L&T Realty to build PPP railway station for Rs 1,500 crore
The realty arm of Larsen & Toubro (L&T) plans to start the process of upgrading a railway station at Seawoods in Navi Mumbai over the next two months.
The realty arm of Larsen & Toubro (L&T) plans to start the process of upgrading a railway station at Seawoods in Navi Mumbai over the next two months.
Mumbai-based Silvex Realty Limited with services in construction, real estate and infrastructure has forayed into the hospitality industry.
It is not slowdown for some of the realtors, while others are feeling the heat. If the signature projects of some of the developers are any indication, market is still good if you don’t have crisis of credibility.
The police has been asked to verify complaints from Mumbai-based investors against the PACL realty; firm denies any wrongdoing.
Jones Lang LaSalle has launched a separate office in Andheri, Mumbai’s burgeoning commercial district.
The net profit in the June quarter is down for all major listed real estate companies is a matter of worry for the sector in general.
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.
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.
The Mumbai commercial property market has displayed resilience in the recent past.
Real estate stock of office premises in Mumbai has been going through a slump for the last 14 financial quarters.