11 Sep 2025

Forum Malls, part of Prestige Group, is set to nearly double its presence in India by opening 14 new shopping centres across major cities by 2029. The company is focusing on metropolitan areas where consumer spending power and interest in branded retail are strong, while tier-II cities show limited appetite for premium offerings. Plans include India's first athleisure-focused mall near Bengaluru. The expansion aligns with the festive season, which contributes significantly to revenue, and the company expects higher footfall following recent consumer tax cuts. Bengaluru remains its core and competitive market.Read more

11 Sep 2025

The Madhya Pradesh Tourism Board was recognised as the Best State Tourism Board at the India Travel Awards 2025 in New Delhi, an event attended by national tourism leaders. The accolade highlighted the state's innovation, sustainability efforts, and cultural promotion. Senior officials noted that the award reflected a collective vision to position Madhya Pradesh as a global tourism hub, strengthening local economies, heritage conservation, and employment generation.Read more

09 Sep 2025

Indian Hotels Company Ltd (IHCL) has signed an agreement for a new 64-room brownfield hotel in Pahalgam, Jammu and Kashmir, under the Gateway brand. The project is being developed with Riaz Ahmad Panjra as a partner. The addition will raise IHCL's total count in the region to seven hotels, including one still under development. Positioned in one of Kashmir's most popular tourist towns, the upcoming hotel will feature a mix of leisure, wellness, and dining facilities. The move fits into IHCL's plan to expand in tourism-driven destinations across India.Read more

09 Sep 2025

The Delhi Development Authority has announced plans to license a 2.5-acre plot in Dwarka's Sector 23 for the development of a five-star hotel. The land will be offered on a 55-year licence, requiring the selected developer to finance, build and operate a 200-room property. The scheme allows a floor-area ratio of 375 and 40% ground coverage, alongside exclusive access provisions to the adjoining DDA golf course.Read more

08 Sep 2025

Retail leasing across shopping malls and high streets in Delhi-NCR registered strong growth in the first half of this year, supported by higher demand and fresh supply. Data from CBRE indicated that leasing volumes rose significantly compared to the same period last year, led by fashion and apparel brands, followed by homeware and departmental stores. Industry stakeholders remarked that retail is evolving beyond transactional activity, becoming experience-driven, with developers highlighting the resilience of the sector and the rising demand for Grade A spaces across prime and emerging markets.Read more

07 Sep 2025

Saya Group has applied for the Occupancy Certificate for its flagship high-street retail development, Saya Piazza, situated at Jaypee Greens, Sector 131, along the Noida Expressway. Spread across approximately 2 lakh sq. ft., the project blends retail, dining, and leisure experiences. With marquee names such as Ministry of Beer and LOOKS Salon confirmed, the development is nearing completion and promises to offer high-value investment opportunities with limited units remaining.Read more

04 Sep 2025

IHCL has partnered with Omaxe Limited to develop a 158-key Gateway hotel in Dwarka, New Delhi, under a public-private partnership with the Delhi Development Authority. The hotel, expected to be completed by 2027, will include sporting facilities and a premium lifestyle experience. Its location near India's largest convention centre and the upcoming international cricket stadium is likely to drive strong demand. The project builds on IHCL's prior expansions in major cities and reflects its strategy to grow in high-potential urban areas. The partnership with Omaxe reinforces the hotel's expected international-standard offerings.Read more

03 Sep 2025

IHG Hotels & Resorts announced that it had entered into a management agreement with Hotel Chetan International to develop two new properties in Bengaluru's KIADB Aerospace Park. The hotels, comprising a Crowne Plaza and a Holiday Inn Express, will collectively add more than 420 keys to India's hospitality market when they open in the first quarter of 2028. The development underscores the group's focus on strengthening its presence in India, where it already operates 51 hotels and maintains a substantial pipeline of new projects.Read more

02 Sep 2025

Tathastu Realty announced plans to invest INR 200 crore in developing a six-acre high-street commercial project named 'Swarnim' in Rewari, Haryana. The development will feature 1,200 retail shops. Expected sales realisation is around INR 400 crore. The project will be fully funded through internal accruals and customer advances, with possession targeted for 2029.Read more

02 Sep 2025

Star Localmart, the retail arm of Sanjay Ghodawat Group, has acquired Bengaluru-based DusMinute, a gated community retail chain, for an undisclosed amount. The deal adds 40 outlets to its network, boosting its footprint to 170 stores, making it the largest regional retail player in Karnataka. The company, already eyeing revenue of INR 5,000 crore in the next five years, has plans to scale up to 3,000 stores by 2030 across multiple states.Read more