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Leela

Two hotels to be sold by Leela for Rs 2k crore

Two hotels to be sold by Leela for Rs 2k crore
Wealth funds of Abu Dhabi, Qatar and Malaysia are competing with each other to acquire two of India’s prime properties. It is going to be one of the biggest deals in the Indian hospitality industry. The governments mentioned above are cash rich and are looking to pick up 74% stake in the Leela Group’s Delhi [...] Continue Reading »

Real estate builders are selling Hotels to reduce Debt

Real estate builders are selling Hotels to reduce Debt
Real estate builders like DB Group, DLF, Eros, Leela and Royal Orchid Hotels are planning to sell their hotels to reduce the debt amount. The companies had taken a huge debt while expanding business a few years ago. As the market is slowing down, the debt amount has mounded. Hence to come out from the [...] Continue Reading »

Real estate sales across India

Real estate sales across India
The sale of houses and apartments in India is proving a major decline! The home loan rates and rates of properties are also increasing with the days progressing. Properties in India is no more n demand! This present real estate scenario is alarming whole India. The real estate experts have proved major decline of properties [...] Continue Reading »



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