HOSPITALITY Raymond Realty Q1 Pre-Sales Soar 129% To ₹700 Cr, Reaffirms Outlook

Raymond Realty reported a strong operational performance for the first quarter of FY27, with pre-sales surging 129% year-on-year to ₹700 crore, despite not launching any new residential projects during the quarter. The real estate developer said the robust growth, compared with ₹306 crore in Q1 FY26, was driven by sustained demand for its premium residential […]

CW Bureau · Jul 3, 2026

HOSPITALITY Godrej Properties Secures Noida Land For ₹332 Cr, Plans ₹2,000-Cr Project

Leading real estate developer Godrej Properties Ltd (GPL) has emerged as the highest bidder for a 4.95-acre residential land parcel in Sector 151, Noida, strengthening its presence in the National Capital Region (NCR). The company acquired the land parcel for ₹331.75 crore through an e-auction conducted by the New Okhla Industrial Development Authority (NOIDA). The […]

CW Bureau · Jul 1, 2026

HOSPITALITY Lemon Tree Hotels Debuts Keys Lite Brand In Ajmer With 31 Rooms

Lemon Tree Hotels Ltd, one of India’s leading hospitality chains, has opened Keys Lite by Lemon Tree Hotels in Ajmer, marking the brand’s debut in the historic city. The opening takes the group’s operational portfolio in Rajasthan to 14 hotels, with another nine properties under development across the state. Phased launch The 31-room hotel is […]

CW Bureau · Jun 30, 2026

HOSPITALITY Mahindra Lifespaces Eyes 75% Sales From Sustenance Projects In 5 Years

Mahindra Lifespaces Developers Ltd expects a healthy pipeline of launches over the next five years while increasing the contribution of sustenance projects to overall sales, said its Managing Director & CEO Amit Kumar Sinha. “Our goal is to increase sales from sustenance projects. This year, 60% of our sales came from new launches and 40% […]

CW Bureau · Jun 30, 2026

HOSPITALITY Karyan Group Begins Work On ₹900-Cr Residential Project In Ghaziabad

NCR-based Karyan Group has performed the Bhoomi Poojan for its recently launched luxury residential project, Trevana Residences, on NH-24 opposite Wave City in Ghaziabad, marking the formal commencement of construction. The company is investing ₹900 crore in the project and expects to generate nearly ₹1,500 crore in revenue, driven by rising demand for premium housing […]

CW Bureau · Jun 30, 2026

HOSPITALITY Godrej Properties Acquires 47-Acre Chennai Land With ₹500 Cr Potential

Leading real estate developer Godrej Properties Ltd (GPL) has acquired a 47-acre land parcel through an outright purchase in South Chennai, strengthening its presence in one of the city’s fastest-growing residential micro markets. The land parcel is located off Old Mahabalipuram Road (OMR), a key growth corridor in South Chennai. The proposed development will primarily […]

CW Bureau · Jun 30, 2026

HOSPITALITY Housing Sales Fall 6% In Q2 On West Asia Conflict, Supply Chain Hurdles

Persistent uncertainty arising from the West Asia conflict and the resulting supply chain disruptions dampened India’s residential real estate market in the second quarter of 2026, with housing sales across the top seven cities declining 6% year-on-year, according to Anarock Research. Approximately 90,715 housing units were sold during April-June 2026, compared with around 96,285 units […]

CW Bureau · Jun 29, 2026

HOSPITALITY Puravankara Signs Deal For 6.4-Acre Bengaluru Project With ₹1,000 Cr GDV

Real estate developer Puravankara Ltd has signed a joint development agreement (JDA) for a 6.4-acre land parcel in Sarjapur, Bengaluru, with an estimated gross development value (GDV) of around ₹1,000 crore. The project, with a saleable area of approximately 0.8 million sq ft, will be developed as a residential community to cater to the growing […]

CW Bureau · Jun 29, 2026

HOSPITALITY Athulya Opens Maiden & Exclusive Geriatric Hospital In Chennai

Athulya Senior Care, India’s largest senior care operator, has opened its first exclusive hospital for senior citizens in Chennai, strengthening its integrated elder care ecosystem spanning hospital care, assisted living and home care. The 60-bed Athulya Geriatric Care Hospital at Valasaravakkam was inaugurated by Tamil Nadu Governor Rajendra Viswanath Arlekar. The facility offers specialised geriatric […]

CW Bureau · Jun 28, 2026

HOSPITALITY Embassy Signs Deal For Commercial Real Estate Project In Lucknow

Embassy Developments Ltd has signed a non-binding Memorandum of Understanding (MoU) with the Uttar Pradesh Government under the Invest UP framework for a proposed large-scale commercial development in Lucknow. The proposed project envisages the development of 2.5 million to 3 million sq. ft. of commercial real estate with an estimated investment of ₹1,500 crore. Focus […]

CW Bureau · Jun 24, 2026

HOSPITALITY Hilton Launches Spark Brand In India With Bengaluru And Goa Properties

Hilton has launched its premium economy brand, Spark by Hilton, in India with the opening of properties in Bengaluru and Goa, marking the brand’s debut in the Asia Pacific region. The launch follows Hilton’s strategic partnership with Olive Hospitality to develop 150 Spark by Hilton hotels across India, underscoring the global hospitality company’s focus on […]

CW Bureau · Jun 24, 2026

HOSPITALITY IHCL Signs 30-Key Tree Of Life Resort At Chilika Lake, Marks Odisha Debut

Indian Hotels Company (IHCL), India’s largest hospitality company, has announced the signing of a Tree of Life resort at Chilika Lake, Odisha. The greenfield project marks the brand’s entry into the state. Focus on experiential destinations IHCL Executive Vice President – Real Estate & Development Suma Venkatesh said, “The rising preference for nature-led, lesser-explored destinations […]

CW Bureau · Jun 23, 2026