November 12, 2008 – 12:26 am
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 […]
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Also tagged Acre Land, Business Move, Buyers Realty, Carmichael Road, Extreme Step, Floor Space, Housing Development, Kurla, Land Rehabilitation, Malabar Hill, Mumbai Airport, Premier Automobiles, Property Consultants, Rare Move, Realty Market, Rehabilitation Project, Sarang, Slum Dwellers, Space Index, Square Feet
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October 23, 2008 – 6:07 am
Centrum Broking Pvt Ltd today shared findings from its research report on the Mumbai Real Estate Sector. It expects a 30-35% fall in India’s residential prices from the peak, with the Mumbai Metropolitan Region (MMR) estimated to witness the lowest fall of 20-30% until April 2009. Residential demand in Mumbai is estimated at 66mn.square feet […]
The real estate developer Housing Development and Infrastructure Limited got the government approval for the popular Mumbai airport slum rehabilitation programme. Mr. Sarang Wadhawan, HDIL Managing Director said, “The tenement limit has been increased from 225 square feet to 270 square feet . As the size of the tenement has gone up, the transfer of […]
February 22, 2008 – 5:29 am
The traditional real estate areas are residential, commercial, retail and integrated townships. But the future trend will not be the same. Future real estate area will include medicities, hospitals, logistics and warehousing, airport or port based business districts, mass housing and slum rehabilitation, and education infrastructure.
February 1, 2008 – 2:07 am
January 31, 2008, NEW DELHI: Unitech posted 39 percent increase in consolidated net profit. It got an increment from 377.84 crore to 525.78 crore in a quarter. Total income of Unitech group during the quarter under review was Rs 1165.11 crore, which is 19% high from last year. Mr. Sanjay Chandra, Managing Director, Unitech Ltd, […]
