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Tag Archives: Square Feet

Real Estate giant to sell off 4.5 million square feet

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 extreme [...]

By Rajani | Posted in Property News | 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, Slum Rehabilitation, Space Index | Comments (0)

Parsvnath postpones its retail forays

November 6, 2008 – 6:58 am

Parsvnath Developers Ltd, the New Delhi-based real estate developer, has postponed its retail forays due to the current economic slowdown. The company, according to a senior official, would further re-evaluate the market situation to continue the initial plan. Meanwhile, the company is close to finalize the SEZ stake sale to private equity investors.
Pradeep Jain, chairman, [...]

By Rajani | Posted in Property News | Also tagged 4 Months, Balance Sheet, Current Economic Slowdown, Dilution, Diversification, Expansion Plans, Food Joints, Foray, Forays, Hypermarkets, Initial Plan, International Partner, Market Situation, Parsvnath Developers Ltd, Private Equity Investors, Real Estate Developer, Retail Partner, Retail Plans, Retail Space, Retail Stores | Comments (0)