NBR Developers
Citiescities-arrow
  • more-arrow-down
    • Please wait while loading other cities loading...

A Big No—No to Delicensing By Hotel Segment

  • No. 1 Property Portal in India
  • Over 25 Lakhs Apartments and More
  • Post Free Residential Properties in India
  • Find Property in Bangalore
  • Buy/Sell/Rent Apartments in India
  • Search Latest Residential Property in India
  • Get Free Alerts on Property Requirements
  • Find Agents/Buyers for your Property
mobile-ad
The hospitality segment in India is one of the primary segments to recover from the economic recession. In most of the Metros, the people to people ratio who were visiting the hotels are said to increasing at a great pace. Mumbai, as usual will be always high at approx 66%. The complete removal of the license must be done to encourage the growth.
According to the sources at www.propertykhazana.com, as many as 105 licenses are essential to set up the hotels in Maharashtra and it will take up to approx 2 or 3 years to obtain the licenses. This will in the long run, lead to the rise in the project prices. Furthermore, according to President of Hotel and Restaurant Association of Western India, “The immediate plan is to reduce the licenses and to bring in a change in the system”.
The hoteliers need to run from pillar to post to obtain the clearance. The license will increase the rate of assets by approx 11 to 16 %. Most of the Hoteliers are very hopeful that due to the rise in the tourists from western world the turnaround will be good.
According to the sources saying at www.propertykhazana.com, the government has decided to improve the Floor Space Index (FSI) to 6 in all the leading hotels in Maharashtra. This is because of the fact that the population is growing at a faster rate and it is becoming very difficult to obtain the land at decent rates. The hospitality industry will be suffering due to the epidemics, terrorist attacks, economic slowdown and inflation. The industry also saw a massive 51% reduction in the recession time in the year 2008-2009. One the situation limps back to normal, the shortage will be about 1, 62,000 rooms in hotels. Please visit the website www.propertykhazana.com for more updates.
Source: NBTVLIVE

Property Listings

Apartments, Flats and Property for Sale in Mumbai

Jun 09, 2017
Sell residential flat :- 2 Bhk sell in new Panvel Area/965 Sqft Built up G+7 Bldg , 4floor, fully furnished room Parking, open space available..
Jun 03, 2017
3.5 big 1st floor 2 parking servant room with attached bathroom Poona..
Jun 02, 2017
Location :- Mauli Desire II opp. Utkarsha vidya mandir daftary road malad east * Bedroom :- 1BHK Apartments * Carpet area : - ,354 sq ft. *..
Jun 02, 2017
Location :- Hawahira Mahal, Mangal Baug, Near Western Express Highway, Pushpa Park, Malad East. * Bedroom :- 1BHK & 2BHK Flats * Carpet..
Jun 02, 2017
Property Detail of MAULI OMKAR - II............................." Location :- Triveni Nagar, Near Mauli Sapphire Bldg, Mallika Hotel,..
Jun 02, 2017
Location :- Ambewadi, Pushpa Park, Beside Western Express Highway, Malad East. * Bedroom :- 1BHK & 2BHK Apartments * Carpet area : - 359..
May 27, 2017
Project Details About the Project Live a plush city life in our sustainable, integrated township at the heart of Mumbai. Spread across 5 acres,..
May 15, 2017
2 x 1 BHK Jodi flats with hall wall sharing - call for more..
May 07, 2017
JK PROPERTY SAI SIDDHANT PALACE 1 BHK/ 2 BHK- ARE AVAILABLE READY POSESSION FLATS {15 MIN} WALKABLE DISTANCE FROM STATION . PER SQ.FT..
spacer

Apartments, Flats and Property for Rent in Mumbai

May 09, 2017
1BHK OF 225 in 24 floors tower, 3 lifts, open parking, 24/7 CCTV and security, only 5 min walking distance from cotton green station and 8 min..
Apr 17, 2017
Very good 2.5 bhk on rent on main Band Stand. full sea..
Mar 27, 2017
FULLY FURNISHED 5BHK FLAT AVAILABLE FOR RENT DIRECTLY FROM..
Jan 04, 2017
2 BHK FURNISHED APARTMENT AVAILABLE AT MALAD EAST, GOREGAON FILMCITY ROAD,MUMBAI. Rent 35,000 / - Security Deposit Rs.1,25.000/-. Interested..
Dec 03, 2016
PG accommd for 4 girls sharing at vakola pipeline santacruz east Mumbai India Rent 7000 call landlady 9768546430..
Sep 02, 2016
2 BHK SPACIOUS FLAT FOR RENT AT KHARGHAR – NAVI MUMBAI. # Location : Kharghar. # Sector : 18, (near to central park, golf course and ..
Aug 12, 2016
# Location : Kharghar , sector - 3 # Sector : 3 # Area : 635 sq ft # Rent : 10000 # Deposit : 40,000 # Parking : open # Balcony : balcony #..
spacer
spacer
spacer
spacer
spacer