Monday, October 17, 2005

Stocks of cos owning real estate in Mumbai fall (The Hindu)


Stocks of cos owning real estate in Mumbai fall (The Hindu)
STOCK prices of companies, which own huge real estate in Mumbai, fell sharply following the Bombay High Court's judgment setting aside the sale of National Textile Corporation (NTC)'s land in the city.

Mumbai real estate gold mine shrinks (The Telegraph)
Mumbai, Oct. 17: Mumbai High Court today stunned real estate developers by putting out of their reach 400 acres in the heart of the cramped metropolis.

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