Tag: Banglore

JNB Will Open 50 Hotels Across The Country By 2015

July 14, 2008 – 6:01 am

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 […]

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Leading property developers are pulling out of hotel project

June 23, 2008 – 12:17 am

Leading property developers are pulling out of proposed deals with hospitality majors, including Royal Orchid Hotels and Ramada Worldwide, as cash flows in the real estate sector are slowing. Realtors are reconsidering plans to go into the hospitality sector.

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Hike In Property Price Of Kolkata

June 13, 2008 – 12:16 am

Property prices in and around Calcutta could shoot up by as much as 15 % as city developers contemplate a basket hike in product prices to combat a steep rise in input costs. The real rise in realty rates, though, could be tempered by a slack market. According to Pradeep Sureka“There’s no way we can […]

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Sobha announces villa project in Banglore

March 10, 2008 – 12:47 am

BANGALORE: Ahead of the opening of Bangalore International Airport at Devanahalli, foremost real estate firm Sobha Developers on Saturday announced the commencement of their biggest single location project, Sobha Lifestyle, in the locality of the airport area. This project is located just 7 km from airpot. J C Sharma, Managing Director, Shobha Developers Limited (SDL) […]

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