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RLDA Makes 4th Attempt to Sell Prime Land at Commercial Hub in Mumbai

A parcel of land close to the Bandra-Kurla commercial hub in Mumbai has been put up for sale again by the Railway Land Development Authority (RLDA). The reserve price of the 45,371-square-metre plot was last pegged at Rs 3,960 crore. This is the fourth…

[ More ] January 29th, 2010 | No Comments | Posted in Real Estate |

Decline in DLF LTD’s Asset Sale Target

India’s largest real estate firm by market value, DLF Ltd, will be able to raise only half of the targeted Rs5,500 crore this fiscal—by selling assets that are not central to its business of developing property. DLF is selling non-core assets to re…

[ More ] January 29th, 2010 | No Comments | Posted in Real Estate |
 

Boom in Sale of Luxurious Housing

The country’s largest real estate developer, DLF, sold apartments worth Rs 1,000 crore in December. This is the highest monthly sale the company has recorded in its history. There are many developers like DLF who have seen a surge in the sale of apar…

[ More ] January 14th, 2010 | No Comments | Posted in Real Estate |

Mmrda Leasing Out Land at Fraction of Sale Price to Fight Property Market Crash

The property market crash has foiled the plot for the Mumbai Metropolitan Region Development Authority (MMRDA), which relies on selling the land in its possession at market rates to fund infrastructure projects. Worried that the trend will continue, th…

[ More ] January 11th, 2010 | No Comments | Posted in Real Estate |
 

Making traditional sale costs money

SELLERS who still want to stick with the traditional method of hi…

[ More ] October 23rd, 2009 | No Comments | Posted in Regional, UK |