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Hotel business

DLF gets Rs. 93 crore from IDFC by the sale of Noida IT park

DLF gets Rs. 93 crore from IDFC by the sale of Noida IT park
The largest Real estate firm of the country, DLF says that they received Rs 93.5 crore from IDFC for acquiring IT park project in Noida. In November 2011, the IDFC has purchased 100 percent shares of Galaxy Mercantile. The Galaxy Mercantile is the joint venture of DLF subsidiary DLF Home Developers and realtor, the 3C [...] Continue Reading »

InterContinental Hotels group plans to open 47 hotels

InterContinental Hotels group plans to open 47 hotels
Though hotel business may have been witnessing a slow growth in the recent years, the InterContinental Hotels group is buoyant about the long-term demand in the country and is planning to develop 47 hotels within next five years. Chris Moloney, chief operating officer, South West Asia, IHG told at the moment the hotel chain is [...] Continue Reading »



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