 |
 |
-
Real Estate India
-
Explore Inside Pages
-
News by Month
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
DLF to raise money from sale of eight Hotel Plots
| April 8, 2009 |  (Be the first to rate this story!) Loading ... |
The country’s largest real estate developer DLF expects to raise around Rs 900 crore in the next three months by selling at least eight hotel plots across the country, a senior company executive said.
The real estate major is talking to several hotel companies, including ITC, Accor, Hyatt, Park Hotels, and buyout fund Duet Group for sale of these plots, he added, refusing to be identified. Plots on the block are located in Mumbai, Kolkata, Bangalore, Gurgaon, Baroda, Lucknow, Kasauli (Himachal Pradesh) and Sikkim.
“We are in advanced stage of negotiations with several hotel chains to sell 8-9 land parcels that were marked for hotel projects. We have necessary government approvals in place, but don’t intend to build hotels there immediately,” he said.
News Published Under: Real Estate India, Real Estate Developers, Hotel Industry in India |
|
Add to Favourite:
:
|
Related News:
