New Launch20 Mar 2025, 03:08 am
Suraj Estate Developers Acquires Land Parcel in Dadar for Rs. 80 Crores Residential Project
AI Summary
Suraj Estate Developers Ltd. has purchased a plot of land at Shivaji Park, Dadar (West), Mumbai, for a consideration of INR 4.75 Crores. The Company plans to develop a luxury residential project with an estimated gross development value (GDV) of ~Rs. 80.00 Crores. The project is expected to offer a saleable RERA carpet area of approximately 0.16 lakh square feet. The land parcel is strategically situated at Shivaji Park, offering scenic sea views and being in close proximity to the upcoming Siddhivinayak Metro Station.
Key Highlights
- Suraj Estate Developers Ltd. has acquired a land parcel at Shivaji Park, Dadar (West), Mumbai, for a consideration of INR 4.75 Crores.
- The Company plans to develop a luxury residential project with an estimated gross development value (GDV) of ~Rs. 80.00 Crores.
- The project is expected to offer a saleable RERA carpet area of approximately 0.16 lakh square feet.
- The land parcel is strategically situated at Shivaji Park, offering scenic sea views and being in close proximity to the upcoming Siddhivinayak Metro Station.
- The planned residential project will feature 2 BHK and 3 BHK apartments with spacious carpet areas.