📋 Tender Overview
Scope : To Develop a Residential Redevelopment Project in Ghatkopar 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 residential redevelopment project in the city’s central suburb Ghatkopar.
The company has inked an agreement to redevelop a large housing society, Sindhu Baug Society, spread over nearly 1.5 acres in Ghatkopar.
They are in the process of finalised the plan, layout and have secured approval for the Ghatkopar project. The construction of the project is expected to start soon and is scheduled to be completed in the next 3-5 years.
The residential redevelopment project in Ghatkopar, with existing 90 members of the housing society, will be a premium development with configurations of large three and four-bedroom apartments. Total construction area in this project will be over 200,000 sq ft.
