Raipur
FDI is changing the face of Indian real estate. And the latest add on to this segment is the investment of StayWell Hospitality Group of Australia who will be investing around USD 20 million in India. This step taking by the group is with a keen eye to spread their wings in India 18 hotels [...] Continue Reading »
With the Raipur district administration having planned out an ambitious and crucial project for easing traffic system and curbing road accidents, the city is apparently on the verge of getting a major infrastructure facelift. The infrastructure facelift for Raipur is part of the district administration’s ambitious traffic-related project. The proposed infrastructure-related development works planned for [...] Continue Reading »
According to the property consultant, Jones Lang LaSalle (JLL), the tier -III cities have evolved as the attractive destination for retail real estate primarily due to development of infrastructure and increasing purchasing power of consumers in these markets. Cities like Ahmedabad, Chandigarh, Surat, Amritsar, Vadodara, Nagpur, Coimbatore, Lucknow, Jaipur, Ludhiana, Kanpur and Raipur are emerged [...] Continue Reading »
India’s large mall developers companies are focusing on small towns, scouting for potential purchases. Developers like Future Group, Inorbit Malls (India) Pvt. Ltd and Infiniti Mall are looking to acquire malls in small cities to tap the potential there, while the top urban markets are close to being saturated. Inorbit, a division of Mumbai-based real estate developer K Raheja [...] Continue Reading »
While big realty players like DLF and Unitech seem likely to sell their non-core assets like hotels smaller developers realize an advantage in developing hotels as it increases project valuations. According to industry analysts, real estate players can extract the best valuation by doing mixed land development where they build hotels along with residential and [...] Continue Reading »
