With a focus on senior secured lending to residential projects in the real estate sector across Tier-1 cities in the country, Mumbai-based NBFC, Altico Capital has closed two deals worth Rs 130 crore for residential projects in Mumbai and the NCR. “We have closed an Rs 50 crore transaction with Noida-based Lotus Greens group for […]
godrej properties mumbai Archive
March 11, 2016 6:00 pm
Phase II launch of The Trees sees Godrej Properties rise by 2%
The launch of Godrej Properties flagship project ‘The Trees’ residential phase II in Mumbai has led to an increase of 2.4% in the company’s share price during intra day trading on Thursday. Phase I of the flagship project was launched last year in November. The company in its filing states “In first phase, we saw […]
February 27, 2016 10:00 am
Commercial Assets worth Rs.1500 crore to be sold by Godrej Properties
In September 2015, Godrej Properties, the real estate arm of the Godrej group, sold 4.35 lakh sq ft office space at Bandra-Kurla Complex in Mumbai for an excellent valuation of Rs.1479 crore. In keeping with this buoyant mood, the realty firm is targeting a sales revenue of Rs.1500 crore this year through monetisation of other […]
February 4, 2016 10:30 am
Muscat to host 6th India Property Fest
After the extraordinary success of the last five editions of the India Property Fest, Adsync LLC is all set to host its flagship property show in Muscat this time. The company, which is an established property expo organizer in India, has been arranging this property fest since 2013. The sixth edition is scheduled for April […]
January 31, 2016 10:00 am
Godrej Properties’ first project in Noida
Although Godrej Properties has already developed six projects in the National Capital Region (NCR), this is the first time it is entering the Noida real estate market. The company will be developing a group housing project within Lotus Greens Sports City in Sector 150, it said in a statement. The project which spreads over 36 […]
December 4, 2015 10:30 am
Commercial real estate – some huge deals of recent times
In most recent realty news, southern real estate developer, RMZ Corp is in the advanced stages of negotiations to acquire Equinox business park in Mumbai from the Ruias of Essar Group. Sources familiar with the development confirmed that the transaction has been concluded for a monstrous Rs. 2400 crore. While billionaire brothers Shashi and Ravi […]
December 3, 2015 1:30 pm
RMZ Corp is in initial talk to acquire Essar’s Equinox Business Park in Rs 2,400 cr deal
Essar is in initial negotiation stage with real estate developer RMZ Corp to sell its Equinox Business Park, which is located in Mumbai. According to sources the price of deal will be about Rs 2,400 crore, or $ 360 million. In recent years, this could be the biggest commercial real estate deal in the MMR […]
December 1, 2015 6:00 pm
Home sales rise in Mumbai 28 percent, a sign of life in real estate market of Mumbai
Now some of the buyers are finally returning to the real estate market of Mumbai, as real estate developers are offering 5 to 10 per cent discount and other offers as well such as; foreign trips, free parking space, free car, free AC and more. Now in Mumbai’s real estate market due to reduced size […]
November 29, 2015 10:00 am
‘The Trees’ – Godrej Properties’ new launch
Godrej Properties on Thursday launched The Trees, a flagship project spread over 34 acres of land, the Mumbai based real estate arm of the Godrej Group said in a report filed with the BSE. In the first phase, the company plans to develop a residential project that will have a total of 374 apartments with […]