Image Source: MagicBricks
Veer Global Infraconstruction Limited has signed two significant transactions that mark a milestone in its real estate development business. The company has signed:
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A Limited Liability Partnership Agreement with Parshwa Realtors LLP, and
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A Joint Development Agreement (JDA) with Navkarmik Landspaces LLP.
These transactions are for the development of Maharashtra land plots, including a premium plot in Nalasopara, East Mumbai. The transactions will unlock new residential and commercial development opportunities, in line with Veer Global's mission to deliver affordable luxury homes and expanding its footprint in the Mumbai Metropolitan Region.
The company, which has had developments like Veer One in Vasai under its belt, continues to focus on creating value-based real estate solutions. These joint ventures are poised to compress project execution timelines, optimize use of resources, and enhance shareholder value.
Sources: BSE India, Veer Global Infraconstruction Official Website, Reuters
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