Lodha Group announces Rs 10,000-cr project in Mumbai
Lodha Group on Tuesday, September 11, announced over Rs.10,000 crore investment in a new project in the island city.
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Mumbai the costliest property market with least property deals
Mumbai continues to be the costliest property market in India but the sales graph show this price rise has started taking its toll on the sales figure.
Lodha Developers to raise Rs.825 crore
Lodha Developers Ltd is raising Rs.825 crore to buy back debentures issued to Deutsche Bank. Analysts believe Lodha risks losing prime land in Mumbai if it doesn’t purchase the debentures.
Mumbai property deals slide down at 27 month low
Property registration in India’s biggest real estate market Mumbai continued its slide in August and touched a twenty-seven month low.
MCHI welcomes CM’s move for sale-by-carpet area; calls for speedy reforms in real estate
The Maharashtra Chamber of Housing Industry (MCHI) has welcomed Chief Minister Prithviraj Chavan’s move to ensure sale of residential property by carpet area.
Dunlop to offload Worli property for Rs 300-350 cr
Dunlop India Ltd (DIL), the Kolkata-based tyre manufacturing company has put its real estate assets on a block to raise money.
Marathon Group launches Nagari-NX in Badlapur East
Marathon Group has launched Marathon Nagari-NX, a township, in Badlapur, one of the fastest growing city in the Mumbai Metropolitan Region (MMR).
Silvex Realty forays into hospitality
Mumbai-based Silvex Realty Limited with services in construction, real estate and infrastructure has forayed into the hospitality industry.
CREDAI pats BMC, asks for extra FSI in Pune too
CREDAI welcomed the BMC’s announcement that the redevelopment projects in the city will not be covered under new DC rules for levying extra premium on FSI for certain areas.
Mumbai realty prices grew highest globally from 2005
In Mumbai sales registrations for July 2011 are down 31% to 5,047 as against 6,500 in July 2010, pointing to the continuing downtrend, said real estate analysts for Prabhudas Lilladher.