Thursday 21st March 2019,
Radio Metta

Mumbai

Private equity inflows in real estate at Rs 46,200 crore in 2018; Mumbai records largest share

Private equity inflows in real estate at Rs 46,200 crore in 2018; Mumbai records largest share

Private equity inflows touched Rs 46,268 crore in 2018 with Mumbai recording the largest share of 27 percent of investments among all cities, as per a report by Cushman & Wakefield. Office sector led the investment in flows commanding 46.4 percent of the annual fund flows. Residential segment investments accounted for a 29 percent share of [...]

February 11, 2019 Loknath Das Real Estate Comments Off on Private equity inflows in real estate at Rs 46,200 crore in 2018; Mumbai records largest share

Mumbai Haj House Gets “India’s Highest Tricolour”

Mumbai Haj House Gets “India’s Highest Tricolour”

The flag was hoisted atop a 20-metre high mast on top of the iconic building. Mumbai: A big Indian tricolour measuring 20×30 feet and 350 feet above the ground was hoisted the majestic Haj House in Mumbai by Union Minister for Minority Affairs Mukhtar Abbas Naqvi on Wednesday, an official said. The flag atop a 20-metre [...]

December 22, 2018 Loknath Das Home Deco Comments Off on Mumbai Haj House Gets “India’s Highest Tricolour”

For the University of Mumbai, at 160, it’s time to introspect

For the University of Mumbai, at 160, it’s time to introspect

A liberal education aims at the ‘making of men’, said Sir Raymond West, vice-chancellor of the University of Bombay, speaking in the convocation address in July 1882. “It [education] is not to be diverted into a process of manufacturing human tools wonderfully adroit in the exercise of some technical industry, but good for nothing else,” [...]

July 20, 2017 Loknath Das Education Comments Off on For the University of Mumbai, at 160, it’s time to introspect

Dussehra brings slight relief to ailing real estate market in Mumbai

Dussehra brings slight relief to ailing real estate market in Mumbai

Dussehra, an auspicious day for homebuyers to book apartments, gave hopes to builders who have seen a slowdown for the last few years. The sales, although not very significant, have encouraged the realty estate market. Builders’ announcement of sops and incentives such as discounts, freebies such as vehicles, gold coins and waiver in government taxes [...]

October 12, 2016 Saheli Real Estate Comments Off on Dussehra brings slight relief to ailing real estate market in Mumbai

HPCL shuts Mumbai refinery unit, imports gasoline, executive says

HPCL shuts Mumbai refinery unit, imports gasoline, executive says

Hindustan Petroleum Corp Ltd (HPCL.NS) shut a unit at its 130,000 barrels per day (bpd) refinery in Mumbai last week due to a technical glitch, and has since been importing gasoline, the head of its refineries told Reuters on Friday. BK Namdeo said the refinery’s reformer unit was shut on Sept. 1 due to a [...]

September 9, 2016 Saheli Business Comments Off on HPCL shuts Mumbai refinery unit, imports gasoline, executive says

Mumbai real estate: Upcoming Development Plan 2034 to augment growth

Mumbai real estate: Upcoming Development Plan 2034 to augment growth

The latest version is a redrawn plan after the critical citizen feedback received on the earlier draft plan last year. Though in conservative measure, and treading cautiously after the criticism of the last version, the plan has laid out several measures to increase the development potential of Mumbai. The Revised Draft Development Plan 2034 for [...]

August 27, 2016 Saheli Real Estate Comments Off on Mumbai real estate: Upcoming Development Plan 2034 to augment growth

Real estate firms face growth hurdles in Mumbai Metropolitan Region

Real estate firms face growth hurdles in Mumbai Metropolitan Region

The Mumbai Metropolitan Region (MMR), a key property market, will see fewer project launches and land deals in the year ahead due to confusion over new development rules, a ban on new construction and poor preparedness for the new real estate law, builders and consultants said. The expected decline in future launches comes on the [...]

August 18, 2016 Saheli Real Estate Comments Off on Real estate firms face growth hurdles in Mumbai Metropolitan Region

Mumbai ranked most expensive city in India: TripAdvisor

Mumbai ranked most expensive city in India: TripAdvisor

For Indian travellers, Mumbai has been ranked the most expensive city in the country, but second least expensive in the world, according to a report. The financial capital of the country, Mumbai has been ranked the most expensive city in India, however, it is the second least expensive destination in the world to visit after [...]

August 6, 2016 Saheli News Comments Off on Mumbai ranked most expensive city in India: TripAdvisor

Vintage ads: How Mumbai home decor was transformed by a global design revolution in the 1930s

Vintage ads: How Mumbai home decor was transformed by a global design revolution in the 1930s

In the 1930s, Mumbai’s skyline was reshaped as a passion for the Art Decostyle cascaded around the world. Symmetrical lines, smooth curves and the trademark motifs of the “style moderne” came to dominate streetscapes. These elements also became visible in another, less-documented area: in the interior decor of the city’s upper middle-class homes. Throughout the [...]

July 7, 2016 Saheli Home Deco Comments Off on Vintage ads: How Mumbai home decor was transformed by a global design revolution in the 1930s

Copra edible Mumbai surges on good demand

Copra edible Mumbai surges on good demand

Copra edible Mumbai prices surged at the spice market here today due to good demand from stockists and retailers amid restricted arrivals from producing belts. The rest of the spices ruled steady in the absence of any worthwhile buying. Copra edible Mumbai gained by Rs 100 per quintal to Rs 7,500 from last Saturday’s closing [...]

April 18, 2016 Saheli News Comments Off on Copra edible Mumbai surges on good demand

Security beefed up in Mumbai, Punjab

Security beefed up in Mumbai, Punjab

The city has been on a terror alert since Monday, following an advisory received from the Union Home Ministry on a possible terror strike by three men travelling in an explosive-laden car from the Punjab border towards Delhi, Mumbai and Goa. Senior Maharashtra officials said this was the sixth such alert received by them since [...]

April 7, 2016 Saheli News Comments Off on Security beefed up in Mumbai, Punjab