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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 »

Home loan demand still healthy!

Home loan demand still healthy!
Inspite of continuous price hikes and interest levels touching sky, demand for home loan has not been affected by any. Home loan has been in constant demand especially in smaller cities. According to a report, loan borrowed has rose by 14% by October 2011 against end of 2010. A rise of 12% was witnessed in [...] Continue Reading »

Metros sparkle in the list of unsold flats!

Metros sparkle in the list of unsold flats!
Metro cities has seen a slow down in demand in the residential realty sector in the recent times. This is due to the fact that there has been a lot of hike in property prices and rise in interest rates. According to a report, Delhi-NCR has topped the list of unsold flats at 102,758 units, [...] Continue Reading »

Realty faces a crisis as labourers pack their bags!

Realty faces a crisis as labourers pack their bags!
Realty sector in Bangalore and other metros is facing a crisis as unskilled labourers are leaving the construction work mid way. Labourers hailing from Bihar who had come to metros in the intention of earning big money have no longer interest in the city life. This is all because, their own state has become a [...] Continue Reading »



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