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Leela ventures may sell Delhi & Chennai hotels

Leela ventures may sell  Delhi & Chennai hotels
Hotel Leela venture is in talks with sovereign wealth funds of Abu Dhabi, Qatar and Malaysia to sell off its two main properties situated in Delhi and Chennai for around Rs 1,850 crore. The two properties will be hive off into separate entities by the firm which owns, operates and manages hotels, palaces and resorts. [...] Continue Reading »

Mega food park in Koraput

Mega food park in Koraput
In as many as 23 states, MoFPI has approved a total of 40 mega food park projects in various stages of implementation. Under the Mega Food Park scheme of the Union ministry of Food Processing Industries (MoFPI), a state PSU, The Odisha Agro Industries Corporation Limited (OAIC) is eager to set up a mega food [...] Continue Reading »

L&T grabs Rs 3,700 crore order in Qatar

L&T grabs Rs 3,700 crore order in Qatar
The transportation infrastructure business of L&T Construction has grabbed 3,655 crore order from ASHGHAL, State of Qatar, for design and construction of Al Wakrah Bypass Road in the Gulf country. As per statement, the scope of work consist of construction of11km road of 10 lanes and four future lane sections roads. The open way provides access to the existing [...] Continue Reading »

First anniversary celebrated by Lulu Mall

First anniversary celebrated by Lulu Mall
In the press release issued by the management of the Lulu Mall on its first anniversary in Kochi, it is being touted as the most famous shopping place in city. During last year, more than 2 crore people visited that mall. The management of mall also added that they have paid 34 crore as a [...] Continue Reading »

Wadhwa Group promotes new projects in Qatar

Wadhwa Group promotes new projects in Qatar
Evergreen Heights, Kalwa, The Address, Ghatkopar West, Anantya, Chembur; Platina, Thane and Anmol Fortune, Goregaon West are the new projects to be recently launched by the Wadhwa group. The project has flats from 1BHk to 4 BHK apartments range from Rs 69 Lakh to Rs 5 Crore. Wadhwa group offers two projects in Anmol Fortune [...] Continue Reading »

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 »

Indiabulls enters into agreement with Doha Bank

Indiabulls enters into agreement with Doha Bank
Indiabulls Group has put a step forward to acquire global footprint. The real estate firm has entered into an agreement with Qatar‘s Doha Bank for offering mortgage loans to the bank’s NRI customers for acquiring properties in India. The tie-up with Indiabulls will provide an opportunity for Doha Bank NRI customers to approach for housing [...] Continue Reading »



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