Finance
Sock JohnsonLodha's ₹365 crore deal: Sewree gets a luxury makeover
Lodha Developers just dropped a colossal ₹364.80 crore bomb in Mumbai's Parel-Sewree, teaming up with Sahana Properties for a land smackdown! Over 10 acres are set to become a luxury haven with stunning three-and-four bedroom apartments. Get ready for five years of construction magic and a revenue split that’s sweeter than a championship belt!
few days ago | Sunainaa Chadha
Quick rundown
1.Lodha Developers enters a ₹364.80 crore JDA in Mumbai.
2.The project spans 10.26 acres in Parel-Sewree.
3.Revenue sharing is set at 67% for Lodha and 37% for Sahana.
4.The project involves slum redevelopment under the SRA.
5.Mumbai's eastern corridor remains a strategic redevelopment area.
