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Pune-based developer

Pune developers and builders seek lower interest rates, speedy project clearances

Pune developers and builders seek lower interest rates, speedy project clearances
In the opinion of the developers and builders in Pune, the weakening realty sector is apparently set for a much-needed turnaround, provided that the Narendra Modi-led new Government at the Centre announces some immediate policy moves. According to the Pune developers and builders, the most important expectations from the new Government are a lowering of [...] Continue Reading »

CCI approves realty deal between Blackstone and Embassy

CCI approves realty deal between Blackstone and Embassy
The Competition Commission of India (CCI) has approved a real estate deal between global private equity giant Blackstone group and Pune-based realty firm Embassy Group. The proposed deal involves Blackstone and Embassy group having joint control over an entity engaged in the development and management of commercial and office space. It has been dubbed as [...] Continue Reading »

A century-old residential building fetches Rs 150 crore

A century-old residential building fetches Rs 150 crore
A century-old residential building in the heart of south Mumbai-Nowroz Building near Girgaum Chowpatty has been bought by Pune-based developer Avinash Bhosale for Rs 150 crore. The four-storied Nowroz Building on Hughes Road near Girgaum Chowpatty was built at the turn of the last century and is a tenanted, cessed property. Bhosale confirmed the deal. [...] Continue Reading »



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