Tag: MMRDA

HDIL’s first quarter result shows recovery

July 30, 2009 – 7:26 pm

PropertywalaThe first quarter results of real estate major HDIL indicate a improvement in the domestic realty sector. Not only volumes, but also prices are now moving northward. Despite the fact that both sales as well as profit margins fell during the June quarter, the decline was less than expected and pace is also slackening. Revenues [...]

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Mumbai To Get Its First Rental Housing Project

September 10, 2008 – 4:12 am

Mumbai housing problem will ease to some extent in the coming year. The city will get its first rental housing project of 35,000 houses at Vasai’s Tiwri village. The project will be developed by Dhanashree Developers and is a part of the Mumbai Metropolitan Region Development Authority’s (MMRDA) ambitious plans for building five lakh rental [...]

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MMRDA Auction Bids

March 18, 2008 – 11:44 pm

MUMBAI: The Mumbai Metropolitan Region Development Authority (MMRDA) on Tuesday auctioned three plots in city’s Bandra-Kurla Complex (BKC) for Rs 1,322 crore. It’s a far cry from the Rs 2,790 crore the authority earned just three months ago for a similar transaction, confirming what every real estate player has dreaded so far, the slowdown in [...]

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