HomeNewsTrendsSpecial VideosAverage realisations in Mumbai seen rising: Peninsula Land

Average realisations in Mumbai seen rising: Peninsula Land

Rajeev Piramal, VC & MD, Peninsula Land said, realisations for the Mumbai project launched in Q2 have risen by 15-20 percent.

November 13, 2013 / 12:29 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

In an interview to CNBC-TV18 Rajeev Piramal, VC & MD, Peninsula Land gave his take on the company's performance for the quarter ended September 2013.


According to him realisations for the Mumbai project launched in Q2 have risen by 15-20 percent. The average realisation in Mumbai have gone up from Rs 19,500 per sq ft to about Rs 24,000 per sq ft.. The company has an unsold inventory of Rs 100 crore in Peninsula Business Park,  he added.
first published: Nov 13, 2013 12:28 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!