Indiabulls Real Estate Enters in to JV Deal in Worli, Mumbai

Indiabulls Real Estate Enters in to JV Deal in Worli, Mumbai

Indiabulls Real Estate Partners for Luxury Development in Mumbai’s Worli. Mumbai’s real estate landscape is set to see a new addition as Indiabulls Real Estate announced a joint venture Project in Worli, Mumbai with Oricon Properties on 7800 sq. meter land.

Key Points:

• Developer: Indiabulls Real Estate (through subsidiary Tapir Realty Developers)
• Partner: Oricon Properties (subsidiary of Oricon Enterprises)
• Location: E Moses Road, Worli, Mumbai
• Land Area: Over 7,800 sq meters
• Project Details: Likely a high-end residential development based on the location and developer focus.

Context:

• This news comes after Indiabulls Real Estate raised Rs 435 crore through various sources in March 2016.
• The company has a strong presence in India with over 10 projects underway and a total saleable area exceeding 30 million sq ft.

Significance:

• This joint venture indicates Indiabulls Real Estate’s continued investment in the Mumbai market, particularly in prime locations like Worli.
• Details about the project are yet to be revealed, but its location suggests a focus on luxury residential development.

Additional Information:

• Indiabulls Real Estate has a proven track record with projects across Mumbai, NCR, and Chennai.

This news update highlights Indiabulls Real Estate’s expansion plans in Mumbai’s premium segment. The project’s location and the developer’s experience suggest a potential high-end residential development in Worli.

 

Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article or want to publish your news or article please email news@jvdeals.in