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Old June 16th, 2013, 10:04 AM   #21
SkYsCrApEr2013
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The colourful cladding
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Old July 2nd, 2013, 11:34 PM   #22
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A more recent update (Feb 2013)

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Originally Posted by jinka sreekanth View Post
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Old July 21st, 2013, 01:47 AM   #23
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April 2013 video update of Orbit Terraces

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Originally Posted by Suncity View Post
mpe?

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Old October 1st, 2013, 05:25 AM   #24
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side-view; an August photo-update

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Originally Posted by jinka sreekanth View Post
photocopyright kalpesh jain
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Old December 11th, 2013, 04:20 AM   #25
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Google Earth view of Orbit Terraces beside Elphinstone Flyover:
(you can see World One and World Crest are not far away… the city is one big construction site now)


source: mpe
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Old February 1st, 2015, 12:40 AM   #26
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Orbit Corp to pare down (remove) Rs. 300 crore debt in the first two quarters of 2015.

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Pujit Aggarwal,managing director and chief executive officer, Orbit Corporation, says the company is aiming to pare its debt by Rs 300 crore in the next two quarters and is also in final round of talks with an asset restructuring company (ARC).

Reema: How are you planning to pare down your debt by Rs 300 crore, will you sell some property?
A: We would be monetising some assets. we have in fact in this quarter monetised one particular asset, we realised about Rs 16.5-17 crore from that and we would be monetising at least two more of our assets from which we will be able to pare the debt.

Reema: What is the size of these two assets?
A: One asset is about Rs 200-225 crore. The other would be about Rs 75-80 crore.

Latha: Can you name which these are? You also said two more will come into sales, that would be of a lot of consumer interest as well as investor interest, which are coming in, which are likely to be sold?
A: The two projects which would be coming in -- one is that Napeansea Road called Villa Orb Annexe and the second one is at Lower Parel called Orbit Terraces which was stalled for the last three years.
So that particular project will be coming back on stream.
As far as Villa Orb Annexe is concerned, in the next month we should be able to start construction on that altogether.
As far as monetisation is concerned, one of our projects at Santa Cruz is what we are expecting to monetise and there is another project at Lower Parel, which we had acquired, that is the other one that we are planning to monetize.
source

Expect Orbit Terraces to resume construction within the next few months.
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