Sheth Homes inks pact for nearly 1-million-sq-ft joint development in Mumbai’s Kandivali
The project is the free-sale component of a slum rehabilitation project and the Ashwin Sheth Group company will be investing over Rs 400 crore to develop this portion of the project. As per the agreement, Sheth Homes will also pay Rs 100 crore deposit to be paid to Bombay Slum Redevelopment Corporation in tranches for acquiring the development rights. The entire project is spread over nearly 8 acre of land parcel.
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