Kolte-Patil Developers enters into Rs 120 crore JV

Pune-based developer Kolte-Patil Developers Limited, on Friday announced that it has entered into a Rs 120 crore co-development agreement with Metropolitan Lifespace Real Estate Developers Pvt. Ltd, for its redevelopment project, Jay-Vijay Society, in Ville Parle (E), Mumbai. Metropolitan Lifespace Real Estate Developers Pvt. Ltd. is promoted by IPFII Singapore 5 Pte. Ltd, an offshore entity managed and advised by J.P. Morgan Asset Management-Global Real Assets. Source: Mumbai News
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Trying to save mother, youth also drowns in Dombivli pond

A 45-year-old woman from Dombivli drowned after slipping into a pond where she had been washing clothes on Monday morning. Her 18-year-old son, who dived in to save her, also died. The deceased have been identified as Pramila Anjara and Nikhil.They were residents of Bhopar village. Source: Mumbai News
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2 other Thane corporators remanded in cop custody

A day after two corporators from Thane municipal corporation were sent to police custody for allegedly abetting the suicide of builder Suraj Parmar, two other corporators Hanumant Jagdale and Sudha Chavan, were on Sunday remanded in custody by additional sessions judge V V Bambarde to probe their role in the case. Source: Mumbai News
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