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  • Business

Oversupply in Mumbai luxury housing looms large

 Property developers are dreaming of making Lower Parel, a former textile hub in central Mumbai, into a super-luxury residential address for the country's ultra-rich. However, analysts and property......

Housing prices in Mumbai aim for the sky, again

 Apartments at Ashok Towers in the Parel area of Mumbai command a price of Rs 28,000-29,000 a sq ft. This is higher than what developers were charging at the peak of the property market boom......

Lodha plans year-end IPO

 Mumbai-based real estate firm Lodha Developers plans a public issue by the year-end to raise between Rs 2,000 and 2,500 crore (Rs 20 to Rs 25 billion), according to sources. The company is valued......

All you want to know about smart homes

 In May this year, telecommunications giant Siemens unveiled its Smart Home services in Asia. With these services one can turn on central heating from the office PC, use mobile phones to set a......

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