India's dream to host the Formula One Grand Prix is finally coming true. The F1 GP circuit that is being developed under the leadership of Jaiprakash Gaur, Chairman, Jaypee Group of companies, is fast nearing completion.
Larsen & Toubro (L&T), the $14.3-billion engineering-construction-manufacturing-financial services global giant and India´s largest construction organisation, does not need any introduction. And it is no surprise that L&T Realty - a 100-per cent
People ask, 'Why is it that global brands are successful the world over?' It's simple really; they offer long-term value for money based on a company's culture that revolves around innovation, quality and customer value.
From the real estate sector's perspective, there are many aspects that the Union Budget should address this year. One of the foremost is further reducing the bureaucratic red tape involved in project development. Expedited clearances for a larger segment of residential projects will be a key for reducing project delays.
Global hospitality major Carlson Rezidor Hotel Group plans to open over 50 hotels under it´s mid-scale brand, Park Inn by Radisson in next 10 years. The chain, with 73 operational hotels, and has 37 hotels in various stages of development and will majorly focus on mid-scale hotels under management contract.
The Park Hotel Group’s 280-room flagship hotel to be unveiled in March 2010 in Hyderabad is not just a blend of contemporary and vernacular architectural traditions but also aims to be the first LEED-Gold certified hotel in India.