Tag: Kurla

Real Estate giant to sell off 4.5 million square feet

In a sign of the times, the country’s third largest real estate player, Housing Development and Infrastructure Limited (HDIL), has offered to sell off three of its plots totalling about 4.5 million square feet. Analysts say the rare move shows the extent of liquidity crunch in the realty market where no developer normally takes the […]

Parsvnath Bagged One More Project In Mumbai

Parsvnath Developers Ltd has declared that the they have won another project from Mumbai to develop a plot of land at Mahim Bus Station for commercial and residential utilization along with remodeling of existing bus station. The project would give the Company a developable area of forty thousand square feet with a realizable value of […]

HDIL Will Buy Land To Relocate 80,000 Slum Families

Housing Development and Infrastructure Ltd (HDIL), India’s third largest developer by market value, plans to raise Rs1,000 crore within a year to buy land and relocate 80,000 slum families for the Mumbai airport modernization project. The project will entail the country’s single largest rehabilitation exercise, even bigger than the Dharavi project, which will relocate 55,000 […]