Maintenance charges at The Imperial, at Tardeo in south Mumbai, for instance, is as high as Rs 1.5 lakh a month for a 10k sq ft apartment.
DLF has now decided to outsource the management of all its properties to third-party property management firms.
The off-screen drama has unfolded in the backdrop of Cinepolis' plans to expand its business in India. It plans to increase its screens from 53 now to 100.
Businesses hired more office space in the first quarter of 2013 compared with a year ago, according to property consultant CBRE.
HC asked NDMC to respond to Tata Group's plea seeking to restrain it from auctioning the property on which Taj Mansingh Hotel is located here.
IPL striking gold on social media platforms like Twitter, Google+ & Youtube with corporate advertisers
While Pepsi has tied up with Twitter to allow viewers to play cricket on the social media platform, Google + is doing special Hangout sessions.
Atleast 74 people were killed when an illegally constructed sevenstorey building came down like a pack of cards last week in Thane, near Mumbai.
The injunction claims that the land for the hotel was contributed by NDMC as its share of capital investment in the project.
Definite agreement has been signed between the company's wholly-owned subsidiary DLF Home Developers Ltd DHDL and Tulip Renewable Powertech.
“Indian Hotels Company Ltd on behalf of Taj Mahal Hotel Delhi has filed an injunction suit in the high court in order to protect its position,” said a Taj spokesperson.
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