Lodha Developer has acquired Washington House, the three-storey residential building owned by the US consulate on Altamont Road, for Rs 3.41bn: reports
Reports stated that Lodha Developer compete with Mahindra Lifespaces and Tata Housing whose bids ranged around Rs 3bn.
The three-storeyed Washington House covers 2,702 square metres, or nearly three-fourth of an acre and is listed as Grade III property and falls under the Coastal Regulation Zone II, says report.
India Infoline News Service / 08:59, Aug 25, 2014
The outlook is a flat start. The BankNifty has given a breakout but many of the large caps are remaining in a range keeping the main indices under pressure.