Tag: Reliance

Retailers Eye Lower Rentals, Freeze Expansion

The real estate market is increasingly behaving like the stock market these days. Just like buyers on the Street are putting off their purchases in anticipation of the market falling further, a sluggish real estate market is prompting retailers to postpone expansion plans on hopes of lower rentals. Some are even renegotiating rates for retail […]

Retail sector to consolidate in medium term

KOLKATA: Rising retail industry in India would see a phase of consolidation in the medium term while ill-planned malls were likely to go out of business, an official of real estate management company Jones Lang LaSalle Meghraj (JLLM) said. “There is a enormous potential for the retail sector in the country since India is a […]

Simplex Infra bags MRTS order

Simplex Infrastructures Ltd has received a Rs 406 crores order for the Mumbai Metro first phase. It is for civil construction of 10.7 kilometer long viaduct on the Versova – Andheri – Ghatkopar elevated corridor of the Mumbai MRTS Project. A consortium led by the Anil Dhirubhai Ambani Group’s Reliance Energy and Mumbai Metropolitan Region […]