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he Haryana Urban Development Authority (HUDA) has invited applications from the Personnel of Defence and Para-Military forces for the allotment of residential plots of various sizes in the fifth Defence sector - 18, Rewari.
Information to this effect was shared by a spokesman of HUDA that the State Government has introduced a scheme for the allotment of free hold residential plots to the serving defence personnel, ex-servicemen, war widows, disabled soldiers and para military forces personnel of Haryana domicile.
The plots that had been offered for the allotment included 56 plots of one canal, 122 plots of 14 marla, 152 plots of 10 marla, 193 plots of eight marla, 69 plots of six marla and eight plots of four marla.
More : hr.abclive.in
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Carlson Hotels today announced year-end 2009 results, which include the addition of a total of 92 properties under its five brands worldwide during the year and systemwide sales of USD 5.8 billion. Carlson Hotels also signed 66 new properties adding to its contracted pipeline of 249 properties.
Our brands experienced solid growth worldwide in 2009 while continuing to increase quality standards and earning several respected awards for guest satisfaction, said Hubert Joly, president and CEO of Carlson.
I am grateful to our teams around the world for these results and I am confident that our brand-focused strategies will continue to drive guest satisfaction and to generate positive results for our partners in the business, he added.
More : earthtimes.org
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If you like the song and dance culture on the big screen, dodge this. Bollywood is set to stage its own Broadway at a special destination called Kingdom of Dreams in Gurgaon.
The venue will offer Bollywood musicals, stage shows, theatre, performing arts, Indian culture, heritage, crafts, cuisine and shopping under one roof.
Kingdom of Dreams is owned by the Great Indian Nautanki Company, which is a joint venture between Wizcraft International Entertainment and Apra Group of Companies, owners of landmark properties such as 32nd Milestone and Galaxy Hotel and Spa.
More : littleabout.com
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Harish Chander Kharbanda retired from Hindustan Aeronautics Ltd in 1997 to his rented three-bedroom apartment in Gurgaon with his wife Indu, 63 and son.
But over the next 11 years, the 70-year-old Kharbanda grew increasingly tired of the water and power woes plaguing the upscale Delhi suburb.
Finally, in 2008, they moved into the Ashiana Group-promoted Ashiana Utsav, a retirement township in Bhiwadi, 70 km southwest of Delhi.
More : hindustantimes.com
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The two-day ET Realty Expo 2010 must have encouraged the exhibitors a lot as over 2,000 prospective buyers thronged Rajpath Club for the property show on Saturday, the inaugural day. “We are expecting twice as many visitors on Sunday,” said Anup Agrawal, an exhibitor at the event.
The expo offers a range of options in residential and commercial properties — flats, penthouses, farmhouses, weekend homes, open plot bungalows, offices and showrooms in and around Ahmedabad, besides other cities in Rajasthan, Maharashtra and Karnataka — available under one roof.
Apparently, the visitors were excited with what they saw at the show. The likes of Vinay Pradhan, who came in a group of 14 looking for property for investment purpose, expressed satisfaction at the options available. Around 20 visitors have already confirmed timings with our sales executives to visit the sites of our two projects next week. More such visits are expected to be confirmed on Sunday, said Jaxay Shah, managing director of a local realty firm.
More : timesofindia.indiatimes.com
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Over the last month, Vera Varghese, 65, has had brushes with a leopard and a python close to her hillside home in Goa’s Alto Dabolim village. She says she has never had such experiences before in the 10 years that she has lived here, and she doesn’t think it is coincidental.
Varghese and many others in the village blame the frequent leopard sightings in recent months on a massive real estate project promoted by DLF Ltd. This project is stripping what was once dense jungle. We have been asking the wildlife warden to set up traps for leopards seen in the village over the last two months, Varghese said.
Protests by villagers have prompted local authorities to ask DLF to stop hill-cutting operations until an inspection is completed. Local people, along with the environmental action group Goa Foundation, have challenged the project before the Goa Bench of the Bombay High Court.
More : indianexpress.com
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DLF has sold its 15-acre property in a posh Bangalore suburb after plunging footfalls and poor margins nixed the company’s for a large-scale mall in the locality. The firm sold the land in Whitefield, to NetApp India for Rs 120 crore.
“The firm has decided not to go ahead with the mall project. It had earlier planned to build a retail mall on this particular land parcel, but has now decided to hive it off,” said an official privy to the development.
The move once again highlights the Gurgaon-based company’s travails in the southern states. DLF has had a run in with the two states of Karnataka and Tamil Nadu where it announced projects in the heady days of 2006-07. The developer has pulled out of the Bidadi Knowledge City project, estimated to cost a whopping Rs 60,000 crore last year citing difficult market conditions. With the project failing to take off, the Karnataka government returned Rs 400 crore on May day last year to DLF.
More : economictimes.indiatimes.com
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Incorporated in 1986, Royal Orchid Hotels Limited (ROHL) operates 13 properties across seven destinations with 1,093 rooms across India along with its subsidiaries, joint ventures and associates. Of these, five properties are located in Bengaluru, two each in Mysore and Pune and one each in Jaipur, Goa, Hyderabad and Ahmedabad.
ROHL has properties of various categories across key business and leisure destinations to cater to a wide array of customers. Most properties of the company are categorized under four distinct brands viz. Hotel Royal Orchid (five star business hotels), Royal Orchid Central (four star business hotels), Royal Orchid Suites (four star extended stay hotels) and Royal Orchid Resorts (leisure hotels). In addition to this, it operates one property under the brand called Peppermint in Hyderabad and one under the international brand called ‘Ramada’ in Bengaluru.
The company has a distinct unique strategy and the emphasis is on low set-up cost through the combination of ownership and asset light properties (leased) leading to higher returns. The company covers all aspects of the hospitality industry like rooms, catering, restaurants, bars, etc and has a tie-up with Wyndham Hotel Group for Ramada brand of hotels.
More : stockmarketsreview.com
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Hospitality management firm Sarovar Hotels & Resorts on Tuesday said it will add 19 new properties to its portfolio across the country by 2010-end.
Sarovar Hotels also said it is in advanced stages of talks with an Africa-based hospitality company for a tie-up to open a chain of properties in religious destinations in India.
We will open 19 new properties across India by end of this year with a total inventory of around 2,000 rooms. Of these, 17 will be under the management contract system where investment will be made by property owners, while we will manage the properties and give our brand name, Sarovar Hotels & Resorts Managing Director Anil Madhok said.
More : beta.thehindu.com
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Realty major Ansal API today said it will invest around Rs 300 crore in setting up an industrial park at Ludhiana in Punjab.
The park to be set up on 45 acres of land is expected to be operational by early 2012.
We have already acquired the land and the project will take off soon. The initial investment of around Rs 300 crore will be entirely funded from internal accruals, Ansal API’s Chief Operating Officer Deepak Sachdeva told PTI here.
The park, Hampton Court Business Park, will only house eco-friendly industrial units from a range of sectors like IT, apparel, sports goods, auto, cycle and electrical goods.
More : business-standard.com
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