Ajmera Realty’s Redevelopment Saga: Transforming Borivali’s Housing Landscape!
Ajmera Realty, a Mumbai-based real estate developer, has announced plans to redevelop four residential societies in Borivali West. The project is estimated to cost Rs 330 crore and will generate 1.07 lakh square feet of carpet area.
The four societies that will be redeveloped are:
- Shree Sai Krupa Cooperative Housing Society
- Shree Swami Samarth Cooperative Housing Society
- Shree Siddhivinayak Cooperative Housing Society
- Shree Shanidev Cooperative Housing Society
The redevelopment project will involve the demolition of the existing buildings and the construction of new high-rise towers. The new towers will offer a range of amenities, including swimming pools, gyms, gardens, and clubhouses.
The redevelopment project is expected to be completed within three and a half years.
The redevelopment of these four societies is a positive development for Borivali West. It will help to improve the housing stock in the area and will also boost the local economy.
Here are some of the benefits of the redevelopment project:
- Improved housing stock: The new high-rise towers will offer modern and spacious apartments to residents.
- Boosted local economy: The redevelopment project will create jobs and generate revenue for the local economy.
- Improved infrastructure: The new towers will be equipped with modern amenities and infrastructure.
- Better quality of life: The redevelopment project will help to improve the quality of life for residents of Borivali West.
Overall, the redevelopment of these four societies is a welcome development for Borivali West. It is expected to have a positive impact on the area and its residents.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
