📋 Tender Overview
Scope : Construction of 140 Residential Units in Andheri locality of Mumbai, Maharashtra
Solitaire Group, through its subsidiary Honest Vastunirman, has acquired an over 20 acres of land parcel in Andheri locality of Mumbai from Arogya Bharti Health Parks and Arogya Bharati Hospitals for nearly Rs 550 crore.
The development will include construction of 140 residential units with carpet area of nearly 38,000 sq. ft., and post completion the developer will hand over to the seller within six years of the conveyance deed.
Honest Vastunirman has paid Rs 230 crore as part of the total consideration, and stamp duty charges of nearly Rs 33 crore towards registration has been paid. In February, 2023 Bai Kabibai & Hansraj Morarji Charity Trust, had sold its nearly 23 acres of land to Arogya Bharati Hospitals and Arogya Bharti Health Parks for Rs 539.83 crore. Honest Vastunirman has acquired the 20-acre land parcel from this plot.