Latest Realty News

Lodha to spend over Rs 5,000 crore to develop property in Worli
Aug 20, 2013
MUMBAI: Realty firm Lodha has planned an investment of over Rs 5,000 crore for developing residential and commercial real estate on the 17 acre land in the plush area of Worli in south Mumbai, which it bought from DLFBSE 2.46 % last year.
Smart realty investment in Mumbai’s western stretch
Aug 14, 2013
MUMBAI: Mumbai is known for its fast pace and momentum of development and growth. The city, which offers good connectivity, is witnessing colossal residential and commercial projects, which are going on in every nook and corner of the western line.
Office space absorption increases, but rentals low in Mumbai
Aug 12, 2013
MUMBAI: HSBC recently leased 1.8 lakh sq ft at Nesco IT Park in Goregaon for a monthly lease rent of about Rs 1.8 crore or Rs 95 per sq ft a month. In May, UK-based banking major Barclays leased 1.8 lakh sq ft of space at Nirlon Knowledge Park in Goregaon for its back-end operations at Rs 95 per sq ft.
HDFC Realty strikes Rs 100-cr property deal for Axis Bank
Jul 27, 2013
MUMBAI: In one of the biggest office rental transactions in recent times, private lender Axis BankBSE -1.84 % is believed to have entered into a property lease deal worth about Rs 100 crore for housing its back office operations.

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