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mumbai real estate news

Mumbai adds 8.5L sq ft to mall space

Mumbai The city added 8.50 lakh sq ft of mall space between April and June 2011, even as retail mall space supply in India saw a 65% growth during this period, compared to the earlier quarter. “Most of the supply that entered the market was concentratedin...

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Hearts sink as loan rate rises

Mumbai When Ranjith Thomas, a finance executive, heard the RBI had hiked interest rates, his heart sank. His monthly outgoings for the Rs 20 lakh loan he had taken last year had just gone up from approximately Rs 16,000 to Rs 19,000. “I don’t have vices....

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VSNL land sale cleared in Mumbai

Mumbai The Supreme Court on Monday gave a go ahead for sale of a part of the 774 acres of land in Maharashtra belonging to VSNL, now Tata Communications, by the government. A bench comprising Justices Dalveer Bhandari and Deepak Verma dismissed the plea...

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