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Commercial projects in Mumbai

HDIL is set to reduce the debt burden by selling land in Mumbai and Hyderabad

HDIL is set to reduce the debt burden by selling land in Mumbai and Hyderabad
The realty firm Housing Development and Infrastructure Ltd (HDIL) has announced that they will sell their stakes in the 100 acre land parcel which they own in Kukatpally in Hyderabad and some of their commercial projects in Mumbai in FY 15. The reasons stated behind the decision are as follows- Post the elections the market [...] Continue Reading »

New transfer of development rights to rehabilitate slums in Mumbai

New transfer of development rights to rehabilitate slums in Mumbai
Brihanmumbai Municipal Corporation (BMC) modified the transfer of development rights (TDR) to reduce the slums area in Mumbai. The developers working to rehabilitate the slums, will get TDR benefits to construct residential and commercial spaces anywhere in Mumbai. BMC modified the TDR policies to help the residents of the slums in getting a good living [...] Continue Reading »



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