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Lackadiscial attitude of govt now shows signs - navi mumbai and aurangabad
2008-05-29 17:40:00 http://www.ibnlive.com/videos/6-6193/oil-firms-set-for-quota-mu-mbai-petrol-pumps-go-dry.html
L&T to develop Rs 35 bn complex at Navi Mumbai
2008-04-22 20:21:00 L&T announced on Monday that its property development division would set up a world-class integrated commercial complex at Seawoods railway station in Navi Mumi at an investment of Rs.35 billion.13 Vote(s)
By: Market Buzz
Investment Outlook in Navi Mumbai
2008-04-03 21:45:00 recently I visited Navi Mumbai and was shocked to see new development sprouting all around. I met with few builders/developers who were offering...
Investment Outlook in Navi Mumbai
2008-04-03 21:45:00 recently I visited Navi Mumbai and was shocked to see new development sprouting all around. I met with few builders/developers who were offering flats for 3500/sf to 4000/sf in Kharghar with a potential to go upto 5000/sf to 5500/sf by the end of next year. I am planning to invest in a flat in Navi Mumbai area and looking for some advice from people who have invested. Is it a good time to invest in that area? What are the potential pitfalls? Is it worth to hold on to your investment or sell it?
Mercantile Bank Building in Vashi sold to Shah Group | INRnews
2008-01-11 10:32:00 Mumbai, India, January 11, 2008 - The Mercantile Bank building in Vashi has been sold to the Shah Group.
Destination Navi Mumbai
2007-11-21 11:05:00 Apartment spread cross 6,500 sq ft with private parking bays on each floor, exclusive elevator for each apartment, ultra-luxurious amenities and a manicured garden thrown in. The building is Ellora Castle, the price of each apartment is Rs 6 crore and the location is Palm Beach Road of Navi Mumbai. Ellora Castle is just one among ...
Destination Navi Mumbai
2007-11-21 11:00:00 Apartment spread cross 6,500 sq ft with private parking bays on each floor, exclusive elevator for each apartment, ultra-luxurious amenities and a manicured garden thrown in. The building is Ellora Castle, the price of each apartment is Rs 6 crore and the location is Palm Beach Road of Navi Mumbai. Ellora Castle is just one among the 119 stalls at the ongoing Haute Property exhibition in Vashi (November 16 to 19 at the exhibition grounds outside Vashi station), which is mainly targeted towards homebuyers from the Mumbai metropolis. “From being a low-cost housing destination, Navi Mumbai is now the preferred option for many high net worth individuals because of the quality of life it has to offer,” says Bhupendra Shah of Bahamian Group, part of the exhibition’s organising committee. Till a few years ago, Navi Mumbai promised affordable housing and a lot of people shifted from Mumbai to bigger flats in the satellite city. Today, the real estate prices in areas of ...
By: Blog Zone
Navi Mumbai SEZ to include Co-Developers
2007-10-23 10:56:00 The Government has cleared seven co-developers in Mukesh Ambani-promoted Navi Mumbai SEZs, thus endorsing fresh investment through private equity players by a key partner of the RIL Chairman."The Board of Approval gave a green signal to the Navi Mumbai SEZ proposal subject to their producing data on net assets of the co-developers," Commerce Secretary G K Pillai said.The intricately structured SEZ was first divided into four zones - one multi-product and three for IT and ITeS. Later, the promoters inducted seven co-developers with Jai Corp being the holding firm for these partners.According to sources, Jai Corp had sold its 10 per cent stake through an overseas infrastructure fund and raised Rs 2,500 crore to be ploughed back to all the co-developers.A source said with the government approving the co-developers's arrangement and the 'money having been realised, the promoters can go ahead with new financial restructuring.'"The Navi Mumbai SEZ will have to f...
Arshhiya Tech to invest Rs 350cr in CFS & Logistics Park | INRnews
2007-09-07 16:25:00 Mumbai, India, September 07, 2007 - Arshhiya Technologies International Ltd., an India based integrated supply chain services company with global presence (through it’s network of partners - BDP International and Genco), has announced the approval of the Ministry of Commerce & Industry, Department of Commerce, Infrastructure Division - Government of India for setting up a Container Freight Station (CFS) near JNPT Port for handling import and export cargo. The adjacent area will also include a Logistics Park. The cost of the proposed CFS and Logistics Park project will be approximately Rs. 350 crores.
Standard Ind developing property in Ghansoli, Navi Mumbai | INRnews
2007-08-13 16:23:00 Mumbai, India, August 13, 2007 - Standard Industries Ltd proposes to develop a third of its property at Ghansoli, Navi Mumbai. The company's board, which met on August 10, has cleared an arrangement to be entered into with CapitaLand Financial Ltd, Singapore, for the purpose, Standard Industries announced on Monday.
Realty record set in Navi Mumbai
2007-07-19 07:08:00 *A landmark property in Vashi—which is home to Bombay Mercantile Cooperative Bank—was auctioned on Wednesday for a record Rs 4.04 lakh per sq m....
Maharashtra Govt Supports RIL Navi Mumbai SEZ
2007-06-18 09:29:00 Reliance seeks out support of the Maharashtra government to help its proposed Navi Mumbai SEZ which was deferred following objections raised by the revenue department. The project is to be developed on a large area of 1,240 hectares. Concerns over the issues such as lack of alternate access roads connecting to local villages and non availability of water resources have pushed the SEZ into limbo. All these issues have been raised by a committee headed by Sanjeev Behari, commissioner (customs and exports). Consequently, the Board of Approval (BoA) delayed its decision to give a formal nod to the Reliance SEZ. The decision to defer the approval was taken in a meeting held on May 31 and June 5 asking the state government and RIL to submit what they have compiled with SEZ norms. The Maharashtra government has cleared its stand based on the presentation made by state-run City & Industrial Development Corporation (CIDCO), which holds 26% in the SEZ. As such, there are plans to constr...
Navi Mumbai SEZ is under govt’s scanner
2007-05-23 06:53:00 The 5,000 hectare Navi Mumbai SEZ is under the government’s scanner, as the government wants transparency, reports CNBC-TV18. |
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