Haryana is often portrayed as a model industrial state due to the emergence of its new urban centres like Sonepat, Gurgaon, Faridabad and Panchkula. Rapid industrialisation and easier land acquisition has made this state a favourite investment
Indian hospitality sector, after battling low occupancies and poor room rates in the recent years, seems set for rejuvenation with high hopes from the new government. SHRIYAL SETHUMADHAVAN explores solutions for the industry and suggestions for the policy makers.
The commercial real estate office segment in India is primarily a leasing market. Although Indian firms have traditionally preferred to purchase office properties for their own businesses, multi-national entities in the country typically prefer to lease office space.
GURJOT BHATIA, Managing Director-Project Management in India, CBRE South Asia Pvt Ltd, sees smart cities as the long-term solution to urban development woes. India is the seventh largest country by geographical area, and the second most populous with over 1.2 billion people.
How long is the long road to profitability in smaller hospitality markets in India? CW PROPERTY TODAY attempts to find some answers. ¨Demand for hotels in Tier-II and Tier-III cities has been very limited so far
While the Narendra Modi Government has been instrumental in bringing in the ´feel-good wave´, the 2014 Budget did not prove to be a harbinger of positive news. Provisions of the carry-forward Budget included support for renewal of infrastructure
Clarity on long-term opportunities is vital for hospitality real-estate success. India is on the move. Inbound and domestic tourism is booming. Business travel is picking up. And travellers are looking for places to stay. It all spells sunshine for the hotel industry.