Rustomjee
With the promise of paying rent, two Mumbai-based builders are promoting some of their under-construction residential properties named as Nirmal Lifestyle and Rustomjee.If the construction of its project is delayed beyond December 2017, Nirmal Lifestyle promises to pay the rent while Rustomjee will pay the rent during the construction period. Such promises were so far [...] Continue Reading »
Thane has developed into the fastest growing region of Greater Mumbai with prominent developers like Lodha Group, Rustomjee, Puranik Builders, Kalpataru and Hiranandani pronouncing their presence in the region. Thane residential market turnover in 2011-12 stands at around Rs 5000 crores. The premium segment has seen the highest supply in the last two years. Thane [...] Continue Reading »
The property consultants see hike in policy rates that is proving a minimal effect on taming inflation, on all- round cost. Mr Pranab Datta, Vice-Chairman and Managing Director, Knight Frank India reported saying that the rising inflation is for further tightening of the key policy rates in the financial market and also the prospective buyers themselves holding capacity [...] Continue Reading »
