Kalpataru signs redevelopment agreements for housing projects in Mumbai
Engineering and construction firm Kalpataru Limited has signed an agreement to redevelop 2 housing societies covering an area of 7.37 acres in the eastern suburb of Chembur and the western suburb of Goregaon. The firm would develop 1.5 million sq ft of land with a revenue potential of Rs 2,000 crore.
The projects would have 480 units to be sold in the open market and over 320 units to be rehabilitated.
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