The real estate arm of the diversified Emami Group has targeted retiring its long-term debt by 2023-24, which is now pegged at Rs 118 crore, a top company official said
Roseate Hotels & Resorts, which has six hospitality projects in India and the UK, on Sunday said it has forayed into the co-working business with the setting up of its first premium centre in its hotel at Aerocity here. The company has opened its first co-working centre, which is spread over 30,000 sq ft and comprises over 100 desks, at its hotel 'Roseate House' in Aerocity here. The price per desk starts from Rs 60,000 per month. The centre 'Upstage Club' was inaugurated by Amitabh Kant, CEO of Niti Aayog, the company said in a statement. "It is an innovative concept and will encourage more hotels to follow suit. It is a great space for entrepreneurs and will have a multiplier effect for startups," Kant said. Bird group ED Ankur Bhatia said, "This space will help people run their businesses efficiently. It offers a convenient location near the airport and facilities that no co-working space offers in India till now." Bird group owns and operates all the six hotels. It is also ..
As per the proposal, both projects will be developed in the Gateway district of Aerocity, Indira Gandhi International Airport
Experts believe its close proximity to Gurgaon, South Delhi and Dwarka makes it an ideal commercial hub