Schedule a Call Back
DB Realty looks to sell Mumbai land
2022-09-23
Esteem Properties, a wholly owned subsidiary of DB Realty, has entered into a non-binding term sheet with a large fund for the sale of its land adjacent to the ITC Grand Maratha Hotel in Andheri East, Mumbai, for Rs 480 crore, according to a BSE filing. A purchase agreement has not been signed. The proposed transaction is subject to customary diligence and required approvals, and it is expected to close within 60 to 90 days, according to the company. However, due to the buyer's confidentiality, the company did not reveal the buyer's name.
Also read:
India considers laying more petro pipelines for Nepal
PM launches projects worth Rs 31 billion in Surat
Subscribe Now
Subscribe to our Newsletter & Stay updated
RECENT POSTS
Popular Tags
Folliow us
Related Stories
Mumbai’s Seaside Promenade Phase 1 Opens on 15 July
Mumbai, 7 July 2025 – The first phase of Mumbai’s long-awaited seaside promenade, part of the Coastal Road project, will open to the public o...
Adani Ports Builds World’s First Steel Slag Road at Private Port in Hazira
Adani Ports and Special Economic Zone (APSEZ) has inaugurated what is reported to be the world’s first steel slag road within a private port, m...
Tata Steel to Launch Modular Bridges in India with InQuik
Tata Steel has signed a Memorandum of Understanding (MoU) with Australia-based InQuik Group to introduce modular bridge systems in India, aiming ...
