Tag: Bombay Dyeing

Maharashtra stamp-duty hike: What it means for realty companies.

In a recent development, cash strapped Maharashtra government proposed to hike stamp duty on leave-license to 0.1% on market value or 1% of the average annual rent or deposit paid, whichever is higher, for residential properties. For commercial properties, the duty proposed is 0.4% for lease agreements over 60 months. This is a whopping 160 […]

Bombay Dyeing Ties Up With Rivoli Group

MUMBAI: The Nusli Wadia-controlled Bombay Dyeing is understood to be stepping up its focus on the textiles business due to sluggish business trends in the real estate market. The company is now looking overseas to set up its retail stores and will open its first 4,000-sq ft concept stores in Dubai soon. The Mumbai-based Rs […]

LnT To Develop Bombay Dyeing Complexes

Larsen & Toubro is planning develop nine million square feet at Bombay Dyeing & Manufacturing Company‚Äôs Textile Mills and Spring Mills complexes at Worli and Wadala at a cost of Rs two thousand crore. Mr K.V. Rangaswami, Director and President (Construction), L&T, said that it would be an all-commercial project, comprising retail, IT and hospitality […]