Real estate group
Housing Development & Infrastructure Ltd (HDIL), a renowned real estate developer is to sell a two acres plot in Andheri, Mumbai. The deal has been stuck at around Rs 300 crore between HDIL and another real estate group. This plot was already a part of the land on which its residential project Metropolis was being [...] Continue Reading »
M3M, a real estate group acquired 28 acres of land from DLF in Gurgaon. DLF, one of the renowned developers in the country has sold it for Rs 440 crore. A total of Rs 1,100 crore will be invested in the project as stated by M3M Finance head. Out of Rs 1,100 crore, Rs 400 [...] Continue Reading »
A renowned real estate group, Puravankara Projects is to sell three commercial properties to clear off its rising debts. The properties are located in Bangalore and Chennai and will be sold at around Rs 250 crore. Currently, the group has an outstanding debt of Rs 1,160 crore as the profit has been down by almost [...] Continue Reading »
