Aloft Hotels, a franchisee of Starwood Hotels & Resorts Worldwide, Inc, is planning to add 830 rooms across five cities in India by the first quarter of next fiscal with an investment of Rs 500-550 crore. Speaking to reporters after launching the company’s first hotel in India at Chennai, Kumar Sitaraman, chairman and chief executive [...]
Archive for the ‘Karnataka Real Estate News’ Category
Auromatrix plans 4 new hotels, to invest Rs 500 cr
Posted by propertyagentsindia on July 8th, 2010
Posted in Chennai Real Estate News, Commercial Real Estate India, India Real Estate Guide, india real estate market, Karnataka Real Estate News, Kerala Real Estate News, Real Estate Buzz-India, Tamil Nadu Real Estate News 
Tags: Auromatrix plans 4 new hotels, chennai real estate, coimbatore real estate, Commercial Real Estate, real estate investment 
No Comments »Indiareit Raising Rs 350 crore for Domestic Realty Fund
Posted by propertyagentsindia on June 1st, 2010
Indiareit Fund Advisors, the Ajay Piramal group-promoted realty fund manger, was close to raising Rs 350 crore from high net worth individuals (HNIs) for its new property fund, said an executive. After doing so, it is setting its sights on raising a $250-million (Rs 1,100 crore) offshore fund, lined up for the next financial year. [...]
Posted in Commercial Real Estate India, Delhi Real Estate, Delhi Real Estate News, Housing Projects India, India Real Estate Developers, India Real Estate Guide, india real estate market, Karnataka Real Estate News, Maharashtra Real Estate News, Mumbai Real Estate News, Real Estate Buzz-India, Residential Real Estate - India, Tamil Nadu Real Estate News Tags: Indian realty, investments in international markets., properties across the country, real estate investment, Realty Fund No Comments »Best Western Hotels Plans 14 More Hotels in India
Posted by propertyagentsindia on June 1st, 2010
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 [...]
Posted in Andhra Pradesh Real Estate News, Commercial Real Estate India, Gujrat Real Estate News, India Real Estate Developers, India Real Estate Guide, india real estate market, Karnataka Real Estate News, Kerala Real Estate News, Odisa Real Estate News, Punjab Real Estate News, Rajasthan Real Estate News, Real Estate Buzz-India Tags: properties in Ahmedabad No Comments »32 SEZ Developers Seek Time Extension to Execute Projects
Posted by propertyagentsindia on May 31st, 2010
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 [...]
Posted in Gujrat Real Estate News, Haryana Real Estate News, India Real Estate Developers, India Real Estate Guide, india real estate market, Indore Real Estate News, Karnataka Real Estate News, Madhya Pradesh Real estate News, Maharashtra Real Estate News, Mumbai Real Estate News, Real Estate Books, Real Estate Buzz-India, West Bengal Real Estate News Tags: Real estate developer No Comments »Bangalore: Uber-luxurious residential; Mallya also gets in!
Posted by propertyagentsindia on May 17th, 2010
By Sahar Adil Published: May 15 2010 The Bangalore luxury residential projects have created quite a flurry as developers like Prestige Estates and Mantri developers go uber-luxurious; Vijay Mallya, Bangalore’s most public tycoon, couldn’t stay out of this too long. Liquor, aviation and now real estate! Vijay Mallya, the business baron who lives life “kingsize”, [...]
Posted in Bangalore Real Estate News, India Real Estate Developers, India Real Estate Guide, india real estate market, Karnataka Real Estate News, Real Estate Buzz-India, Real estate Rates India Tags: banaglore, Bangalore luxury residential projects, bangalore real estate, irfan razack, luxury homes, luxury homes in banaglore, luxury residences, most expensive residential project Bangalore real estate history, prestige developers, property developers, sqft price, uber luxurious, vijay mallay, Vijay Mallya in real estate!, Vittal Mallya road 2 Comments »Citi hotel SPV set to kick off with B’lore, Chennai openings
Posted by propertyagentsindia on May 11th, 2010
Sajan C Kumar Posted: Tuesday, May 11, 2010 at 2329 hrs IST Updated: Tuesday, May 11, 2010 at 2329 hrs IST Chennai: Aloft Hotels, the well-known brand from Starwood Hotels and Resorts Group Worldwide Inc, will soon have an India address. Urbanedge Hotels, the special purpose vehicle (SPV) of Auromatrix Holdings with Citi Property Investors, [...]
Prestige Group to invest up to Rs 1,800-cr in six new malls
Posted by propertyagentsindia on May 10th, 2010
Bangalore-based real estate giant, the Prestige Group, plans to invest around Rs 1,500-1,800-crore to develop six malls, scheduled to be operational by 2013. Of these six, the company will construct four malls in a joint venture with Singapore-based CapitaMalls Asia. We are planning to develop six projects by 2013 at an investment of Rs 250-300-crore [...]
Posted in Bangalore Real Estate News, Commercial Real Estate India, Housing Projects India, india real estate market, Karnataka Real Estate News, Real Estate Buzz-India, Residential Real Estate - India Tags: Bangalore-based real estate developer, develop six malls, joint venture with Singapore-based CapitaMalls Asia., the Prestige Group No Comments »A town that has emerged from the shadows of Bangalore
Posted by propertyagentsindia on May 5th, 2010
Jaishankar Jayaramiah Posted online: May 05, 2010 at 2037 hrs Till the other day, Hosur, the border town between Karnataka and Tamil Nadu was basking in Bangalore’s glory. But today, it’s a business destination in its own right and that’s eminently reflected in the spiraling real estate costs. There are several reasons for Hosur becoming [...]
Posted in Bangalore Real Estate News, Commercial Real Estate India, India Real Estate Developers, India Real Estate Guide, india real estate market, Karnataka Real Estate News, Real Estate Buzz-India, Real estate Rates India, Residential Real Estate - India, Tamil Nadu Real Estate News Tags: 40-km away from the centre of Bangalore city, a business destination, border town between Karnataka and Tamil Nadu, Hosur, prime residential destination No Comments »State must keep its promise to STF men: HC
Posted by propertyagentsindia on May 1st, 2010
DNBAN23685 | 4/21/2010 | Author : Odeal D’Souza | WC :231 The Karnataka high court has rejected a plea from the state government to allow it to give money instead of land to constables of the Special Task Force (STF) who were instrumental in ending the terror caused by forest brigand Veerappan. A division bench [...]
Work on bridges yet to begin
Posted by propertyagentsindia on April 29th, 2010
Contractors show little interest in tender process Escalation in construction costs cited as reason Raichur: Plans to construct three bridges across the Krishna, providing access to shrines in some islands in Raichur taluk (in the backwaters of the Jurala Project), have been suspended again following non-participation of contractors in the tender process. Official sources told [...]
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