Tag: Commercial

Residential property becomes cheaper

June 25, 2009 – 7:38 pm

Residential property prices are expected to fall by about 10% this year. Residential property rates declined by 18% to 20% in this March. Despite this drop, buyers are watching market scenario with ‘wait and watch’ policy. This trend is likely to continue through 2009. Mr. Sudhir Nair, Head, CRISIL Research says, “Demand [...]

By rajani | Posted in Property Investment | Also tagged , , , , | Comments (0)

LnT To Develop Bombay Dyeing Complexes

April 16, 2008 – 7:42 am

Larsen & Toubro is planning develop nine million square feet at Bombay Dyeing & Manufacturing Company’s 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 space, [...]

By rajani | Posted in Property Events, Property News | Also tagged , , , | Comments (3)

Indiabulls realty purchases majority stake in Dev Property

March 1, 2008 – 4:32 am

MUMBAI: Indiabulls Real Estate(IBREL), the real estate division of the Indiabulls group, has decided to take greater part stake in Dev Property Developers, the London-listed property fund, in order to gain best part control over two of its prized properties in Mumbai. IBREL has bought over 90 percent in DPD for about Rs 1,100 crore.
DPD, [...]

By rajani | Posted in Property Articles, Property News | Also tagged , , , , , | Comments (5)