Godrej Properties keen on redevelopment projects in Mumbai
Mumbai: With redevelopment becoming the in thing in the real estate sector, realty player Godrej Properties (GPL) plans to expand its project portfolio in this segment, a top company official said.
“Mumbai requires a large number of redevelopment projects especially… Continue reading
Delhi sells its homes faster than Mumbai
Mumbai: Mumbai may be second to Delhi in unsold homes, but it will take longer to sell them. Real estate developers in the financial capital must wait over three years to clear 1.13 lakh units or 120 million sq ft… Continue reading
‘Mumbai property prices spike 3.2%’
: There is bad news for prospective home buyers who have been waiting for a price correction to take place to book their dream homes.
A report released by Jones Lang LaSalle (JLL), a global leading real estate services firm,… Continue reading
Average cost of Mumbai flat is Rs 2.6 cr
: Just when it was believed that the only direction the exorbitant realty prices could slide is downwards, property prices have inched up even further. The average cost of an apartment in Mumbai has just peaked to Rs 2.60 crore.… Continue reading
�Increase minimum size of Mumbai plot from one acre to five�
: In a move that could signal a drop in cluster redevelopment proposals, Municipal Commissioner Subodh Kumar has proposed that the minimum size of plot for cluster redevelopment projects be increased from one acre to five. This effectively means that… Continue reading
Mumbai rentals to be dearer
: In a move that would impact existing tenants and migrants moving into Maharashtra, the state government has proposed a hike in stamp duty on Leave and Licence Agreements (LLAs). The state
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Godrej Properties to re-develop project in central Mumbai
Mumbai: Realty firm Godrej Properties today said it has entered into a development management agreement with RR Builders to re-develop a MHADA property at Byculla in central Mumbai.
The company’s wholly owned subsidiary Godrej Projects Development (GPDPL) will act as… Continue reading
Donald Trump’s big plans for Mumbai
Mumbai: American real estate tycoon Donald Trump, who is known for creating landmark properties globally, is eying Indian market in a big way and plans to focus expansion in the country on luxury residences and hotels over the next five… Continue reading
Adani Realty to invest Rs 1,200 crore in Mumbai project
Adani Group
MUMBAI: Adani Group’s real estate arm, Adani Realty Business plans to invest Rs 1,200 crore for constructing a 29-storeyed structure in suburban Mumbai.
“We plan to invest around Rs 1,200 crore for this project which will be one… Continue reading
Piramal acquires Hindustan Unilever’s South Mumbai property Gulita for Rs 452.5 crore
NEW DELHI: Hindustan Unilever has sold Gulita, its sea-facing property in south Mumbai, to Piramal Realty for Rs 452.5 crore.
The one-acre property in Worli Seaface, which used to house a training centre and private residences of senior executives of… Continue reading