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7 Interesting Facts About Sahara-Owned The PlazaNew York’s iconic Plaza Hotel is likely to be bought by Katara Holdings, a Qatar-based organisation, for $600 million. Sahara India, which has been under financial debts and has been trying to sell its share in the hotel. It holds 75 per cent stake in the property.
Over 900 Projects For Sale In Neral; New DevelopmentIf you are looking for ready-to-move properties in Neral, there are over 250 projects up for grabs within Rs 4 crore. If you are comfortable heading for a new construction or an under-construction project, there are close to 400 projects awaiting you.
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All You Need To Know About Mumbai Coastal RoadThe first phase of the Mumbai Coastal Road project, a proposed 34-kilometre freeway running along the western coastline, is expected to begin by October 2018. The freeway will link Princess Street Flyover near Marine Lines to the south-end of the Bandra-Worli Sea Link (BWSL) under Phase-I and upto Kandivali under Phase-II. The project will be developed at an estimated cost of Rs 15,000 crore and will decongest the Western Express Highway and boost real estate developments across the western Mumbai.
SEBI Slaps Rs 10 Lakh Penalty On DLF Ahead Of QIP LaIn order to become a debt-free company, real estate major DLF is planning to launch qualitative institutional placement (QIP) by June. The company will be raising up to Rs 4,500 crore by issuing about 17.3 crore shares through the sale of shares to institutional investors. The money so raised will be used to repay loans.