Monday, March 23, 2009
Cheapest property in Pune
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Indian second largest property developer, Unitech is putting on sale its budget hotel in Gurgaon, Courtyard by Marriot for an expected 300 crore rupees. Though it is not clear who the buyer would be, the company is selling this hotel and many of its commercial and official properties to pay up a debt. Of late Gurgaon along with the other NCRs have emerged as one of the most economically and infrastructure wise developed city of the country. The availability of land has also contributed much towards this development. Hotels in Gurgaon have coincided with the increase in the number of multinational companies and the corresponding boom in the number of ITC hotels in Gurgaon to the city. Its close proximity to the National and the International Airports and the fact that it is adjoined to the National Capital also acts to its advantage. The big names from the hospitality industry have shown interest in setting up luxury as well as the business hotels in Gurgaon that meets the international standards of hospitality
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