Tag: Hotel Industry

Budget Hits Hard the Realty

March 11, 2010 – 12:41 pm

tThe real estate sector got hit quite seriously by the budget details. Very intelligently the Budget bribed the home buyers in the form of interest rate subvention and tax savings. On the other hand  service tax on lease rentals in the Finance Bill was also brought back. So, the builders decided to pass on the […]

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Indian Hotel Industry Plans to Add 55 thousand Rooms in 4 years

October 3, 2009 – 5:30 pm

The Indian hotel industry will almost double the number of rooms from the current levels in 3-4 years by adding an estimated fifty-five thousand rooms, as per a study by consulting firm HVS India. The development of new rooms is going to be led by regional real estate players and hospitality firms as most large […]

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More Realtors Check Into Hospitality

May 9, 2008 – 4:13 am

Fearing a supply glut in the housing and commercial property markets, real estate companies are pinning hopes on the booming hospitality sector. It’s not that the trend has just set in. It has certainly gained momentum of late, with practically every developer announcing hospitality projects.

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