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Tag Archive | "Reliance Infrastructure"

Shrinking 101-floor tower down to 80?

Tuesday, February 9, 2010

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REALTY SLOWDOWN MMRDA to float new tenders for Wadala tower The planned 101-floor tower at Wadala just got shorter. Faced with an unresponsive real-estate market, the Mumbai Metropolitan Region Development Authority, which is building the tower, has decided to scale it down to 80 floors.The MMRDA had initially planned to build the tower on 35 hectares of [...]

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Reliance Infrastructure looking at domestic banks to push projects

Friday, June 19, 2009

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Close to clinching second phase of Mumbai Metro project. Reliance Infrastructure (R-Infra) CEO Lalit Jalan is a man in a hurry. The Anil Dhirubhai Ambani (ADA) group company hasn’t yet got the contract for executing the second phase of the Mumbai Metro, but Jalan’s team has already started negotiating with domestic banks to tie up funds [...]

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