Listen To The Article Keystone Realtors, which operates under the brand Rustomjee, has been awarded a 4.2-acre redevelopment project in Chembur, Mumbai. It won the race to redevelop Basant Park, receiving more than four-fifths of the society's votes. The architect for the new project is Hafeez Contractor, and the contractor is L&T. The development agreement will most likely be signed...
Listen To The Article Central Depository Services (India) Limited, the first listed Indian central securities depository, has purchased two floors of office space in Mumbai's Lower Parel's Marathon Futurex tower for Rs 163.16 crore. It paid a stamp duty of Rs 9.79 crore to register the two transactions. CDSL has purchased 23,110 square feet of space on the 35th floor for Rs 81.64 crore, with a total...
Listen To The Article Godrej Properties (GPL) has purchased an 18-acres land parcel in Kandivali, Mumbai for about 750 crores. According to the company, the project has a developable potential of approximately 3.72 million square feet and an estimated revenue potential of approximately 7,000 crores. The project will include premium residential apartments as well as...
Listen To The Article Adani Group has won the bid to redevelop Mumbai's Dharavi area, one of Asia's largest slum clusters. The Maharashtra government officials opened financial bids for the Dharavi redevelopment project on November 29. SVR Srinivas, Chief Executive Officer of Dharavi Redevelopment Project says "We got three bids, of which we opened two financial bids of Adani and DLF as...
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