India by 2020, with a total room capacity of 10,000. The company that currently owns and manages 18 hotels under Lemon Tree Premier, Lemon Tree and Red Fox brands also said it has put on hold plans to foray into real estate in partnership […]
Tag: Warburg Pincus
Leading Real Estate Player Interested In Hospitality sector
July 25, 2008 – 5:06 am
Suffering from low margins, Indian developers are entering fresh businesses like retail and hotel to expand revenue stream and offset slowing demand for real estate projects due to six year high lending rates and severe financing norm. Below are a few recent investments in the hospitality sector Yatra Capital, a Jersey-based private equity firm, will […]
Realtors Eye Huge Profits From Reasonably Priced Housing
June 16, 2008 – 12:47 am
Reasonably priced housing, the most neglected segment of the real estate sector, is now magnetizing significant investments from developers plus private equity funds. While real estate majors like Ansals and Omaxe are planning low-budget housing projects in smaller towns and cities across the country, private equity players are firming up huge investments for this sector.