04/27/2006
Boom Of Commercial Property
Starwood has said, it would jointly develop three more Commercial properties at Rs 750 crore with Vatika Hospitality Pvt Ltd and introduce the Westin brand in India. Vatika Group's subsidiary, Vatika Hospitality would manage two new Westin properties, Westin Resorts, Sohna to be launched in December this year followed by another in Gurgaon by 2007.
Commenting on the venture, President, Starwood Hotels and Resorts, Asia Pacific, Miguel Ko said: "There are definitely tremendous growth opportunities for us in the gateway cities and relatively underdeveloped resort market." Citing recent research, Ko said India is the fastest growing market in the Asia-Pacific for international tourist spending, which has grown to 25 per cent in the last quarter of 2005. This growth is expected to accelerate significantly over the next few years.
Source:www.indiatimes.com
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04/20/2006
Property Investment in India
Noida might be better connected to Delhi.Indirapuram might be close to Connaught Place, and Faridabad to south Delhi. And Greater Noida might be the best-planned township in the country. Despite competition from these areas, Gurgaon continues to hold its own as the most attractive suburb within the NCR.
Reason::It has international standard office space that attracts big corporates; it has, or is developing, high-end condominiums to house corporate staff; it’s a BPO hub; and it also has the malls and pubs that offer a cosmopolitan lifestyle. Not surprisingly, Gurgaon has also led the field in property price appreciation. Over the past two years, real-estate prices have risen by 25-35 per cent annually.

Get More Information:: Real estate Gurgaon
Easy availability of housing finance and rising salaries within a fast growing economy have pushed up demand in the residential segment. Over the past couple of years a number of Indian and overseas companies have moved into Gurgaon. Furthermore, the easy availability of loans has spawned a class of investors who take loans to buy a second property as an investment. The affluent also buy here because they want a weekend home. All these factors have pushed up demand.
Source: http://www.expressestates.in/
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04/18/2006
REAL ESTATE BOOM IN GURGAON
I really want to invest in India because India faces the fastest growing economy phase and india is a country where investors invest like anything..................... This is the greatest hub and the most attractive point for the WORLD"S Largest Real Estate Giants. And I Believe by investing in India i'll get what I want!!!!!!!!!!!!!!!
But , the question arises where i should invest in India????????
I visited indiaground.com and it's really a fantastic site which helps to guide me where i should invest my precious money so that i'll get return of it.......
In India , many metros and non-metros are in the developing phase or some are developed like Delhi, Hyderabad, Mumbai. I believe i should invest my money at Gurgaon which is the most attractive point in terms of it's growth prospect.
Gurgaon is the place where I can get my Dream Home as well as I can also invest in commercial property.I am very excited to invest my property in Gurgaon.
It's really right time and right place for me to invest . I am sharing my feelings and suggesting you people to Think about it !!!!!!!!!!!!!!! Atleast Once!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Get More Information:
http://www.indianground.com/news.html
GURGAON::: THE BEAUTIFUL CITY




13:09 Posted in Blog | Permalink | Comments (0) | Email this
04/04/2006
DLF wants Hilton for hotel foray
Siddharth Zarabi & Nayantara Rai / New Delhi April 4, 2006
Talks with Hilton centered around setting up business hotels across the country.
The DLF group, India's largest real estate developer, is learnt to be in talks with Hilton International for a foray into the hospitality sector. DLF had acquired a 1.24-acre hotel site for Rs 97 crore in the Rohini district centre from the Delhi Development Authority last month.
Sources close to the development told Business Standard that the talks with Hilton were centered around setting up business hotels at various locations across the country.
When contacted, a DLF spokesperson said, “We are open to exploring new ventures in the area of speciality projects, including the hospitality sector. As of now, there is nothing in the pipeline to confirm or discuss.”
Company sources confirmed the Rohini land acquisition through a group entity, Breeze Construction. DLF is permitted to have a maximum built-up area of 20,516 sq metres at the site and given the location, it is likely to be a business hotel.
Unlisted DLF, promoted by KP Singh (ranked 114th in the recent Forbes list of billionaires with a net worth of $5 billion), has construction activity spread over 100 million sq ft in a dozen cities. It has lined up development plans for over 1,000 acres every year.
In Gurgaon, DLF is planning projects in phases which may cover a total of 10,000 acres at a projected investment of well over Rs 1,000 crore.
Source: http://www.business-standard.com
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