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Ashok Piramals Peninsula Land

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  • Business

Realty sector sees top-level churn

The managing directors of at least two companies, Indiabulls Real Estate and Peninsula Land, quit recently. So did the real estate heads of two property funds, Indiareit and Everstone Capital. They......

Piramal plans to sell part of Worli's Gulita

Billionaire Ajay Piramal is set to reap another windfall through a Mumbai property deal.According to sources, Piramal has plans to sell part of Gulita, his sea-facing property in Worli, Mumbai, for......

Peninsula defers hospitality, new ventures to save

Peninsula Land Ltd, a unit of the Ashok Piramal group, is deferring its plans to build business hotels by at least six months to preserve cash, a company official has said. In May last year,......

Lehman meltdown makes realtors run for funds

Real estate companies such as Unitech, Peninsula Land, HDIL and Future Capital, the financial services arm of Future Group, are in talks with investors including some leading private equity funds......

Rs 8,000-cr premium realty projects face delay

On June 20, 2005, India's largest real estate company DLF bought the 17.5 acre Mumbai Textile Mills land for Rs 702 crore from the National Textile Coporation (NTC) and announced a futuristic......

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