Mumbai's Housing Landscape Set to Transform with Paradigm Realty's 11 Redevelopment Projects
Paradigm Realty, Mumbai, housing societies, real estate, Bandra, Kandivali, redevelopment projects
Real EstateMumbaiHousing SocietiesRedevelopment ProjectsParadigm RealtyReal EstateJun 28, 2024
The projects in Bandra's prestigious Pali Hill area boast a development potential of approximately 1.5 Lakh SqFt, while the Carter Road projects have a construction area of nearly 1.6 Lakh SqFt. Both these projects cover approximately 0.5 Acres of land and are estimated to generate revenues of INR 500 Crore each.
Meanwhile, the Mahavir Nagar project in Kandivali has a development potential of over 2.5 Million SqFt, with a Gross Development Value (GDV) of nearly INR 3,500 Crore. This strategic move by Paradigm Realty in these prime locations is set to transform the landscape significantly and expects substantial growth from these projects.
These redevelopment projects are a vital step towards addressing the city's housing needs and providing residents with modern amenities and infrastructure. With its expertise in real estate development, Paradigm Realty is poised to deliver high-quality projects that will set a new benchmark for housing societies in Mumbai.
Information
Paradigm Realty is a prominent real estate developer in India, known for its commitment to delivering quality projects that meet the evolving needs of homeowners. The company has an impressive track record of completing projects on time and has earned a reputation for its transparency and customer-centric approach.
Biltrax Media is a leading provider of construction data and insights, tracking over 31,000 projects on its technology platform. The platform offers exclusive access to upcoming projects in India, providing actionable insights and a competitive advantage for businesses operating in the Indian construction market.
Frequently Asked Questions
What is the total development value of the 11 housing societies to be redeveloped by Paradigm Realty?
The total development value of the 11 housing societies to be redeveloped by Paradigm Realty is INR 4,500 Crore.
Where are the housing societies located?
The housing societies are located in Mumbai's western suburbs, specifically in Bandra and Kandivali.
What is the development potential of the Mahavir Nagar project in Kandivali?
The development potential of the Mahavir Nagar project in Kandivali is over 2.5 Million SqFt, with a Gross Development Value (GDV) of nearly INR 3,500 Crore.
What is the reputation of Paradigm Realty in the Indian real estate market?
Paradigm Realty is a prominent real estate developer in India, known for its commitment to delivering quality projects that meet the evolving needs of homeowners.
How many projects are tracked on Biltrax Media's technology platform?
Biltrax Media tracks over 31,000 projects on its technology platform.
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