What downturn? Unitech hasn't heard of one if it's there

Property group Unitech is to invest half a billion dollars in hotel openings across India with 35 new properties planned in the next seven years.

Yes, you heard right - 35 new venues, as the world markets and finance for new property deals crumbles.

They already have land for many of them, while cities targeted are Calcutta, Chennai, Goa, Mysore, Bangalore, Hyderabad, Chandigarh, Siliguri and Assam.

Go on, go for it you Unitech guys. Managing director Sanjay Chandra and his team are behind the roll-out.