B-Right Realestate Ltd has been appointed for the redevelopment of a prime Mumbai site, expected to generate 33,158 square feet of developed space with a gross development value (GDV) of Rs 935.6 million. This project marks a significant addition to the company’s portfolio and underscores its expansion in Mumbai’s urban housing market.
B-Right Realestate Ltd, a prominent player in Mumbai’s real estate sector, has secured a contract to redevelop a strategic parcel in the city. The site, situated in a coveted neighborhood, will be transformed into a high-value residential or mixed-use space. Upon completion, the project will yield an estimated 33,158 sq. ft.—demonstrating efficient land use and promising returns for stakeholders.
The gross development value (GDV) for this redevelopment is projected at Rs 935.6 million, reflecting robust demand for quality real estate in Mumbai. B-Right Realestate’s ongoing and upcoming projects contribute to its reputation for timely delivery and customer-focused design in a competitive market.
This redevelopment deal also highlights the company’s expertise in navigating regulatory challenges and securing high-impact urban contracts. B-Right Realestate is well-positioned to leverage this project to boost its market share and brand visibility, as Mumbai’s real estate sector continues its resurgence driven by infrastructure growth and population expansion.
Key Highlights:
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B-Right Realestate Ltd appointed for major redevelopment in Mumbai
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Site redevelopment to yield 33,158 sq. ft. of developed area
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Gross development value estimated at Rs 935.6 million
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Project enhances B-Right Realestate’s Mumbai portfolio and market presence
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Company recognized for expertise, regulatory compliance, and customer-centric approach
Sources: ScanX Trade, Reuters, B-Right Realestate Ltd official exchange filings