Oyo checks into Nepal, eyes 100 hotels this year
KATHMANDU: Budget hotel platform Oyo Rooms has forayed into Nepal with a target of onboarding 100 properties by the end of this year. The room aggregator, which opened its first… Read more »
Monthly Archives: May 2017
People more united than ever before in nation building, says Naidu
NEW DELHI (INDIA): Minister of Urban Development and Information & Broadcasting M.Venkaiah Naidu today said that the Government led by Prime Minister of India Narendra Modi during the last three… Read more »
Narendra Modi inaugurates India’s longest bridge in Assam
NEW DELHI (INDIA): The Prime Minister of India Narendra Modi has inaugurated India’s longest bridge – the 9.15 km long Dhola-Sadiya bridge over the River Brahmaputra in Assam. This was his first… Read more »
Naveen Patnaik writes to Nitin Gadkari, urges construction of 2nd bridge on Brahmani near Rourkela
BHUBANESWAR (INDIA): Odisha Chief Minister Naveen Patnaik on Thursday requested the Centre to construct a new bridge over Brahmani river in Rourkela to facilitate vehicular communication. “There is an old,… Read more »
Cabinet approves transfer of property of Hotel Janpath to Ministry of Urban Development
NEW DELHI (INDIA):The Cabinet Committee on Economic Affairs, chaired by the Prime Minister of India Narendra Modi, has given its ‘In Principle’ approval to transfer the property of Hotel Janpath,… Read more »
Air India plans to raise Rs 80 crore through sale of properties
MUMBAI (INDIA): Government-run Air India plans to raise around Rs 80 crore through sale of its seven properties, including some land parcels, as a part of its asset monetisation plan…. Read more »
Sweden risks disorderly housing market correction
By: Johan Sennero STOCKHOLM: Persistent house price growth in Sweden from already over-valued levels, coupled with a continued rise in household debt poses risks of a disorderly housing market correction,… Read more »
PE investment in real estate dips 4.6% to Rs 9,600 crore in Q1 2017: Cushman & Wakefield
NEW DELHI(INDIA): Private equity (PE) investment in real estate fell 4.6 per cent to nearly Rs 9,600 crore during the January-March period of this year even as office segment saw… Read more »
Steel homes under Pradhan Mantri Awas Yojna for just Rs 2 lakh, says Birender Singh
NEW DELHI (INDIA): Strong affordable homes made of steel can easily be built at a nominal Rs 2 lakh under Pradhan Mantri Awas Yojna (PMAY), Union Minister Chaudhary Birender Singh… Read more »
U.S. housing recovery intact despite drop in new home sales
By: Lucia Mutikani WASHINGTON: New U.S. single-family home sales tumbled from near a 9-1/2-year high in April, but the housing recovery likely remains intact amid a tightening labor market. The… Read more »