IHCL Announces Grand Taj Hotel Venture in Indore: A Milestone in Central India’s Hospitality Landscape
In a move set to redefine luxury hospitality in Central India, the Indian Hotels Company Limited (IHCL) has unveiled plans for a Taj hotel in the vibrant city of Indore, Madhya Pradesh. This landmark announcement signals IHCL’s strategic expansion into key business and leisure destinations across the country. Suma Venkatesh, IHCL’s Executive Vice President for […]
15 metro coaches parked at Gandhinagar depot… pace of work also increased
At present, work on the metro project is progressing on the 5.5 kilometer long priority corridor. Recently, Dilip Buildcon also launched the steel girder over the railway line, on which the tracks will also be laid by laying slabs. At the same time, 15 coaches have also reached the under construction depot in Gandhi Nagar, […]
Office Leasing in Major Cities Rises, Tenures Get Longer Too
AVERAGE LEASE TERM NOW AT 62 MONTHS IN OVER A YEAR. Mumbai: Demand momentum is intensifying for office spaces across key property markets with both leasing tenures and volumes setting new standards, reflecting the growing confidence of occupiers in India’s growth story. The longer tenure of leases is al- so an indication of leading multi- […]
Realty Developer Signature Global Eyes ₹10k crore Pre-sale in FY25
Plans 3 launches spread across 8-10 million sq ft New Delhi: Realty developer Sig- nature Global is expected to reach 10,000 crore pre-sale in 2024-25 as it has planned 3 launches spread across 8-10 million sq ft. The company has already exceeded its guidance of ₹4,500 crore this financial year as it generated 73,600 crore […]
Retail stores opening online brands
New Trend • Up to 33 percent of sales of direct-to-consumer companies are now offline. Mumbai Online retailing companies, which have flourished rapidly in the country, are now opening offline stores. Even direct-to-consumer (D2C) brands are opening retail stores that just got their start on the internet. Beauty retailer Nykaa, eyewear retailer Lenskart, wearables brand […]
Realty Firm Macrotech Launches QIP to Raise over ₹3,000 crore
The company, earlier known as Lodha, is expected to use the funds to support growth plans. Mumbai: Realty developer Lodha, listed as Macrotech Developers, is looking to raise $400 million or over 3,316 crore with an issue of equity share sale through qualified institutional placement (QIP), said persons with direct knowledge of the development. The […]
All four flyovers including Khajrana, Bhanwar Kuan will be ready this year.
Work is going on day and night on the side, the authority has also started the work of double decker at Luv-Kush intersection. • Indore. The city will get the gift of flyovers at four major and busy intersections this year, because the work of these flyovers being built by Indore Development Authority is going […]
Mahindra Lifespaces Looking to Build ₹45k-cr Biz Pipeline
Realty firm targets a 5-fold increase in pre-sales in next 5 years, says top exec Mumbai: Mahindra Lifespace Developers, the real estate and infrastructure development business of the Mahindra Group, is looking to build a pipeline of pro- jects with a development value of over 45,000 crore as part of its strategy to achieve five-fold […]
Work started on planning of fourth IT park, the hotel being built in the third will also be big.
Earlier a hotel of 60 rooms was to be built in the third IT park, now there will be more than 100 rooms. Two parks are already ready in the city’s IT Park located on Khandwa Road. Companies have also started work in them. Construction work for the third IT park is underway. A major […]
Excavation begins for underbridge at MR-10 junction
Service roads on both sides dug, road will be built for Indore-Raghogarh highway. Indore. The work of Shree Layer flyover project at MR-10 junction located by bypass is progressing rapidly. Excavation has started to build the lowest part of the flyover. This underground route is being built to connect Indore-Raghagarh Highway with MR-10. The target […]
