Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Mumbai’s Fails to Lure Bidders in Govt Land Sale

Posted: 03 Mar 2010 08:33 PM PST

Mumbai's failure to lure any bidders in the first government land sale in at least 1 1/2 years may cause rates in that area to fall as India's financial hub seeks to develop the reclaimed marshland into a key business district. "It's a once-in-10 years kind of situation," Vivek Dahiya, chief executive officer of New [...]

Indiabulls to Plan Restructuring of Wholesale Trading Business

Posted: 25 Feb 2010 07:59 PM PST

Indiabulls Real Estate today said its board would meet on Thursday to discuss restructuring of its wholesale trading business through demerger. In a filing to the Bombay Stock Exchange the company said its board would meet on February 25 to consider a scheme of demerger of its wholesale trading business to Indiabulls Wholesale Services Ltd. The [...]

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