What is the estimated revenue from the Atul Projects redevelopment project in Mumbai?

The redevelopment project in Borivali West, Mumbai, has an estimated revenue of around Rs 750 crore.

Where is the new housing redevelopment project by Atul Projects located?

The new housing redevelopment project is located in Borivali West, Mumbai, on a 2.76-acre land parcel.

Why is Borivali West considered a high-growth residential market by Atul Projects?

Borivali West is considered a high-growth market due to its excellent connectivity, lifestyle infrastructure, and ongoing buyer demand.

Home / Business and Economy / Atul Projects Bags Rs 750 Crore Mumbai Redevelopment

Atul Projects Bags Rs 750 Crore Mumbai Redevelopment

18 Nov

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Summary

Atul Projects secured a housing redevelopment project in Borivali West.
The project has an estimated gross development value of Rs 750 crore.
The company acquired 2.76 acres of land for this significant development.

Atul Projects Bags Rs 750 Crore Mumbai Redevelopment

Mumbai-based real estate firm Atul Projects has announced the acquisition of development rights for a substantial 2.76-acre land parcel in Borivali West. This prime location is expected to yield an estimated revenue of Rs 750 crore.

The company's Managing Director, Aakash Patel, expressed optimism about the area, citing its robust fundamentals. He noted that Borivali West offers excellent connectivity, desirable lifestyle infrastructure, and consistently strong buyer demand, all indicators of a thriving residential market.

Atul Projects has a well-established track record of developing numerous real estate projects within the Mumbai Metropolitan Region. This latest acquisition further solidifies its presence and strategic growth in one of India's most dynamic property markets.

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