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  • French reinsurance firm leases office space in Mumbai at Rs 40 lakh a month

    The per sq ft rent works out to around Rs 505, making it the most expensive commercial real estate lease deal so far, real estate experts said. However, the deal is an outlier in terms of commercial rentals, they added

  • Dharavi can become a commercial hub like Bandra-Kurla Complex after redevelopment: CEO of Redevelopment Project

    Dharavi can become a commercial hub like Bandra-Kurla Complex after redevelopment: CEO of Redevelopment Project

    More than 1 crore square feet of construction is expected to come up in Dharavi in the next 17 years with close to 70-80 lakh square feet for rehabilitation and the rest for sale in the open market, SVR Srinivas, CEO of Dharavi Redevelopment Project (DRP), tells Moneycontrol.

  • Japan's Sumitomo wins auction for leasing 2 land parcels in Mumbai's Bandra Kurla Complex at Rs2,067 Cr: MMRDA

    Japan's Sumitomo wins auction for leasing 2 land parcels in Mumbai's Bandra Kurla Complex at Rs2,067 Cr: MMRDA

    The land parcels will be leased for 80 years due to which the MMRDA which is the special planning authority (SPA) of BKC will earn Rs 2,067 crore.

  • Developer ordered to pay interest to office buyer in Bandra Kurla Complex for 50-month delay

    Developer ordered to pay interest to office buyer in Bandra Kurla Complex for 50-month delay

    The developer was to give possession of the office space to the buyer in September 2015 but delivered it only in December 2019 because it could not get an occupation certificate (OC) owing to a dispute with the Mumbai planning authority

  • Brookfield Asset Management to buy IL&FS headquarters for Rs 1,100 crore

    Brookfield Asset Management to buy IL&FS headquarters for Rs 1,100 crore

    Apart from Brookfield Asset Management, several other global and domestic institutional investors had shown initial interest in the IL&FS's headquarters in Mumbai.

  • Mumbai gets 2 more electric vehicle charging stations

    Mumbai gets 2 more electric vehicle charging stations

    After having installed an electric vehicle charging station at Vikhroli, Tata Power recently set up EV charging stations at malls in Mumbai's Lower Parel and Kurla areas.

  • BKC project likely to fetch around Rs 4000 cr: Godrej Prop

    BKC project likely to fetch around Rs 4000 cr: Godrej Prop

    Godrej Properties, the Mumbai-based real estate developer announced launch of their BKC (Bandra-Kurla Complex) project in partnership with country's largest private air carrier Jet Airways.

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