Mumbai, March 20 -- The company plans to develop a luxury residential project on this site, leveraging FSI benefits and clubbing schemes under DCPR 2034, with an estimated gross development value (GDV) of Rs 80 crore.

The project will feature 2 BHK and 3 BHK apartments, strategically located near the upcoming Siddhivinayak Metro Station. It aims to meet the demand for luxury living and enhance the company's footprint in the real estate sector.

Rahul Thomas, promoter and whole-time director of Suraj Estate Developers, said, "This strategic acquisition aligns with our vision to create exceptional luxury living spaces in prime locations. We are confident that this project will meet the evolving needs of discerning buyers and contribute to ...