Central Mumbai
One of the leading banks in India, HDFC Bank is planning to buy an office space of approximate 1.3 lakh sqft at Lower Parel. The building is situated in Peninsula Business Park at Lower Parel in Central Mumbai and is spread over four floors. As per reports, the bank is paying around Rs 17,000 per [...] Continue Reading »
Starwood Hotels & Resorts, the owner of luxury hospitality brands Westin, Le Meridien, St Regis and W is planning to construct a hotel in Mumbai. Negotiations are on and the group is planning to conclude at least one deal for a luxury hotel management in central Mumbai and one in south Mumbai within few months. [...] Continue Reading »
Jumeirah Group, a Dubai based hospitality company signed a deal for luxury hotel at Lower Parel in central Mumbai. Jumeirah is the operator of Dubai’s seven-star hotel Burj Al Arab. The hotel in Mumbai will be operational by 2017 and will offer 470 luxurious rooms, service apartments and suites, as well as wide variety of [...] Continue Reading »
Mumbai- Inspite of downfall in sale, the demand for ultra-luxury and luxury homes is rising in the metro cities. A few luxury residential projects were launched despite of dullness in the real estate sector, according to a report by Jones Lang LaSalle, a real estate consultancy firm. The rise in the number of high networth [...] Continue Reading »
Knight Frank Research, a property consultancy firm, analyzed residential market comprising projects with a sales potential of above Rs 30 crore in Mumbai Metropolitan Region. Their analysis shows that Mumbai real estate market for high-end homes has stagnated during financial year 2012. Absorption numbers for high-end homes in 2011-12 are estimated to have dropped by [...] Continue Reading »
There are no limitations for premier luxury living and its experience! In the world’s tallest residential project, named The World Towers, an exclusively designed sample apartment unit was showcased recently which was designed by Italian couturier Giorgio Armani. The apartment is worth Rs 50 crore and is located in Central Mumbai. The project is promoted [...] Continue Reading »
No worries do these overseas realty investors have, even during the time of recessions. Global contractors are looking forward to invest in India and China which are still considered as growing countries. Similar case has been witnessed in central Mumbai, wherein one of the West Asia-based firm was successful in signing a residential project with [...] Continue Reading »
There seems to be no barrier to the raising property rates in Mumbai city. Its unbelievable that a property measuring 1,700 square feet in Prabhadevi (Mumbai) was sold for Rs 6.5 crores. Now this area, Central Mumbai has become a prime residential location only because it is accessible from other areas. Also this area has [...] Continue Reading »
India Bulls new Residential project at Worli in Mumbai is all said to hit floors comprising of five towers and Seventy five stories with the total area space of 3,900 square feet. All the floors comprises only of three and four bedroom apartments. The individual apartment is estimated to start with the cost of Rs.12 [...] Continue Reading »
