Tag: Andheri

DLF to sell stake in JV to raise fund

July 4, 2009 – 12:36 pm

DLF is looking to raise Rs 300-500 crore by selling its stake in a JV with Mumbai-based realtor Akruti City for a commercial project in Andheri. DLF has already scrapped a 5 star hotel project in Prabhadevi in Mumbai with Akruti. DLF was the majority stakeholder in the project. DLF has been looking to monetise […]

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Navi Mumbai And Andheri Have Similar Realty Rates

August 19, 2008 – 10:39 am

The satellite city of Navi Mumbai is giving realty jitters to Mumbai. The City Industrial and Development Corporation sold seven plots of land between nine thousand square feet to sixty thousand square feet. Ravji Enterprises quoted a whopping ten thousand rupees per square feet to emerge as the successful bidder for fifty thousand residential-cum-commercial plot […]

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Landlords Build Riches On EMIs

February 22, 2008 – 1:08 am

Person owning flats in Mumbai are taken as privileged one. The owner-tenant divide is almost as pronounced as the rich-poor divide. Mr. Shishir Baijal, managing director of Kshitij, the realty fund of Future Group, earns a big amount, but still he is a tenant. He has no home of his own. He stays in 3500 […]

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