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Construction & Infrastructure News

Foundation stone laid for redevelopment of Gomti Nagar and Charbagh railway stations in Lucknow

March 2018

Union Home Minister Rajnath Singh recently laid the foundation stone for redevelopment of Gomti Nagar and Charbagh railway stations in Lucknow. ...

Rajnath Singh, MoHUA, Dr Anoop Kumar Mittal, NBCC, Navratna CPSE, Green building, Energy, Budget Hotels

Provenance Land plans to raise Rs 1,000 crore through private equity funds

November 2017

Provenance Land, who has Hyatt Regency hotels and Four Seasons to its credit, has recently announced its plan to raise nearly Rs 1,000 crore through ...

Provenance Land, Hyatt Regency hotels, commercial real estate, GIC

ITC to open 10 new hotels in next three to four years

September 2017

ITC in the process of opening 40 new hotels, taking its total rooms to 5,000. This will include both self-owned and managed hotels. This plan is a pa...

ITC, Hospitality business, India First, WelcomHotels

Rs 26,000 crore ECC offers massive opportunities for private sector

July 2017

Major players from hospitality, retail, construction and other sectors have held wide-ranging discussions with the Delhi Mumbai Industrial Corridor D...

DMICDC, Dwarka project, Alkesh Sharma, ECC, JW Marriott, Taj Hotels, The Leela, Hilton, Asian Hotels West, Experion, Developer Group, Reliance Industries, Phoenix Mills, PPP, Swachh Bharat

Rs 26,000 cr ECC offers massive opportunities for private sector

July 2017

Major players from hospitality, retail, construction and other sectors have held wide-ranging discussions with the DMICDC on investment and partnersh...

ECC, DMICDC, Alkesh Sharma, JW Marriott, Taj Hotels, The Leela, Hilton, Asian Hotels West, Experion, Developer Group, Reliance Industries, Phoenix Mills, PPP, LEED Platinum certification, DIPP

The expansion plans of Keys Hotels include Tier-II and Tier-III smart cities

July 2017

Berggruen Hotels was founded in September 2006 to build and operate mid-market segment business hotels under the brand Keys Hotels in India. Today, t...

Berggruen Hotels, Vikas Chadha, Berggruen Hotels, Keys Hotels, KPMG, CAGR, FDI, RoI, Construction

Louvre Hotels Group buys into Sarovar Hotels

January 2017

Louvre Hotels Group, the second largest hotel group in Europe, has announced its acquisition of a majority stake in Sarovar Hotels, the largest indep...

Louvre Hotels Group, Europe, Sarovar Hotels, Sarovar Premiere, Sarovar Portico, Hometel, Radisson, Park Plaza, Park Inn brands, Anil Madhok, Ajay K Bakaya, Mansoor Adil, Pierre-Frédéric Roulot, Anil Madhok, Avendus Capital

Room to Expand

January 2017

In November 2016, the Indian Government announced the demonetisation of Rs 500 and Rs 1,000 currency notes. The impact of this move has been felt in ...

Demonetisation, Mandeep Lamba, JLL India, Anshu Sarin, Berggruen Hotels, FDI, UNESCO, Real-estate developers, Pradeep Kalra, Sarovar Hotels, Rattan Keswani, Lemon Tree Hotels, LEED Gold equivalent buildings, Shekhar Bhargava, Royal Orchid Hotels
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