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Lodha's ₹365 crore deal: Sewree gets a luxury makeover

Lodha's ₹365 crore deal: Sewree gets a luxury makeover

Lodha Developers just dropped a colossal ₹364.80 crore bomb in Mumbai's Parel-Sewree, teaming up with Sahana Properties for a land smackdown! Over 10 acres are set to become a luxury haven with stunning three-and-four bedroom apartments. Get ready for five years of construction magic and a revenue split that’s sweeter than a championship belt!

Quick rundown

  1. Lodha Developers enters a ₹364.80 crore JDA in Mumbai.
  2. The project spans 10.26 acres in Parel-Sewree.
  3. Revenue sharing is set at 67% for Lodha and 37% for Sahana.
  4. The project involves slum redevelopment under the SRA.
  5. Mumbai's eastern corridor remains a strategic redevelopment area.

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