DB Realty to pick up 49% in hospitality arm
Dynamix Balwas (DB) Realty, the Mumbai-based realtor, has decided to buy upto 49 per cent stake in its hospitality arm, DB Hospitality Ltd, an unlisted arm where the promoters hold a majority stake.
Search Results: Mumbai real estate (2187)
Unitech profit drops, DB Realty net rises
Unitech Ltd, India’s second largest real estate company, and DB Realty Ltd continued to struggle with sales in the June quarter amid rising interest rates and slowing demand—a seemingly unceasing plight they share with most of the sector.
Mumbai commercial property market – mid-2011 update
The Mumbai commercial property market has displayed resilience in the recent past.
No takers for 1.3 crore sq ft of office space in Mumbai
Real estate stock of office premises in Mumbai has been going through a slump for the last 14 financial quarters.
Realtors exploring alternative channel of funding
As India’s realty sector goes through a liquidity crunch with banks tightening lending norms and property sales dropping, real estate developers are turning to alternative channels of funds.
Godrej in Rs 500-crore deal with Jet to develop Mumbai BKC plot
Godrej Properties Ltd (GPL), the real estate development arm of the Godrej Group, has concluded a Rs.500 crore deal with Jet Airways to develop the latter’s two-acre plot in the Bandra Kurla Complex.
DB Realty sells 50% stake in Mumbai property to Adani Group
DB Realty Ltd has reportedly sold off its 50% stake in a south Mumbai property to the Adani Group.
Real estate impact of FDI in multi-brand retail
The introduction of FDI in multi-brand retail will lead to increased demand, which in turn will catalyze more investment opportunities in organized retail.
Alok Industries divesting realty assets to ease debt
India’s largest textile firm, Alok Industries Ltd is divesting its real estate portfolio to ease debt.
New DC rules will cripple Mumbai redevelopment, says MCHI
The new Development Control Rules applying restrictions on redevelopment projects in Mumbai will defeat the very purpose of the redevelopment scheme and lead to immense social injustice.