π Tender Overview
Scope : To Develop a Merushikhar Mixed-Use Andheri East Project in Mumbai, Maharashtra
Ahmedabad-based realty developer Savvy Group has forayed into the Mumbai property market and is planning to invest to acquire and develop project in the country's biggest and most expensive real estate market in the next few years.
To begin with, the company will be investing to develop project it has acquired is a mixed-use project in the cityβs western suburb of Andheri.
The company has acquired a land parcel spread over an acre on Parsi Panchayat Road in Andheri (East).
They have already finalised the plan, layout and have secured approval for the Andheri project. The construction of the project is expected to start soon and is scheduled to be completed in the next 3-5 years.
The Andheri East Project, Merushikhar, will be a mixed-use project with commercial and residential developments with a total construction area of 100,000 sq ft. The company is planning to develop apartments with one, two, and three-bedroom configurations here with retail and commercial units on the ground and first floor.