Rs 800 crore worth project to come up near Lilavati hospital
Plots near Lilavati Hospital is soon going to see many development, thanks to Oberoi Realty.
Oberoi Realty, a real estate based company is in the advanced stage of making a deal with Om Metals Consortium.
The deal consists of a development project worth Rs 800 crore at Bandra Reclamation.
The 6 lakh square feet plot is located near Lilavati Hospital, of which about 2 lakh square feet will be taken for construction of luxurious residential project.
The developer group is expecting a revenue profit of around Rs 300 crore, if apartments sold at Rs 30000 per square feet.
They also plan to rebuild the transit camps and rehabilitation of slum dwellers which occupy in most part of the land.
Source: The Times of India
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