Residential projects in Mumbai
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 »
Kanakia Group has changed its focus from commercial projects to redevelopment of residential projects in Mumbai. Its promoters recently sold a stake in Cinemax India Ltd, a multiplex chain to PVR Ltd because the group is planning to focus on residential developments. Kanakia Spaces Pvt. Ltd, a Mumbai based developer is in talks for the [...] Continue Reading »
Mumbai-based real estate major Godrej Properties Ltd (GPL) will raise Rs 200 crore by issuing commercial paper. It will allow the firm to raise money from a broad set of investors at attractive rates, largely for working capital requirements. GPL sources state that commercial paper provides for better rates with a wider set of investors [...] Continue Reading »
Real estate firm DLF has announced that it plans to launch new residential projects at Ludhiana, Jalandhar, Panipat and Kasauli. These projects are dubbed as part of company’s strategy to strengthen its presence outside Gurgaon. The company has not finalized the business plans entailing the investment detail in these projects. As per the company management, [...] Continue Reading »
It is analyzed by a real estate consultant firm that Mumbai has a deeply ingrained work culture. The people of Mumbai always prefer to stay in a place which is closer to their work place. As many companies are expanding their process in the suburbs, new commercial and residential projects are coming up rapidly in [...] Continue Reading »
The residential projects in Mumbai has started getting approval for their constructions. Recently a luxurious residential project in central Mumbai got the approvals needed to start construction. The project was launched by India bulls Real Estate Ltd. The builders and developers in Mumbai are now hopeful that project launches will resume in Mumbai, after a [...] Continue Reading »
The Value & Budget Housing Corporation (VBHC) has planned to launch six budget housing projects in the country by the end of this year. The group has planned to construct two residential projects in Mumbai, two projects in Delhi and one project in Bangalore and one in Chennai. The first project in Bangalore by the [...] Continue Reading »
According to a report by a real estate analysis firm, the sale and launch of residential properties in Mumbai and its suburbs is still slugging. The rates of apartments are still on the higher side and the potential buyers are deferring their decisions and as an outcome the rental rates in Mumbai have started increasing. [...] Continue Reading »
Infinite India Investment Management has invested $13 million through its realty fund Infinite India Real Estate Fund in a residential project in Pune. The Pune project will be developed by Kumar Urban Development Ltd. At present the developer is constructing 12 residential project in Pune along with five residential projects in Mumbai. The developer is [...] Continue Reading »
India’s most expensive property market, Mumbai is witnessing good property sales! The home sales increased by 20 percent in Mumbai where as down in Bangalore and Chennai there is drastic drop down witnessed. The Liases Foras Real Estate Rating & Research Sales report say that sale of new residential projects in Mumbai has boosted the [...] Continue Reading »
