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FDI in 2013 decreases by 3% to $22b

FDI in 2013 decreases by 3% to $22b
As per the data by Department of Industrial Policy and Promotion (DIPP) in 2012, India collected $22.78 billion of FDI. Services, pharmaceuticals, automobiles, construction development, telecommunications, computer software and hardware, chemicals and power were the sectors that attracted foreign investment in 2013. The countries which invested in India consist of Mauritius, Singapore, UK, Netherlands, Japan, [...] Continue Reading »

According to Richard Solomons, India is among top 10 markets to deliver 75% of global hotel growth.

According to Richard Solomons, India is among top 10 markets to deliver 75% of global hotel growth.
Intercontinental Hotels Group (IHG), a UK-based leading hospitality chain, after five decades in India and 19 hotels, is planning to open 45 more properties in the next three to four years. Next to China, within Asia, this is the second highest pipeline. In the Indian market the company has put in $390 million and is [...] Continue Reading »

Piramal Sunteck Realty tie up with Sussanne Roshan as Interior Design Partner

Piramal Sunteck Realty tie up with Sussanne Roshan as Interior Design Partner
Piramal Sunteck Realty Pvt Ltd has tied up with Sussanne Roshan’s plush interiors brand for interior designing. The tie up is done for the Charcoal Project. The tie up will provide Nagpur’s elite denizens a taste of exclusive high living which was previously accessible only to the aristocratic circles in large metros. The tie up [...] Continue Reading »

USD 10m to be invested in Central Park II in Gurgaon

USD 10m to be invested in Central Park II in Gurgaon
An additional US$10 million are to be invested in Central Park II in Gurgaon. There is a tunnel that leads to an underground road network which connects with the lobbies of each residential tower. Residents have an uninterrupted 20 acre car-free landscaped green vista as all traffic is routed underground. There is a plan by [...] Continue Reading »

Delhi’s Select Citywalk mall plans attack into e-commerce to fill gap between online & offline business

Delhi’s Select Citywalk mall plans attack into e-commerce to fill gap between online & offline business
The Delhi’s Select City walk mall is one of the India’s most popular shopping spaces. It is planning to enter in to e-commerce to be a bridge between online business and offline business. But the accepted sales being racked up by the online sites, the vision could be regarding the protection from the inevitable obsolescence [...] Continue Reading »

Northeast villagers gather money to build roads

Northeast villagers gather money to build roads
To fulfill the most cherished dream of having roads to connect the remote areas of  Manipur, Assam and Nagaland, about 100 Northeast villagers are working hard towards collecting funds to complete the road construction.  The deadline will be until Christmas. An example, wherein a resident from Manipur’s remote Phoklong village has contributed Rs 1,000 from his old-age pension for the [...] Continue Reading »

Premium segment real estate on the rise in Bangalore

Premium segment real estate on the rise in Bangalore
A recent report by CBRE indicates that residential real estate market in Bangalore has emerged as an attractive investment proposition for investors. High net worth individuals (HNIs) are attracted by the city’s stable demand outlook and attractive pricing. This has been reflected in growing demand for homes upward of Rs 1.5 crore. The city has [...] Continue Reading »

Agreement signed for better economic assistance

Agreement signed for better economic assistance
Great time ahead for the countries needing economic assistance. Godrej Properties Ltd, a renowned real estate firm has recently teamed up with leading lender of India, ICICI Bank to develop projects and give financial help abroad. They have signed an agreement for the same. Countries of South East Asia like India, Singapore, UAE and also [...] Continue Reading »



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