Tag Archives: Hospitality Business

Goel Ganga Group To Deliver Ten Thousand Flats Within Next Three Years

August 26, 2008 – 4:56 am

After delivering more than 11,000 residential flats and a number of commercial establishments in Pune, Goel Ganga group is on a major expansion mode.
The group is all set to deliver 10,000 flats within next three years in prominent cities like Bangalore and Mumbai along with Pune at an estimated investment of Rs 5,000 crore.
The group [...]

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Six Hotel Projects Shelved

August 1, 2008 – 5:54 am

A buoyant real estate market last year saw several realty firms foray into the hospitality sector. But with slowdown hitting real estate and choking cashflow, several small realty firms have been forced to put at least half a dozen hotel projects on the block.
A developer has put on the block a 200-room hotel project in [...]

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Domestic Hospitality Under Transformation

July 21, 2008 – 5:09 am

The domestic hospitality industry is undergoing rapid transformation, with several hotel groups investing in new properties across India and the globe. Additionally, real estate players are entering the industry through management contracts with established hotel chains.
This expansion in the hospitality business is taking place on account of the massive growth that India is likely to [...]

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