Mantra Group to develop real estate project in Mumbai, Pune
Real estate firm Mantra Group has raised Rs 340 crore in funding from ASK Asset & Wealth Management Group. Through this fund, the firm plans to develop Rs 3,000 crores worth project in Jogeshwari, Mumbai.
Further, the firm plans to develop 2 projects in Pune. The firm's project in Mumbai has been stalled for over 17 years and will deliver 576 units. These projects would be developed over 9 acres of land in Jogeshwari, 5 acres in Wakad, and 8 acres in Mundhwa.
Also Read: Labdhi Lifestyle launches new commercial real estate project in Mumbai