K Raheja Signed 3 acre JV Deal in Mahalaxmi Mumbai with Modern India

K Raheja Signed 3 acre JV Deal in Mahalaxmi Mumbai with Modern India


1 year(s) ago

K Raheja Corp Homes Announce New Luxury Project in South Mumbai. Mumbai  Leading real estate developer K Raheja Corp Homes has announced a new ultra-luxury housing project in Mumbai’s prestigious Mahalaxmi locality. K Raheja Corp has signed a 3-acre JV Deal in Mahalaxmi, Mumbai with Modern India to develop an ultra-luxury residential project by the name of Raheja Modern Vivarea.

Key details include:

  • Location: 3-acre prime land parcel in Mahalaxmi
  • Project Size: 1 million square feet
  • Development Partner: Modern India (landowner)
  • Project Name: Raheja Modern Vivarea

Project Highlights:

  • Two super-structure towers offering 3 & 4 bedroom apartments
  • Spacious living areas – up to 8,500 sq ft per unit
  • West-facing apartments with panoramic views (Arabian Sea, Racecourse, Golf Course)
  • Expected completion by 2028

Collaboration and Expertise:

  • Modern India to receive a share of sales revenue.
  • K Raheja Corp Homes to leverage its experience in developing high-end residences in South Mumbai (e.g., Raheja Vivarea and Raheja Artesia).

Significance for the Area:

  • Adds to the existing luxury residential offerings in South Mumbai, a highly sought-after location.
  • Follows the recent trend of collaborations and investments in Mahalaxmi’s luxury real estate market (e.g., Shapoorji Pallonji in The Minerva project).

Overall, this project reinforces K Raheja Corp Homes’ position as a prominent developer in Mumbai’s luxury housing segment.

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

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