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office spaces in Mumbai

D-Mart Owner Damani buys 5 floors at Nariman Point

D-Mart Owner Damani buys 5 floors at Nariman Point
Owner of retail chain D-Mart, Mr. Radhakishan Damani has bought an area of 37000 sq. ft. that covers 5 floors of a building for Rs.134.25 crore at the rate of Rs.36000 per sq. ft., the current market rate for office spaces in Nariman Point. Nariman Point is one of India’s premiere business buildings being ranked [...] Continue Reading »

Mumbai real estate prices stagger with first price cuts

Mumbai real estate prices stagger with first price cuts
Mumbai- The Mumbai realty market has just blinked after four years of rigorous high prices midst sluggish sales, crippling liquidity crunch and rising cost of capital. About three popular developers have  either cut down their prices by about Rs. 2250 to Rs. 5,000, or have initiated flexible pricing of a single project or have launched innovative schemes to [...] Continue Reading »

Airoli rises as new business hub in Mumbai

Airoli rises as new business hub in Mumbai
Airoli, which is located far from the hustle and bustle of city, is now developing as one of the business districts of Navi Mumbai. Even lands are available at an affordable rate at this area which results in high demand for the commercial space which has boost up the real estate market in the area. [...] Continue Reading »

Commercial Property Has Strong Demand over the last few quarters

Commercial Property Has Strong Demand over the last few quarters
In the April-June quarter of 2011, commercial office space market in the country seen strong demand and witnesses over 33 per cent increase in office space. Delhi NCR, Mumbai, Bangalore and Chennai were the leading cities accounting for almost 80% of the entire space that was absorbed in the country. According to a latest survey, [...] Continue Reading »

Mumbai Fourth Costliest City in Asia Pacific

Mumbai Fourth Costliest City in Asia Pacific
Mumbai Asia’s 4th costliest place for office space in Oct-Dec 2010 Mumbai has become the fourth costliest city in Asia Pacific for renting a office in the last quarter of 2010. the average annual rentals of Mumbai during the quarter has been estimated at USD 705 per sq mt, the same has been found to [...] Continue Reading »



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