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Demand from tier 2, 3 cities spurs surge in greenfield hotel investments in India The Indian hospitality industry has ramped up investments in greenfield hotel development, driven by the demand coming from tier 2 and 3 cities amid rising disposable incomes and overall economic growth.  In the first half of this year, greenfield hotel investments in the country rebounded to pre-Covid levels, as per latest data from HVS Anarock. Greenfield developments accounted for nearly 48 per cent of hotel brand signings by keys, surging to 53 per cent in early 2024. The gr...
Demand from tier 2, 3 cities spurs surge in greenfield hotel investments in India
Demand from tier 2, 3 cities spurs surge in greenfield hotel investments in India
Source: IANS
2024-09-24 08:38:32 am
M3M posts 37 pc jump in Q1 sales as housing demand firms up Real estate company M3M India has reported a 37 per cent increase in sales of residential and commercial properties in the April-June quarter to Rs 3,911 crore on the back of higher demand for residential property.  Its sales bookings stood at Rs 2,854 crore in the same period last year. The company said in a statement that out of total sales bookings in the April-June period of the current financial year, Rs 2,972 crore pertained to the housing segment and Rs 940 crore to commerci...
M3M posts 37 pc jump in Q1 sales as housing demand firms up
M3M posts 37 pc jump in Q1 sales as housing demand firms up
Source: IANS
2024-08-24 03:11:26 pm
M3M posts 37 pc jump in Q1 sales as housing demand firms up Real estate company M3M India has reported a 37 per cent increase in sales of residential and commercial properties in the April-June quarter to Rs 3,911 crore on the back of higher demand for residential property.  Its sales bookings stood at Rs 2,854 crore in the same period last year. The company said in a statement that out of total sales bookings in the April-June period of the current financial year, Rs 2,972 crore pertained to the housing segment and Rs 940 crore to commerci...
M3M posts 37 pc jump in Q1 sales as housing demand firms up
M3M posts 37 pc jump in Q1 sales as housing demand firms up
Source: IANS
2024-08-24 02:21:15 pm
Q3 2023 Housing Sales at All-time High - Over 1.20L Units Sold in Top 7 Cities, Up 36% Y-o-Y The Indian residential property segment remained unstoppable in Q3 2023, despite the usually slow monsoon quarter. Latest ANAROCK Research data shows that Q3 2023 saw housing sales across the top 7 cities create another new peak with approx. 1,20,280 units sold, against approx. 88,230 units in Q3 2022. This denotes a staggering 36% annual sales growth. "Among the top 7 cities, MMR recorded the highest housing sales of approx. 38,500 units, followed by Pune with approx. 22,880 units,...
Q3 2023 Housing Sales at All-time High - Over 1.20L Units Sold in Top 7 Cities, Up 36% Y-o-Y
Q3 2023 Housing Sales at All-time High - Over 1.20L Units Sold in Top 7 Cities, Up 36% Y-o-Y
Source: PR Agency
2023-09-28 05:16:49 pm