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CEEBROS HOTELS
Lady signs POA with land owner, builds flats on land and sells, claims Rs 13 crore tax deduction, I-T dept sends notice; She fights back and wins in HCThe Madras High Court has ruled that taxpayers can claim deductions under Section 80-IB without owning the land. This decision supports a p...- Viceroy Hotels to exit Bangalore project“The developer has been unable to fund the project due to lack of resources and inability to follow through on the project investment timel...
- Hotels turn into residential or commercial properties due to oversupply & high financing costsOversupply and high financing costs are forcing developers in many cities to convert projects into residential or commercial properties.
- Vijay Mahtaney looks for a buyer for the super pricey Boat Club propertyBusinessman Vijay Mahtaney is looking for a buyer for his over nine grounds (one ground is 2,400 sq ft) of property in Chennai’s Boat Club ...
- Vijay Mahtaney to sell Park Hyatt hotel: SourceMahtaney, best known for his closely-held textile business Ambattur Clothing later diversified into the business of building hotels and IT ...
- India Inc's M&A deals down 21% in May; down 66% so far this yearDuring May, there were 42 M&A transactions worth $ 1,304 mn, registering a decline of 21.49% from the year-ago period.
- Viceroy Hotels plans to sell its Chennai project to Ceebros Hotels for Rs 480 croreCeebros Hotels, incorporated in 1980, is a diversified business group with interests in real estate, hospitality and power generation and r...
- S Chand & Co to sell Chennai hotelS Chand & Co is close to selling its Chennai hotel property, Atlantic Hotels, to CEEBROS Property Development for about Rs 180 crore.
- Ceebros to expand realty, hospitality bizChennai-based Ceebros group, which is into property development since 1970, plans to expand its interest in realty as well as hospitality.
- Sea change in Chennai metro hospitality corridorsThe hospitality map of Chennai is witnessing a paradigm shift with action shifting from the arterial Mount Road and the airport to upcoming...
- Radisson to add new 162-room hotel in ChennaiRadisson Hotels is on an expansion drive in Chennai with a new 162-room hotel project, even as it plans to raise its inventory in its exist...
- Realty players hop on to hospitality businessClose on the heels of major players such as DLF, Unitech, and Puravankara, city-based developers are also diversifying into the hospitality...
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