Meininger Hotels to open second property in Brussels
NEW DELHI: Travel services firm Cox & Kings-owned Meininger Hotels have signed a lease contract with Nelson Canal for a 150-room hotel in Brussels. “The hotel is expected to open… Read more »
Author Archives: By TGR Team
US homebuilder confidence hits highest level since 2005
U.S. homebuilders’ confidence soared this month to the highest level in 11 years, reflecting heightened expectations of better sales now and well into 2017.U.S. homebuilders’ confidence soared this month to… Read more »
Amritsar’s emergence as a real estate hotspot
By A. Shankar Amritsar, famous for the Golden Temple, is a major spiritual and cultural centre in India which attracts more visitors than Taj Mahal. On any given day, nearly… Read more »
Emaar appoints hospitality and leisure unit CEO
By Alexander Cornwell DUBAI: Dubai’s Emaar Properties , builder of the world’s tallest tower, announced the appointment of Olivier Harnisch as the chief executive of its hospitality and leisure business… Read more »
Demonetisation, GST to be highly disruptive in short term
NEW DELHI (INDIA): S&P Global Ratings today said demonetisation and a likely GST rollout from September 2017 are likely to cast a “higher disruptive impact” on informal, rural, and cash-based… Read more »
Developers, funds target China demand for co-working space amid startup boom
By: Clare Jim HONG KONG: Real estate developers and financial investors are capitalising on fast-rising demand for leasing of “co-working” spaces in China, as Beijing encourages startups and small businesses… Read more »
75% Indian companies not disaster ready
MUMBAI (INDIA): Nearly 75 per cent of Indian companies are not prepared for disaster management, a recent survey by real estate consultant CBRE says. According to the study, which includes… Read more »
Indiabulls Real Estate gets court notice on cheating plea
NEW DELHI: A Delhi court has issued notice to Indiabulls Real Estate Ltd and its subsidiary firm Athena Infrastructural Ltd on a criminal complaint seeking lodging of an FIR against… Read more »
Construction equipment industry revenue to cross Rs 1.5 lakh crore
GURUGRAM (INDIA): Builders Association of India President Avinash M. Patil on Wednesday said the Indian construction equipment revenues are expected to cross the $23 billion — approximately Rs 1.5 lakh… Read more »
Unitech Q2 net loss narrows to Rs 13 crore
NEW DELHI (INDIA): Realty firm Unitech Ltd’s consolidated net loss narrowed to Rs 13 crore during the second quarter of the ongoing fiscal due to lower finance cost and expenses…. Read more »