Hotel industry
The Dutch pension fund now holds around 13% stake in mid-market hotel chain Lemon Tree. This deal has pegged the valuation of the hotel at approximately Rs 3,000 crore. With the help of this capital infusion LemonTree aims to have close to 8000 owned and managed rooms by 2017. Earlier the hotel company signed a [...] Continue Reading »
Investment in the real estate sector has decreased due to the political uncertainties, elections and due to changes in the regulatory framework. As Mumbai continues to suffer the most, the 2014 situation of National Capital Region (NCR) of Delhi and Bengaluru is still better, comparatively. In 2013, investments in land witnessed 61 per cent decrease [...] Continue Reading »
The Indian real estate market witnessed a drop in the investment in 2013. As per the report titled Investment Market beat 2013 by property advisory Cushman and Wakefield, investment in Indian real estate market decreased by 65 percent in 2013. The report also concluded the investment in the hotel industry have decreased the most by [...] Continue Reading »
