Luxurious Apartment in Mumbai in Place of Studio
A luxurious apartment will be constructed in the place of a famous Studio in Mahalaxmi. One of the oldest studios in the city was bought by Piramal realty.
In the joint development agreement with the owner of the studio, Piramal realty will construct a luxurious residential apartment in Mumbai.
The total cost of the project is estimated to Rs 300 crore. The residential apartment will be constructed in an area of 1.5 acres.
Piramal realty also planning to construct another residential apartment in Worli, where they have acquired the property of Uniliver’s Gulita for Rs 452 crore.
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Source: Hindustan Times
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