Global hospitality chain Carlson on Monday announced plans to open its luxury brand Regent in India with the opening of a hotel in Gurgaon in 2013. The Carlson has tied up with real estate major Pioneer Urban Land and Infrastructure (PUIL), which would…
Industry chamber FICCI has called for granting infrastructure status to the hotel industry aimed at boosting investments in the sector. “Granting infrastructure status to the hotel industry will encourage re-investments in the hospitality sector,” …
The property market crash has foiled the plot for the Mumbai Metropolitan Region Development Authority (MMRDA), which relies on selling the land in its possession at market rates to fund infrastructure projects. Worried that the trend will continue, th…