Tata Housing, Oberois and Runwal bid for prime Thane plot

Q: It seems that Tata Housing, The Oberois and Runwal Group are bidding for prime plot in Thane.

Deepankar Godbole, Mumbai

24th March 2014

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Replies (2)

WHETHER ANY SUCH PLOT AVAILABLE IN THANE WITH R-ZONE,FEW BUILDERS R LOOKING FOR?IF ANY ONE HAS PLZ WELCOME WITH UR PROPASAL,ALSO REDEVELOPMENT GD PROJECT CAN TRY FOR??

Sandeep, Thane

3rd May 2014

Comment

Hello Deepankar,
I heard that seven-acre property plot on Pokhran Road II, owned by Harsh Goenka of the RPG group, has been in Thane market for sale for the past three months and has gathered a lot of attention. Tata Housing Ltd is learnt to have emerged as one of the highest bidders amongst three, that have bid for the property. The other two bidders are Oberoi and Runwal group

Vineet Tendulkar, Mumbai

24th March 2014

Comment

Hello,
It seems that the property is estimated to fetch roughly over Rs 200 crore. A decision on the land is expected to be taken by the month-end. The MD of Tata Housing has said that the company is open to various opportunities to purchase land in the market. Looks like there will be intense bidding that will take place among the top 3 real estate giants.

Praveen Modi, Mumbai

24th March 2014