September 2, 2008 – 11:03 pm
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 […]
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Posted in Real Estate News
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Also tagged Bombay Dyeing, BSE, Central Mumbai, Dadar, Entire Project, High Rise Building, Introductory Price, Market Sources, Nusli Wadia, Quarter Ended June, Residential Tower, Retail Market, Spring Mills, Surplus Land
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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 […]
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Posted in Real Estate News
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Also tagged Arabian Sea, Bcpl, Commercial Complexes, Construction Corporation, Gurgaon, Hyderabd, Nbcc, Pharmaceutical Corporations, Pharmaceutical Market, Prime Locations, Sky Scraper
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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.
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Posted in Real Estate News
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Also tagged Abn Amro Bank, Barclays Bank, C B Richard Ellis, Cee Jay, Commercial Premises, Consultant Firm, Credit Suisse, Financial Services Provider, Global Financial Services, Global Property, Hypo Bank, Investment Management Services, Knight Frank, Lease Transactions, Lehman Brothers, Poonam Chambers, Praful Patel, Property Consultant, Property Experts
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