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Sumit Woods Selected for Mumbai’s Station Plaza Redevelopment, Reinforcing City Revitalization Drive

Updated: May 14, 2025 11:17

Image Source: Business Upturn
Sumit Woods Ltd, a prominent name in Mumbai’s real estate redevelopment sector, has been officially selected as the developer for the ambitious Station Plaza redevelopment project in Mumbai. This selection marks another milestone for the company, known for its expertise in transforming urban landscapes and delivering high-quality, timely projects across the city.
 
Key Highlights:
  • Strategic Redevelopment Win: Sumit Woods’ selection for the Station Plaza project underscores its growing reputation as a trusted partner for large-scale redevelopment initiatives in Mumbai, a city where infrastructure renewal is a top priority.
  • Track Record of Timely Delivery: The company has a proven history of completing projects ahead of schedule, as seen in its Gurukrishna project in Vile Parle East, which was finished nine months early with 97% of units sold, and the ongoing Sumit KMR Param project in Borivali West.
  • Commitment to Quality and Sustainability: Sumit Woods is recognized for integrating modern amenities, sustainable design, and robust infrastructure into its developments, ensuring long-term value for residents and stakeholders.
  • Financial Strength and Market Presence: With over 38 years of experience, more than 64 completed projects, and a strong financial performance in FY24 (₹182 crore revenue, ₹30 crore EBITDA, ₹10 crore net profit), the company is well-positioned for continued growth.
  • Urban Impact: The Station Plaza redevelopment is expected to enhance connectivity, improve commuter experience, and contribute to the city’s broader urban renewal efforts.
Sumit Woods’ latest win not only strengthens its project portfolio but also signals a continued commitment to shaping Mumbai’s evolving skyline.
 
Sources: NSE Corporate Filings, Tribune India, Company Announcements

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