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Low registration also seen in last six months. The real estate market in Mumbai is drying up. June has seen registration of 4,272 agreements compared to 6,103 in the same month last year, a fall of 30 per cent. The state stamps and registration department...
After successfully raising Rs 520 crore in June, 2011, ASK Property Investment Advisors (ASK PIA), now plans to raise Rs 480 crore from high networth individuals (HNI) to invest in residential properties. ASK PIA, a venture of the ASK Group, was set up...
MUMBAI: Peninsula Land, an Ashok Piramal Group company, will jointly develop a 300-acre plot in Thane with an unknown land aggregation firm, sources familiar with the development said. Peninsula will plan, construct , market and sell the property developed...
MUMBAI: After almost 18 months of negotiations,Jet Airways is close to signing a deal with Godrej Properties (GPL) to jointly develop a 2.5-acre plot at Bandra-Kurla Complex (BKC). It is learnt that GPL will pay upfront cash of about Rs 150 crore to Jet....
Mumbai IL&FS Milestone Fund, a Sebi registered venture capital firm, has completed an investment of about $20 million in a leased commercial building in Mumbai. The property, Patel Corporate Park, is located in Mumbai’s western suburb Jogeshwari and has...
Residential property prices are heading for a 20-25 per cent fall in the high-end category, mainly in Mumbai and Delhi-NCR region. Industry veterans and analysts predict a fresh drop, much similar to that in 2008-09, in next four to six months as home...
