India’s government expects economic growth to slow for the first time in three years, as higher interest rates cool consumer demand for homes, motorcycles and electric appliances. Asia’s third-largest economy is forecast to expand 8.7 percent in the 12 months to March 31, the weakest pace since 2005, the statistics office said in a release […]

It was a realty blitz that took the city by storm. But the euphoria has not translated into bookings. Pick-up for all the three major players, Parsvnath, Emaar MGF and Uppal’s, which have already started bookings for their housing projects, has been slow and they still have to reach the 60 per cent bookings benchmark […]

Gurgaon-based Vipul Infrastructure Group is set to board the hospitality train. The company’s hotels division, Vipul Hospitality, has signed a memorandum of understanding with leading operator Sarovar Hotels and Resorts to open five new hotels, to start with.Punit Beriwala, managing director of Vipul Hospitality was not available for a comment. Company officials, though, said the […]