Real Estate News Update for June 20
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Industry
According to sources, DRPPL intends to use this BKC land, previously a Metro works casting yard, for storing heavy machinery necessary for Dharavi's redevelopment.
International
The uber-luxury pad -- which is a lot of money even by the jaw-dropping standards of Malibu's expensive real estate -- is now the costliest home ever to be sold in California.
Housing Finance
General Atlantic is expected to sell shares worth Rs 420 crore, while Asia Opportunities V (Mauritius) will sell shares worth Rs 410 crore.
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Industry
The project is part of a larger layout on a 12-acre land parcel comprising 4.5 million sq ft. The first phase of the ongoing project comprises 21 towers with 1.3 million sq ft of saleable area.
Industry
The company informed the Yamuna Expressway Industrial Development Authority (YEIDA) that it is willing to pay Rs 490 crore by Sept 30, instead of the required Rs 133.5 crore — 10% of the total compensation — within 90 days.
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