CPGRAMS directs Maharashtra government to address Lavasa residents’ grievances, Real Estate News, ET RealEstate

PUNE: The Central Public Grievance Portal (CPGRAMS) has directed the state government to address the grievances of Lavasa residents. In a reply to a complaint filed by Lavasa resident Suresh Goswami, under the apex association of Lavasa property owners, the centre has said that ‘land and colonization’ being state subjects should be addressed by the […]

CCI approves acquisition of RMZ’s commercial assets portfolio by Brookfield, Real Estate News, ET RealEstate

NEW DELHI: Fair trade regulator CCI on Tuesday approved the acquisition of realty firm RMZ‘s commercial assets portfolio and co-working business by global investment firm Brookfield. According to the information filed with the regulator, the deal involves the acquisition of certain real estate projects housed in RMZ Infotech, RMZ Galleria (India), RMZ North Star Projects, […]

Brookfield sole bidder for Jet Airways’ office in BKC, Real Estate News, ET RealEstate

MUMBAI: Global asset management firm, Brookfield Asset Management emerged as the sole bidder in the e-auction of two floors of office space belonging to Jet Airways in the Godrej BKC building at Bandra-Kurla Complex on Friday, offering the base price of Rs 490 crore, real estate industry sources said. “Yes, Brookfield has made the sole […]

Auction of Jet Airways’ BKC office piques buyers’ interest, Real Estate News, ET RealEstate

File photo MUMBAI: Despite the impact of Covid-19 on the real estate sector, the approaching auction of the Jet Airways office located in the Godrej BKC building in Bandra Kurla Complex has been stirring interest. Several corporate companies, a leading private bank, a prominent real estate fund and a global asset management firm have made […]

Lenders put Jet Airways’ BKC office on the block at reserved price of Rs 490 crore, Real Estate News, ET RealEstate

MUMBAI: The dedicated bankruptcy court has allowed lenders of defunct carrier Jet Airways to sell its office assets located in BKC, a prime commercial suburb of Mumbai. On June 11, the Principal Bench of the National Company Law Tribunal (NCLT) allowed the lenders to go ahead with the monetization plan for about 1.70 lakh square […]

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