HOSPITALITY
ITC Hotels To Acquire 130-Key Welcomhotel Ahmedabad For ₹155 Cr
ITC Hotels Ltd has signed a definitive agreement to acquire 100% stake in GHK Hospitality and Infrastructures Ltd (GHK), which owns the 130-key Welcomhotel Ahmedabad. The acquisition will be completed at an enterprise value of ₹155 crore on a debt-free and cash-free basis through a combination of primary subscription and secondary purchase of GHK’s equity […]
CW Bureau
·
Jul 16, 2026
GENERAL
Nagpur Tops Emerging Luxury Real Estate Markets: Liases Foras Study
Liases Foras, an independent real estate research and analytics firm, has ranked Nagpur as India’s leading emerging luxury real estate investment market, ahead of Indore, Coimbatore, Ahmedabad and Lucknow. In its white paper, India’s Luxury Real Estate Evolution – Nagpur’s Emerging Luxury Opportunity, the firm assessed the five cities on infrastructure readiness, capital appreciation potential, […]
CW Bureau
·
Jul 2, 2026
BANKING & FINANCE
Wealth First Acquires 51% In Mumbai Wealth Firm, Targets ₹20,000 Cr AUM
Wealth First Portfolio Managers Ltd has acquired a 51% stake in Mumbai-based Wealth First Advisors Pvt. Ltd. (WFAPL) at an equity valuation of ₹102.15 crore, with a five-year target of more than doubling its assets under management (AUM) to around ₹20,000 crore. Ahmedabad-based Wealth First, India’s first listed independent financial advisor (IFA) practice, said the […]
CW Bureau
·
Jul 1, 2026
HOSPITALITY
Arvind SmartSpaces Signs JDA For ₹180 Cr Ahmedabad Housing Project
Arvind SmartSpaces Ltd (ASL) has signed a joint development agreement (JDA) for a residential horizontal development project on Kerala-Nalsarovar Road in South Ahmedabad, further strengthening its presence in the plotted development segment. The project has an estimated revenue potential of ₹180 crore and is spread across 58.25 acres with a saleable area of about 2.5 […]
CW Bureau
·
Jun 16, 2026
HOSPITALITY
Royal Orchid Opens Z By Regenta City Centre Ahmedabad Unit With 43 Keys
Royal Orchid Hotels Ltd. (ROHL) has strengthened its presence in Gujarat with the launch of the 43-room Z by Regenta City Centre Ahmedabad through its subsidiary Regenta Hotels Pvt. Ltd. The new property forms part of the hospitality group’s expansion strategy and is aimed at catering to business and leisure travellers visiting Ahmedabad, one of […]
CW Bureau
·
Jun 8, 2026
RETAIL/FMCG
Azorte Expands Retail Footprint With New Stores In Bengaluru, Ahmedabad
Reliance Retail Ventures Ltd’s premium fashion and lifestyle format Azorte has opened two new stores in Bengaluru and Ahmedabad as part of its expansion strategy across key fashion-focused markets in India. The company said the latest additions reinforce Azorte’s strategy of redefining contemporary retail through a combination of fashion, technology and community-led experiences. Technology-led retail […]
CW Bureau
·
May 27, 2026
