Wadhwa Developers
Including major realty players, have evinced interest in the Maharashtra Housing and Area Development Authority (MHADA) plan to create a panel of builders for reconstructing its colonies in Mumbai by over 200 developers. Some of the notable names are Tata Housing, Godrej Properties, DB Realty, Kalpataru Group, Lodha Developers, SD Corporation (an affiliate of Shapoorji [...] Continue Reading »
A disputed property has recently got investment by Kotak Realty Fund (KRF), a division of Kotak Investment Advisors Ltd. The realty fund has made an investment of around Rs 125 crore on a 36 acres of residential development near Yeor Hills in Thane. The Ravechi property developer, Tulsidas Bhimjyani, got the investment after he paid [...] Continue Reading »
DLF, India’s biggest real estate firm, which is looking to divest its non-core assets to trim debt, has reportedly reached an understanding with the Lodha Group to jointly develop its 17-acre Mumbai Textile mill plot. DLF had bought the land from the National Textiles Corporation for Rs 702 crore in 2005. It has since considered [...] Continue Reading »
