Tag: Worli

Bombay Dyeing To Develop More Spare Land In Mumbai

The Rs 1,000-crore textiles-to-real estate major, Bombay Dyeing, will develop eight lakh square feet of property on its surplus land in Mumbai. The company will construct a high-rise building for commercial and residential use. ”We will commence construction of a high-rise tower in two months. The entire project will be sold off in the next […]

State-Run Takes Realty Pills To Survive

State-run pharmaceutical corporations, struggling to survive competition with private sector companies, are now emerging in a new avatar as developers of commercial complexes and IT parks because of their massive land holdings. The recently-revived Bengal Chemicals and Pharmaceuticals Ltd (BCPL) is building a 38-floor sky scraper at Worli in Mumbai overlooking the Arabian Sea. The […]

With Rs 1 Crore Per Month, Rental Goes Through Roof

In April end, the London headquartered Barclays bank concluded negotiations to take on lease 15000 square feet of office space in CeeJay House, Worli, at a record-breaking rent of Rs 725 a square feet per month. This is so far the highest ever lease rental for any commercial property in the country.