DMart’s parent company Avenue Supermarts Limited has invested Rs 88.74 crore in a property in Kandivali.

According to documents accessed by Square Feat India, provided by Propstack, the deal was signed on August 24, 2023.

The seller is Gauri Land Developers, and the buyer is Avenue Supermarts limited this is the parent company of DMart.

The property details includes, unit nos, 1, 2, 3 in the basement, unit nos, 1, 2, 3, in the ground floor, unit nos, 1, 2, 3 on the first floor, unit nos, 201, 202, 203, 204, 204, 206, 207, 208, on the second floor of the building Gauri excellency, Babrekar Nagar, Kandivali West, Mumbai.

The carpet area of the total deal is 45,876.92 sq ft, whereas the built-up area is 47,234.77 sq ft.

The total number of car parking that DMart will be able to access is 44.

Also Read: DMart CEO & Wife buys a house for ₹66 Crore in Bandra

You May Also Like

MMR and NCR Outperform Other Cities in Housing sales

MMR recorded highest sales of approx. 25,785 units, followed by NCR with…

Bandra luxury flat sold to Toppr Promoter for ₹41 Crore

By Varun Singh A luxury real estate deal was recently concluded in…

Will Mumbai See 10K Sales In January?

Mumbai real estate industry is upbeat, even after the hike of 1%…

Dharavi Redevelopment, Govt May Cancel Tender?

Tender for Dharavi Redevelopment which was floated in November 2018, could be…