Market Sources, 2009-09-01
by India Research Team
Delhi, India
GOVERNMENT’S DECISION
Government to re-auction the Finlay Mill at Mumbai
As reported in The Economic Times, Textile Ministry has decided to re-auction the 10.3-acre Finlay Mill property in central Mumbai. The Ministry has rejected the INR 710-crore bid by Lodha Developers on August 29. The ministry will re-bid the mill to receive a better price.
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Colliers International is a global affiliation of independently owned commercial real estate firms. The organization's 11,000 employees span the world in 293 offices in 61 countries. On a worldwide basis, Colliers manages 868 million square feet, and has revenue of over USD 2 billion.
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