Stars in the suburbs
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The first St. Regis hotel in India is set to open in Noida in 2016. The news that one of the world’s most exclusive hotel chains is coming to a dusty Delhi suburb comes in the wake of speculation that the Four Seasons is opening in Noida Sector 15.
The lack of strategic,well priced land in Delhi and Gurgaon and the upcoming Indian grand prix in Noida has seen room rates in the area soar from under Rs 10,000 to around Rs 40,000 per night. Mayur Vihar, the Delhi locality bordering Noida, has already seen the opening of a dual Hilton and Double Tree by Hilton.
“India is our fourth largest market, and will be third largest in five years,” said Nelli Young, vice president, brand management (Asia Pacific) of Starwood Hotels and Resorts.
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August 2025
As India continues to be the world’s fastest-growing major economy, Fortune India presents its special issue on the nation’s Top 100 Billionaires. Curated in partnership with Waterfield Advisors, this year’s list reflects a slight decline in the number of dollar billionaires—from 185 to 182—even as the entry threshold for the Top 100 rose to ₹24,283 crore, up from ₹22,739 crore last year. From stalwarts like Mukesh Ambani, Gautam Adani, and the Mistry family, who continue to lead the list, to major gainers such as Sunil Mittal and Kumar Mangalam Birla, the issue goes beyond the numbers to explore the resilience, ambition, and strategic foresight that define India’s wealth creators. Read their compelling stories in the latest issue of Fortune India. On stands now.