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Leads | December 2012

Leads ( December 2012)

Up & Coming projects

Kochi-based Asten Realtors
What: Announced an integrated 6.5 acre township project with a built-up area of 1.4 mn sq ft.
When: To be commissioned in August 2015.
Where: Kakkanad, Kerala.
How Much: Investment of Rs 480 crore

Realty firm Avalon Group
What: Plans to develop a group housing project called 'Avalon Regal Court' with 800 housing units spread across the 12-acre land.
Where: Bhiwadi, Rajasthan.
How Much: Investment of Rs 200 crore.

French hotel firm Accor
What: Announced two 350-room hotels under its Novotel Brand.
Where: Dhaka and Chittagong in Bangaladesh.

Holiday Inn and Holiday Inn Express Hotels
What: Plan to open 38 new hotels.
When: In the next five years.
Where: Across the Middle East and India.

Singapore-based Banyan Tree Hotels
What: Has chosen Kerala for its Indian debut.
When: Likely to open next year.
Where: Private island of Nediyathuruthu in Alleppey district, Kerala.

Roots Corporation
What: Plans set up around 80 hotels.
When: In four years.
Where: Across the country.
How much: Investment of Rs 13.5 crore.

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