Prism, the parent company of OYO, is expanding its premium hotel brand Sunday Hotels with plans to open 40 new upscale properties across India during the current financial year. The expansion will include 4-star and 5-star hotels in both metros and smaller cities, with an additional focus on tourism-heavy locations such as wildlife sanctuaries and religious destinations. Gujarat, Uttar Pradesh, and Rajasthan are expected to contribute more than 40% of the new portfolio. The brand is also finalising talks with hotel owners for projects in cities including Mumbai, Hyderabad, Chennai, Bengaluru, Kolkata, and Raipur.Read more

Italian fashion retailer OVS will soon open its first store in India at Pacific Mall, Tagore Garden, New Delhi. Scheduled for October, the store spans 9,000 square feet and will house everyday wear and premium collections including PIOMBO, B.Angel, Les Copains, and Utopja, all developed by the in-house design team. With more than 2,200 stores globally and sales worth EUR 1.63 billion in 2024, OVS is extending its reach to one of the fastest-growing fashion markets. A surprise gift will also be offered to the first 100 visitors on the launch day.Read more

Patel Retail Ltd, a diversified retail and food processing company, has received an export order valued at INR 22 crore, taking its overall export order book to INR 50 crore. The order covers markets in Europe, the UK, Canada, Australia, New Zealand, and Singapore. Consignments will be processed at its facilities in Ambernath, Thane, Mumbai, and Gujarat. The company noted that a large share of these orders came from repeat clients, pointing to consistent demand. Patel Retail exports to over 35 countries and recently drew strong interest during its IPO.Read more

Forum Malls, part of Prestige Group, is set to nearly double its presence in India by opening 14 new shopping centres across major cities by 2029. The company is focusing on metropolitan areas where consumer spending power and interest in branded retail are strong, while tier-II cities show limited appetite for premium offerings. Plans include India's first athleisure-focused mall near Bengaluru. The expansion aligns with the festive season, which contributes significantly to revenue, and the company expects higher footfall following recent consumer tax cuts. Bengaluru remains its core and competitive market.Read more

The Madhya Pradesh Tourism Board was recognised as the Best State Tourism Board at the India Travel Awards 2025 in New Delhi, an event attended by national tourism leaders. The accolade highlighted the state's innovation, sustainability efforts, and cultural promotion. Senior officials noted that the award reflected a collective vision to position Madhya Pradesh as a global tourism hub, strengthening local economies, heritage conservation, and employment generation.Read more

Indian Hotels Company Ltd (IHCL) has signed an agreement for a new 64-room brownfield hotel in Pahalgam, Jammu and Kashmir, under the Gateway brand. The project is being developed with Riaz Ahmad Panjra as a partner. The addition will raise IHCL's total count in the region to seven hotels, including one still under development. Positioned in one of Kashmir's most popular tourist towns, the upcoming hotel will feature a mix of leisure, wellness, and dining facilities. The move fits into IHCL's plan to expand in tourism-driven destinations across India.Read more

The Delhi Development Authority has announced plans to license a 2.5-acre plot in Dwarka's Sector 23 for the development of a five-star hotel. The land will be offered on a 55-year licence, requiring the selected developer to finance, build and operate a 200-room property. The scheme allows a floor-area ratio of 375 and 40% ground coverage, alongside exclusive access provisions to the adjoining DDA golf course.Read more

Retail leasing across shopping malls and high streets in Delhi-NCR registered strong growth in the first half of this year, supported by higher demand and fresh supply. Data from CBRE indicated that leasing volumes rose significantly compared to the same period last year, led by fashion and apparel brands, followed by homeware and departmental stores. Industry stakeholders remarked that retail is evolving beyond transactional activity, becoming experience-driven, with developers highlighting the resilience of the sector and the rising demand for Grade A spaces across prime and emerging markets.Read more

Saya Group has applied for the Occupancy Certificate for its flagship high-street retail development, Saya Piazza, situated at Jaypee Greens, Sector 131, along the Noida Expressway. Spread across approximately 2 lakh sq. ft., the project blends retail, dining, and leisure experiences. With marquee names such as Ministry of Beer and LOOKS Salon confirmed, the development is nearing completion and promises to offer high-value investment opportunities with limited units remaining.Read more

IHCL has partnered with Omaxe Limited to develop a 158-key Gateway hotel in Dwarka, New Delhi, under a public-private partnership with the Delhi Development Authority. The hotel, expected to be completed by 2027, will include sporting facilities and a premium lifestyle experience. Its location near India's largest convention centre and the upcoming international cricket stadium is likely to drive strong demand. The project builds on IHCL's prior expansions in major cities and reflects its strategy to grow in high-potential urban areas. The partnership with Omaxe reinforces the hotel's expected international-standard offerings.Read more