New Launch15 Apr 2026, 02:45 pm
Shraddha Prime Projects gets CC for Mulund project; expects ₹450 Cr revenue
AI Summary
Shraddha Prime Projects Ltd has received the Commencement Certificate (CC) for its new redevelopment project, "Shraddha Paradise Enclave," located in Mulund (West), Mumbai. The project involves the redevelopment of Himgiri CHS, featuring a residential RERA carpet area of approximately 1,30,000 sq. ft. and a commercial RERA carpet area of about 20,000 sq. ft. The company projects an estimated revenue generation of ₹450 crore from this project over the next three years. This development reinforces Shraddha Prime Projects' presence in Mumbai's real estate market, particularly in capitalizing on redevelopment opportunities and expanding its portfolio in key suburban micro-markets.
Key Highlights
- Shraddha Prime received CC for "Shraddha Paradise Enclave" in Mulund, Mumbai.
- Project includes 1.3 lakh sq ft residential and 20k sq ft commercial RERA area.
- Expected to generate ₹450 crore revenue over the next three years.
- Strengthens company's footprint in Mumbai's redevelopment market.