Oshiwara District Centre – A Real Estate hotspot

By Rohit Sharma Mumbai Metropolitan Region Development Authority (MMRDA) is planning Oshiwara District Centre (ODC) as the next commercial business hub on the lines of Bandra-Kurla Complex (BKC). It is located in the heart of the western suburbs of Mumbai strategically between Andheri-Lokhandwala and Goregaon. The space-starved city of Mumbai is looking

Plumber Konnect app aims to bring certified plumbers closer to its users

By Rohit Sharma The Indian Plumbing Industry, IPSC (Indian Plumbing Skills Council) on Thursday organised a mega event called Plumbing Skills Mahotsav where 10,000 plumbers from North India attended and were trained. Dharmendra Pradhan, Minister of Skill Development & Entrepreneurship launched Plumber Konnect mobile application & event which aims to bring certified

RBI reduces repo rate by 25 basis points to 6.25%

RBI

By Rohit Sharma NEW DELHI: The Reserve Bank of India’s Monetary Policy Committee (MPC) Thursday reduced the repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.5 per cent to 6.25 per cent. The MPC also decided to change the monetary policy stance from calibrated tightening to neutral. Repo

Godrej to develop 6 new projects in Pune

By Rohit Sharma Godrej Properties Ltd today announced that it has entered into an equity investment platform in partnership with a Pune-based developer to develop six projects across Pune. This portfolio comprises various asset classes including group housing projects, plotted development, mixed-used use development and township projects. The total land that will be

Arvind announce JV with Polser for construction industry materials

By Rohit Sharma Arvind Ltd on Wednesday has entered into a joint venture (JV) with Polser AS (Turkey) – a global leader in laminated composite panels – for manufacturing corrugated and plain fibreglass sheets to serve the construction industry in India and abroad. The joint venture combines Polser’s world-class technological prowess with the

Rustomjee eyes Rs 5800 Cr revenue from Prabhadevi project

By Rohit Sharma MUMBAI: Rustomjee today announced the launch of its luxurious project Rustomjee Crown located in Prabhadevi, Mumbai spread across 5.75 acres, the architectural marvel boasts of Thoughtfully Built 3, 4 and 5-bed residences ranging from 1335 – 2528 sq.ft.(Carpet Area) overlooking the Arabian Sea. The realty company is expecting revenue receivable

JLL re-enters in Residential Brokerage Biz, estimates overall revenue Rs 4,000 Cr in FY18-19

By Rohit Sharma MUMBAI: JLL, today announced to re-enter into its Residential Brokerage Business with technology-enabled advisory and transaction services to home buyers & developers and aims estimated revenue for FY 2018-19 around Rs 4,000 crore. According to an official, previous year the firm generated revenue of around Rs 3,600 crore. To scale up JLL’s