Speculation high because of low number of end-users, says study.
An investment of Rs 61,000 crore will be needed to overcome hotel room shortage in the country.
The 10 ITC Hotels branded as Sheraton at present were expected to be re-branded as Luxury Collection soon, sources in the know said.
An interview with ESPN Software (India) Pvt Ltd's Managing Ddirector R C Venkateish.
The world's leading funds and financial institutions have invested in Unitech Corporate Parks Plc, the company that the Unitech Group floated last week at the London Alternative Investment Market.
In a move to promote more efficient use of land, the Union government is planning to persuade states to enact legislation for ownership of apartments.
Ahead of the 2010 Commonwealth Games and the shortage of hotel rooms in the national capital region, Noida is clearly beating Delhi in wooing the country's leading hotel chains by offering land at rock bottom industrial rates.
Tesco has admitted that its plan to be the first multinational supermarket retailer in India has unravelled.
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