Mumbai’s biggest slum redevelopment plan gets going
MUMBAI: The largest slum redevelopment scheme in Mumbai—and possibly in
India—is underway in the island city. Omkar Realty and Developers Pvt
Ltd has tied up with Larsen and Toubro Realty, a subsidiary of L&T,
to develop a Rs 7,000 crore-plus residential project spread over a
17-acre slum sprawl in Bhoiwada, Parel.
L&T, which is the majority partner, will design, construct and market the high-end luxury apartments with Omkar. The project will have 1,200 apartments spread over 3 million square feet in six towers, each 40-60 floors tall. Flats in this area are currently quoted at approximately Rs 15,000 a sq ft.
L&T, which is the majority partner, will design, construct and market the high-end luxury apartments with Omkar. The project will have 1,200 apartments spread over 3 million square feet in six towers, each 40-60 floors tall. Flats in this area are currently quoted at approximately Rs 15,000 a sq ft.
good....work..
ReplyDelete