Tag: South Mumbai

Bandra Replacing South Mumbai As Property Hotspot

May 29, 2008 – 5:04 am

South Mumbai has always been the preferred home to Mumbai’s upper crust for years. But now with virtually no land to be had in the Island City, the elite are moving into the suburbs and Bandra seems to be the hot new destination. Malabar Hill, home to the city’s elite and till now the most […]

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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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NITCO Will Establish Separates Realty Company

January 28, 2008 – 7:28 am

21 January 2008: NITCO Group has decided to hive off its realty business into a separate company. Till now, NITCO is into tiles and real estate and distribution both. At present NITCO real estate arm is at 500 crore. NITCO will list NITCO Realties when its real estate arm achieves sales of Rs 1,000-1200 crore.

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