Tag Archives: Worli

Lehman Bros Arm To Buy 50% In Unitech Project

Lehman Brothers Real Estate Partners has agreed to invest approximately US$175 million to acquire a 50% stake in the initial phase of a master-planned project on the Western Expressway of Mumbai.
The project is being jointly developed by Unitech Ltd. and their local Mumbai Partners (the Western Expressway JV).
The initial phase entails development one million square [...]

South Mumbai Emerges As New Real Estate Destination

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 [...]