“Mumbai would be a admirable area and would be a absolute burghal for the brand,” said Pascal Gauvin, managing administrator for India, Middle East and Africa, at InterContinental Hotels Group.
The accessible affair comprises auction of beginning affair of up to 1 crore disinterestedness shares of the company. This works out to 39 per cent of the absolute holding, abstract red herring announcement (DRHP) filed with Sebi showed.
According to the report, the affluence home market, abnormally branded residences as a segment, will abound with the brand of Trump Tower projects and Four Seasons branded residences entering the Indian market.
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