project in Mumbai
Engineering major Larsen & Toubro today said it has bagged contracts worth Rs1,832 crore from various business segments since July. The company’s construction arm L&T Construction has won new orders worth Rs1,832 crore from across various business segments in July and August as according to a release issued here said. The company has bagged Rs1,008-crore [...] Continue Reading »
The first ever Trump project in Mumbai – the Trump Tower Mumbai – was recently unveiled by bigwig American businessman Donald J. Trump, who is the Chairman and President of Trump Organization. For the project, Trump has collaborated with India’s leading luxury realty developer, the Lodha Group. Unveiling the Trump Tower Mumbai, Donald Trump said [...] Continue Reading »
The IL&FS Engineering Services Ltd has said that it has received a letter of Intent for Rs. 105 crore worth buildings work in Mumbai. According to a company statement, the contract is from the Lodha Group for civil construction works. The contract is for the 18 proposed G+15 residential buildings in Phase II of its [...] Continue Reading »
The real estate development arm of the Godrej Group, Godrej Properties said in a release that it has entered into a pact with group company Godrej & Boyce to develop a new project on the latter’s property at Vikhroli suburb of Mumbai. The project is expected to comprise of premium residences as well as a [...] Continue Reading »
The real estate private equity arm of Piramal Enterprises, Indiareit Fund Advisors has recently made two investment in realty projects in Mumbai, Pune and Bangalore. The total amount of investment made is around Rs 200 crore. The first investment made is worth Rs 100 crore in a project by Omkar Realtors & Developers. This a residential [...] Continue Reading »
Brihanmumbai Municipal Corporation (BMC) has finally managed to recover Rs 8 crore of a total due amount of Rs 628 crore from the developers in Mumbai. After the modification of the fee structure to recover dues, the civic body is yet to recover Rs 71 crore, while the remaining Rs 549 crore will be collected [...] Continue Reading »
Lodha Group is all set to achieve a new feat which has not been achieved by any other builder. The group is set to get new sales of over 70% this fiscal year to cross the Rs 10,000 crore mark. The MD of the company has claimed that they have been in the Rs 5,000-6,000 [...] Continue Reading »
In today’s time when properties in Mumbai have less demand due to heavy property prices, Lodha Group got an overwhelming response for its upcoming project in the city. The group has received around 1,300 applications from interested buyers for their upcoming project in Mumbai. The number which they have received is more than double the [...] Continue Reading »
The real estate private equity arm of Piramal Enterprises, Indiareit Fund Advisors is to invest about Rs 250 crore in two projects in Mumbai and Pune in next one month. One of the projects is a slum project in Mumbai and the other one is a residential project in Pune. The Piramal group is currently [...] Continue Reading »
DLF, the country’s biggest real estate company, is set to sell its 17-acre National Textile Corporation (NTC) land in Mumbai to Mumbai-based Lodha Developers to reduce its rising debt, said market sources. The deal is estimated at Rs 2,500-2,700 crore. Lodha Developers has already paid Rs 500 crore in advance and it would pay the [...] Continue Reading »
