ASK Property Fund, India Sotheby’s International Realty Launch Real Estate Investment Fund

IHCL, Uttarakhand Govt Tie Up For Hospitality Skill Centre

Indian Hotels Company (IHCL) has signed a Memorandum of Understanding (MoU) with SETU Aayog, Government of Uttarakhand, to set up a hospitality skill-training centre in Nainital. This initiative aligns with IHCL’s ESG+ framework, Paathya, and aims to provide industry-relevant training to local youth.“This upcoming skill centre will empower the region’s youth with industry-relevant training, encouraging inclusive growth while contributing to India’s travel and tourism economy,” said Gaurav Pokhariyal, Executive Vice President, IHCL.Developed in partnership with Tata STRIVE, Kumaun Uni..

Delhi Explores Dharavi Model to Tackle Slum Crisis

Delhi Chief Minister Rekha Gupta is considering Mumbai’s Dharavi redevelopment model to address the housing needs of 50 lakh slum dwellers across over 675 clusters.The Dharavi plan involves multi-storey housing and upgraded civic facilities but hinges on large contiguous land parcels—something Delhi lacks. Experts argue Delhi’s slums are fragmented, with fewer households per site.Activists stress in-situ upgrades and services like water, electricity, and sanitation over relocation. They warn of private developer-led projects prioritising profits. Alternatives like rental housing and micr..

Signature Global Launches Rs 2,200 Cr Gurugram Housing Project

Real estate firm Signature Global will invest Rs 2,200 crore in its new luxury housing project 'Cloverdale' in Sector 71, Gurugram. The project includes 770 apartments on the Southern Peripheral Road.Signature Global achieved Rs 10,290 crore in pre-sales last fiscal and targets Rs 12,500 crore this year. The new development, spanning 8 acres, offers homes priced between Rs 4 crore and Rs 7 crore, with completion expected by 2031.Chairman Pradeep Kumar Aggarwal highlighted strong housing demand in Gurugram. The company plans to invest Rs 4,000 crore this fiscal year in land acquisition and cons..