Acquisitions17 Nov 2025, 03:32 pm
Shraddha Prime Projects Acquires Land Parcels in Borivali, Dadar & Bhandup with Estimated GDV of INR 1200 Crores
AI Summary
Shraddha Prime Projects Ltd has acquired development rights of land parcels situated in Borivali (East) and Dadar (West), Mumbai, and purchased a parcel of land in Bhandup (Nahur), Mumbai. The total land area acquired/purchased is approximately 9,693 square meters, which is expected to yield a carpet area of approximately 4,20,000 sq. ft. The estimated GDV of these projects is INR 1200 crores. This acquisition aligns with the company's vision of creating superior properties that cater to modern living standards.
Key Highlights
- Acquisition of development rights of land parcels in Borivali (East) and Dadar (West), Mumbai
- Purchase of a land parcel in Bhandup (Nahur), Mumbai
- Total land area acquired/purchased is approximately 9,693 square meters
- Expected to yield a carpet area of approximately 4,20,000 sq. ft.
- Estimated GDV of these projects is INR 1200 crores