Tag Archives: Amritsar

JNB Will Open 50 Hotels Across The Country By 2015

US-based real estate management, investment and development consortium, JNB Investments LLC, has forayed into the Indian hospitality market, with plans to set up 50 hotels in the country by 2015. The company will invest about Rs 2000 Crore in the development, which will be collected through internal accruals and other sources of funding.
JNB will develop [...]

Commercial Development of Vacant Railway Land

The Ministry of Railways have set up Rail Land Development Authority (RLDA) by an amendment to Railways Act, 1989 (Amendment No. 47 of 2005) for commercial development of vacant railway land for generating revenue. So far 115 sites, covering a total area of 1139 hectares (approx) have been entrusted to the Authority for commercial development [...]

Chatwal to Invest 5,000 Crore In India

Chatwal is all set to spend Rupees five thousand crore in India. At this time, his company is coming up with 8 hotels in Karnataka, Andhra Pradesh, Kerala and Tamil Nadu. The first of these properties, in Hyderabad.