Axis Blues News Today

With end users wishing to acquire property and existing owners upgrading, developers nationwide have observed an increase in demand throughout the holiday season, particularly in tier 2 cities and vacation locations. New locations such as Panchkula, Meerut, Karnal, and Panipat are seeing a sharp increase in demand for residential real estate.

Vikram Puri, the MD of Archer Hospitality, the proprietor of The Astor Kolkata, is set to expand the Astor brand, after more than two decades of overseeing a single hotel property.

Archer Hospitalitys Managing Director, Vikram Puri , has recently acquired an all-suite hotel in Goa from Sun Estates for...

Developers from Delhi-NCR are increasingly investing in Goa due to rising demand for second homes and commercial spaces. DLF, Axon, Sabh Infra, Veera group, and others have announced or are in the process of announcing projects in the tourist destination.

Panaji (Goa) [India], November 7 (ANI/PNN): According to international real estate consultant Savills, Goa has become a favourite location for people looking to purchase a second home because of its high rental yields. The report also adds that this rental yield ranges from 4 to 10 per cent. Goa is known for its pristine beaches, party vibe, nightlife, local markets and food. While many are drawn to Goa for these reasons, there are others who are now flocking to the state seeking tranquillity an...

Panjim (Goa) [India], September 10 (ANI/PNN): The much-awaited MOPA project is expected to be operational soon. It is one of the region's most anticipated projects, and rightly so. T` current airport in Goa has been undeserving the region. It does not have the requisite infrastructure nor scalability. With the MOPA airport, these problems will soon be a thing of the past. Analysts are expecting an influx of tourists to the entire Konkan belt. The result will be an overall development of the ...

Indias retirement and second home market segment is expected to grow annually by 23.63 per cent in the next 5 years taking the size of the market to USD 4.021 billion by 2026 from the current size of around USD 1.4 billion, an industry report showed.