Raheja to develop 6 million sqft for Rs. 2000 crore in Navi Mumbai

Buoyant with the increasing demand of affordable commercial office spaces, the K. Raheja Group which already runs three IT parks under the brand Mindspace, is planning to invest an estimated Rs.2,000 crore in acquiring land and developing 6 million sq. ft of commercial space in the next two-and-a-half years in Navi Mumbai. read more at http://shopsandhomes.com/blog/index.php/2016/05/raheja-to-develop-6-million-sqft-for-rs-2000-crore-in-navi-mumbai/

Axis Bank purchases land worth 320 cr in Mumbai

Commercial real estate markets in Mumbai are picking up since the last year especially after pharmaceutical major Abbott bought 435,000 sq ft in the Godrej BKC at the Bandra Kurla Complex, from Godrej Properties for Rs 1,479 crore. Moreover, in one of the biggest office property transactions in the city, Axis Bank recently bought 200,000 sq ft of space at The Ruby office complex in Dadar West for Rs 320 crore, according to sources. Read More at http://shopsandhomes.com/blog/index.php/2016/01/axis-bank-purchases-land-worth-320-cr-in-mumbai/