Minimalist Hotels Plans 20 New Properties in Two Years
Minimalist Hotels has announced plans to expand its presence by launching 20 new properties over the next two years. The lifestyle hospitality brand aims to raise Rs 200 million to fund this phase of growth, with a focus on culturally rich and high-potential destinations such as Varanasi, NCR, Rajasthan, Goa, Mumbai, Uttarakhand, and Chandigarh.This strategic expansion comes amid a positive outlook for the Indian hotel industry, which is projected to grow from USD 15.67 billion in 2024 to USD 22.41 billion by 2030, at a compound annual growth rate (CAGR) of 9.32 per cent. Boutique and mid-scal..
MahaRERA Crosses 50,000 Housing Projects Milestone
Marking its seventh anniversary, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has registered over 50,000 housing projects, becoming the only state in India to reach this milestone. Maharashtra now accounts for more than 35 per cent of all residential projects registered under RERA across the country.According to data from the Ministry of Housing and Urban Affairs, India has a total of 144,617 housing projects registered with RERA bodies. Maharashtra leads with 50,162 projects, followed by Tamil Nadu with 27,609 and Gujarat with 15,322.Manoj Saunik, Chairman of MahaRERA, stated, ..
West Bengal Prepares Plots in Kharagpur for New Industries
The West Bengal government is preparing approximately 7.09 acres of land at the Kharagpur General Industrial Park in West Midnapore for industrial allotments. The West Bengal Industrial Development Corporation Limited (WBIDC) has invited quotations for conducting a detailed land survey to demarcate plots on the designated land, which forms part of the larger 205.65-acre Kharagpur Industrial Park.The selected survey agency will develop a site plan and bird’s-eye view of the land using information provided by WBIDC. The survey will also involve superimposing the data on the mouza map of the ar..
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