| Work Detail |
Roha Realty has recently signed a deal with MHADA to redevelop two large societies at Subhas Nagar, in Chembur locality of Mumbai for Rs 300 crore. The investment strategy is in line with adhering to completion deadlines and quality aspects, wherein the upscale projects architectural and design features have been finalised. The new property will comprise apartments, featuring best-in-class amenities in line with the opulent plan, and benchmark sustainability practices reflected in energy-efficient construction, resource conservation with wastewater management and fire safety, and security. The construction work to combine both societies into one is expected to begin with the launch anticipated in October this year. Moreover, the premium developer expects to fund the project through internal accruals and institutional finance. Chembur has the advantage of central location with easy access to the Eastern Express Highway and Navi Mumbai via the Eastern Expressway. Also, Chembur offers significant investment opportunities due to its proximity to the business hubs of BKC and Powai. |
