Best Western India (BWI), a part of global hotel chain Best Western International, is looking to expand its presence in the mid-market segment. The company, which has 10 hotels in India at present, will set up an additional 14 hotels by 2012. The company, present in India since 2007, operates on a franchisee model and [...]
Archive for the ‘Gujrat Real Estate News’ Category
32 SEZ Developers Seek Time Extension to Execute Projects
As many as 32 SEZ developers, including Reliance Haryana SEZ of RIL, Indiabulls, Unitech and TCS, have sought extension of time to execute their projects. The inter-ministerial board of approval (BoA) will take up these cases at its next meeting scheduled for June 8, an official said on Tuesday. Besides the extension cases, five applications [...]
Amendment in disturbed area act gets President’s approval
The President of India has approved amendment in the disturbed areas act passed by Gujarat assembly. Amendment in the Disturbed Areas Act was enacted to check illegal transfer of properties in the communally sensitive areas officially described as “disturbed areas” in Ahmedabad and Vadodara city. Gujarat’s former governor S.C.Jamir had approved Disturbed Areas Act (Amendment) [...]
Bopal flat buyers pays for govt, builder tangle
Dream apartments in Bopal just got dearer, even for those who had already bought or booked flats. Realtors constructing high rise apartments in the new proposed residential zone 2 may well have to buy extra FSI from Ahmedabad Urban Development Authority (Auda) to resume construction after the state urban development department’s notice period ends in [...]
Mumbai Developers taking Interest in Booming Ahmedabad RealtyMumbai Developers taking Interest in Booming Ahmedabad Realty
The boom in Ahmedabad realty and the good profits that can be made here have spurred not only the city’s realtors into action, but have also attracted some major Mumbai-based players. If sources in the city’s real estate sector are to be believed, many of the Mumbai-based builders have plans to come up with affordable [...]
Homes out of reach near Iscon circle in Ahmedabad
Are you planning to buy a new home that fits into the ‘affordable housing’ range? Chances are you won’t find two-BHK apartments within the Rs15-20 lakh slot, in a radius of around five kilometres from Iscon Circle on SG highway. In all probability, you’ll have to look for alternative areas such as Gota, New Ranip, [...]
Chandu Patel signed an MoU with govt for a Rs2k crore hotel project during VGS ’09
Chandu Patel (CK), a non-resident Gujarati (NRG) bizman, who runs several franchise hotels of Hilton in the US, is keen to operate hotels with the same brand in Ahmedabad. But his dream faces some stiff challenges. Along with another NRI Sankalchand Patel, CK had chalked out plan of a Hilton Hotel project worth Rs2,000 crore. [...]


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