NITCO Limited, a prominent player in the tile manufacturing sector, has announced the sale of a valuable land parcel in Kanjurmarg East to Runwal for Rs. 232 crores. The land, covering 16,250 square meters (approximately 4 acres), is considered a strategic asset with considerable development potential.

The property is strategically located, offering excellent connectivity to major transportation links including the Eastern Express Highway, Jogeshwari – Vikhroli Link Road (JVLR), and Kanjurmarg Railway Station. Its value is set to increase further with the introduction of the upcoming Metro Line No. 4 and 6, which will enhance accessibility to the area.

Also Read: Godrej & Boyce and Godrej Properties to continue their association for land development in Vikhroli

You May Also Like

PHOENIX MILLS ANNOUNCES THE OPENING OF PHOENIX CITADEL, INDORE!

The Phoenix Mills Limited (PML), leading retail mall developer and operator, announced…

Dubai’s property market grows in double-digits – Transactions up by 32%; Sales Value rises by 23% in June quarter

Emaar Properties and Sobha Limited set the market pace, leading in registered…

Will Govt Reduce Stamp Duty To 2% From 5%?

At least this is what the developers community wants. CREDAI MCHI has…

Mumbai property registrations dips YoY in March 2023

Registration of properties in the Mumbai has fallen sharply in March 2023 compared…