LONDON - India-based real estate investment company Ishaan Real Estate Plc. told that it has leased and pre-let 577,000 square feet of office and retail space, growing the total area of leased and pre-let space in its commercial and retail development projects to 2.4 million square feet.
Ian Henderson chairman of Ishaan Real Estate Plc. told that they are predicting to make strong progress on construction and leasing activity during the remainder of 2008.
The company said around twenty percent of the saleable residential space in its first-class residential development project, Vivarea, in central Mumbai city, has now been pre-sold, also at prices above those expected at the time of admission.
Ishaan Real Estate said pre-sales of the apartments commenced at the end of October and are experiencing strong demand.
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