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.
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