Tag: Central Mumbai

Upward move in commercial realty

August 3, 2009 – 7:22 pm

PropertywalaThe commercial real estate market is slowly reviving as higher government incomes and an improving economy are prompting customers to invest. Developers say that there are more enquiries from investors. Many developers, instead of selling their properties, are signing rental deals. In one recent deal, global consultant KPMG signed a deal with Lodha Developers for […]

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Commercial realty back to its position

July 17, 2009 – 5:30 pm

PropertywalaAfter long time of stagnation in the commercial real estate market in Mumbai, there is finally some revival. First off the block was the 10.3-acre Finlay Mill property for which there have been bids from Lodha Developers and Indiabulls Real Estate. On July 31, NTC will put the 16-acre Kohinoor Mill-1 property also on the […]

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Realty Dreams Of Small, Mid-Sized Cos Crumble

July 1, 2008 – 1:20 am

Struggling with a slowdown across segments, the Indian property market is moving towards the next phase of consolidation. Liquidity crunch in the real estate market is beginning to drive many mid-sized and small developers to beg for cover. Many want to liquidate their land and incomplete projects by selling them to bigger developers or private […]

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South Mumbai Emerges As New Real Estate Destination

January 28, 2008 – 7:37 am

Premium resident, retail houses, commercial places and hotels are the identity of south Mumbai. Big entrepreneurs, businessmen, diamond-merchants, expatriates, top echelon of multinationals, Indian conglomerates and high net worth individuals are resident of this posh area. Supply has been completely exhausted in this area. No fresh supply can be injected. With the release of mill […]

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