Tag: Navi Mumbai

Jai Corporation To Raise Rs 5,686 Crore Through Venture Capital

Anand Jain-controlled Jai Corporation, an infrastructure company, has raised commitments worth five thousand six hundred eighty six crore rupeees through its venture capital management company’s two funds. Urban Infrastructure Venture Capital, the company’s venture capital company, is the Indian Advisor to UIREF, a Mauritius-based offshore fund that invests in Indian real estate. Urban Infrastructure Real […]

Navi Mumbai And Andheri Have Similar Realty Rates

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 […]

Realty Prices In Mumbai Suburbs Intends To Fall

Property prices in mumbai suburbs have started cooling down and by March 2009 the fall would be anything between 10% to 20% from now, real estate consultancy firm Jones Lang LaSalle Meghraj said. “There is no sign of propoerty prices coming down in the heart of Mumbai because of almost zero supply. But, beyond Borivali […]

Lok Housing Constructs Residential Projects In Bangalore, Mumbai, Pune

Mr. Lalit Gandhi, chairman and managing director, Lok Housing & Constructions says that they have decided to initiate around eight projects in Mumbai, Navi Mumbai, Pune and Bangalore in coming six months. The proposed projects will cover 42-50 million sq ft saleable area, and 60 % of this will be residential development and is likely […]