Tag: real estate

SmartOwner strengthens offering, announces launch of Ultra-luxury apartments in Bangalore

SmartOwner, Asia’s fastest-growing real estate investment marketplace, today announced plans to strengthen and expand its offerings in the ultra-luxury home segment, to cater to growing demand for large spacious homes. SmartOwner announced its foray into the ultra-luxury home segment with the launch of The Treeline, limited-edition, ultra-luxury apartments in Jakkur plantation in Bangalore, by its development management wing Prime One Corp. The Treeline is an addition to SmartOwner’s two other ongoing projects – Centreo on Kanakapura Road and Beverly Woods, off Sarjapur Road, in the luxury apartment and villa segments, respectively. Blue-printed by Jeff Kiser, an acclaimed US based architect, ... Read more

India’s hospitality industry witnesses decline of 52.8% in RevPAR during the first three quarters of 2020: JLL

India’s hospitality industry witnesses decline of 52.8% in RevPAR during the first three quarters of 2020: JLL All key 11 markets in India reported a significant decline in RevPAR Performance in Q3 2020 Y-o-Y Mumbai continues to be the RevPAR leader in absolute terms, despite the decline of RevPAR by 71.7% in Q3 2020 compared to Q3 2019 Bengaluru saw the sharpest decline in RevPAR in Q3 2020, with 88.1% decline compared to the same period in the previous year India’s hospitality industry has witnessed decline of 52.8% in Revenue Per Available Room (RevPAR) during January to September (YTD Sept) ... Read more