Chhatrapati Shivaji International Airport
Twenty agencies met the high rank officers CIDCO regarding the regarding the global bidding for the Navi Mumbai International Airport (NMIA) project. The project is estimated to be worth Rs 15,000 crore. Mr. Sanjay Bhatia, Cidco vice-chairman and managing director, told the head of the agencies that there will be no air traffic constraints on [...] Continue Reading »
Mumbai Metro Rail Corporation (MMRCL) will issue detailed tenders for Metro Phase-3 by July 2014. The contract will be awarded to bidders by October 2014. The construction of this project of 32.5 Km long Colaba-Bandra-SEEPZ underground metro corridor is likely to start from January 2015. Mr. Sanjay Sethi, Managing Director, MMRCL and Additional Metropolitan Commissioner, [...] Continue Reading »
The real estate market in Chembur is witnessing a constant growth because of its good connectivity with other areas. It is one of the well known eastern suburbs in Mumbai. According to a Knight Frank report, in few years time, Chembur will be one of the areas witnessing a good price appreciation in properties. Properties in [...] Continue Reading »
Statistics show that Mumbai-based real estate firm Housing Development and Infrastructure Ltd’s (HDIL) gross debt has come down by 5 per cent in the first six months of the current calendar year and stood at Rs 4,040 crore as on June 30. However, HDIL reported 44 per cent fall in net profit. Profit stands at [...] Continue Reading »
