10 housing Societies in Ghatkopar have signed a redevelopment agreement, in Ghatkopar locality.

The redevelopment agreements have been signed between May 25 to June 10 of this year.

According to documents accessed by SquareFeatIndia provided by Zapkey the total worth of these 10 redevelopment agreement is Rs 264.09 Crore.

The total area of these 10 housing societies is 12,262 sq mts.

The 10 housing societies are Neelkanth Chhaya CHSL, Balaji Prasad CHSL, Ashwamedh CHSL, Shree Natraj CHSL, Lalit Prakash
CHSL, Belvedere CHSL, Honeycomb CHSL, Sarvabandhu CHSL, Awadhpuri CHSL, and Meenalochani CHSL.

The redevelopment agreements has been signed between MICL Group and the 10 housing societies. The 10 societies consists of 224 flats.

You May Also Like

Budget announced, here’s what the real estate industry thinks about it

Budget was presented by the Finance Minister Nirmala Sitharaman, on Tuesday, the…

Residential homes sold in MMR are likely to expand by 8-9% in FY2024 supported by continued end-user demand and healthy affordability: ICRA 

ICRA estimates the area sold in the Mumbai Metropolitan Region (MMR) to…

Maharashtra May Witness Rise In Women Homebuyers

Maharashtra government’s decision to give women homebuyers a 1% concession in stamp…

Puravankara Expands Redevelopment Portfolio with High-Profile Projects in Mumbai

Puravankara Limited has significantly expanded its redevelopment portfolio with two major projects. In Mumbai, the company has acquired redevelopment rights for the prestigious Miami Apartments in Breach Candy, marking its entry into the high-end South Mumbai market. Additionally, Puravankara is extending its presence in Lokhandwala, Andheri West, with new redevelopment projects. In Bengaluru, a Joint Development Agreement has been signed for a 1.95-acre land parcel in Electronics City, further bolstering Puravankara’s footprint in key real estate markets.