Kalpataru secures ₹1,400 cr redevelopment project in Mumbai
after close1 source ↓written by the desknot a recommendation
- GDV
- ₹1,400 cr
- site in Andheri
- 3-acre
- creating
- 350 new apartments
- for rehabilitation
- 1.65 lakh sq ft
Kalpataru Ltd. has won redevelopment rights for a Mumbai housing society, valued at ₹1,400 cr GDV. The project will modernize a 3-acre site in Andheri West, creating 350 new apartments and 1.65 lakh sq ft for rehabilitation. This move capitalizes on urban renewal demand amid scrutiny of the company's financial metrics.
Not investment advice. For informational purposes only.