Friday 10 January 2014

The 5 best property deals in 2013

1. Hindustan Lever House

The purchaser is HDFC

Ramon House has been operating since 1977, Housing development Finance Corporation finally determined to purchase its own office. Deepak Parekh a Chairman had perpetually thought of Ramon House to be lucky. In the month of July, HDFC purchased Hindustan Unilever’s erstwhile headquarters in South Mumbai at Backbay Reclamation. Whereas the worth of the deal was not disclosed.

2. Darshan Apartments, Mumbai

The buyers are Bulchandani family

The cost not disclosed for this deal.
Sea facing apartment in Mount Pleasant Road is the latest deal in the building in Mumbai’s plush Malabar Hill area. The purchasers Bulchandani family in the same complex already owned three more duplex flats.

3. Commercial Real Estate

Abu Dhabi Investment Authority (ADIA) is the buyers

The Abu Dhabi Investment Authority with a strong move is investing USD 250 million in Hines India. Hines, that operates a portfolio of property offices round the world, is beefing up its existence in India. Abu Dhabi Investment Authority has already invested with Kotak property Fund.

4. Cadbury House, Mumbai

The purchase Dilipkumar Lakhi

A Grade-A realty sector property within the heart of the town was perpetually planning to be simple to sell, however the ultimate winner was a surprise. It wasn’t the standard realty suspects however an upscale diamond merchandiser who picked up Cadbury House on Pedder Road for an estimated cost.

5. Express Towers, Mumbai

Purchased by Panchshil Realty and Blackstone India

Blackstone that incorporates a substantial property presence across Country, additional another feather in its cap in November by finding out specific Towers within the heart of Mumbai’s Nariman district of business place. The precise numbers are difficult to come back, estimates counsel that the building was sold-out.

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