Hilton Hotels & Resorts has opened the Hilton New Delhi-Noida-Mayur Vihar, under a management agreement with Eros Resorts & Hotels Ltd.

The 168-room hotel features two restaurants and a lobby lounge and bar. Facilities include a 24-hour business centre, outdoor pool, a fitness centre and a spa.

“Hilton New Delhi-Noida-Mayur Vihar is our fourth hotel in the country. We have opened three hotels in India this year, and we plan to launch five more hotels over the next eight months. At the current pace, we hope to triple our presence in the country in the next two years,” said Martin Rinck, president - Asia Pacific, Hilton Worldwide.

Property Deals in MUMBAI

An apartment measuring 3,000 sqft, located in Powai, was sold for a Rs 6.9 crore. The apartment, set in the one of the most-sought-after locations in Mumbai, commanded an average capital value of Rs 23,000 per sqft and is as per the current average, which ranges between Rs 23,000 and Rs 32,000 per sqft. However, the suburban locations of Mumbai have not seen any change in the values in the last three months. The rates are expected to remain stable in the short to medium term.

Property Deals in Delhi NCR

The Oberoi Group has sold its 100-year-old hotel property at Gopalpur on Sea in Orissa to Mayfair Hotels and Resorts, a local hospitality company owned by former cabinet minister and industrialist Dilip Ray, for Rs 10 crore.

The property, Oberoi Palm Beach, was bought by Rai Bahadur MS Oberoi in 1947 from an Italian lady and was the third hotel in his portfolio after Shimla and Kolkata.