Sumit Woods Secures OC for Gurukrishna Project with 97% of Units Sold

Mumbai-based real estate redevelopment company, Sumit Woods Limited, has successfully secured the Occupancy Certificate (OC) for the Gurukrishna project, with 97% of the units already sold. This milestone underscores the company's commitment to delivering

Real EstateOccupancy CertificateRedevelopmentSumit Woods LimitedGurukrishna ProjectReal Estate MumbaiMar 18, 2025

Sumit Woods Secures OC for Gurukrishna Project with 97% of Units Sold
Real Estate Mumbai:Mumbai (Maharashtra) [India], March 18: Sumit Woods Limited (NSE - SUMIT), a renowned real estate redevelopment company with over 38 years of experience in the industry, has achieved a significant milestone by securing the Occupancy Certificate (OC) for its Gurukrishna project in Mumbai. This accomplishment is a testament to the company’s dedication to delivering high-quality projects and meeting regulatory requirements efficiently.

The Gurukrishna project has seen an overwhelming response from buyers, with 97% of the units already sold. This success is a reflection of the trust and confidence that homebuyers have placed in Sumit Woods Limited. The company’s track record of timely project completions and adherence to quality standards has played a crucial role in this achievement.

Sumit Woods Limited, founded in 1985, has a rich history of transforming urban landscapes through innovative real estate solutions. The company specializes in redevelopment projects, focusing on creating modern, sustainable, and livable spaces that enhance the quality of life for residents. The Gurukrishna project is a prime example of this commitment, featuring modern amenities and thoughtful design.

Securing the OC is a rigorous process that involves multiple inspections and approvals from local authorities. The successful acquisition of the certificate ensures that the project meets all the necessary safety and regulatory standards. This milestone also paves the way for the handover of units to the buyers, who have been eagerly awaiting the completion of their new homes.

The Gurukrishna project is located in a prime area of Mumbai, known for its excellent connectivity and vibrant community. The project offers a range of residential units, from spacious apartments to luxurious penthouses, catering to diverse needs and preferences. The development includes a host of amenities such as a gym, swimming pool, children’s play area, and landscaped gardens, making it an ideal choice for modern families.

Sumit Woods Limited has consistently demonstrated its ability to navigate the complex real estate market in Mumbai, one of the most dynamic and competitive cities in India. The company’s focus on sustainability and customer satisfaction has been a key factor in its success. The successful completion of the Gurukrishna project further cements Sumit Woods Limited’s position as a leading player in the real estate sector.

Looking ahead, Sumit Woods Limited is poised to build on its success with several upcoming projects. The company’s pipeline includes a mix of residential and commercial developments, each designed to meet the evolving needs of the market. The team at Sumit Woods Limited remains committed to delivering exceptional value and quality to its customers, ensuring that they continue to exceed expectations.

In conclusion, the securing of the Occupancy Certificate for the Gurukrishna project is a significant achievement for Sumit Woods Limited. It reflects the company’s dedication to quality and reliability, and sets a high standard for future projects. The 97% unit sale rate is a clear indicator of the strong demand for Sumit Woods Limited’s offerings and the confidence that buyers have in the brand. As the company moves forward, it remains focused on innovation and excellence, aiming to create living spaces that enrich the lives of its residents.

Frequently Asked Questions

What is an Occupancy Certificate (OC)?

An Occupancy Certificate (OC) is a legal document issued by local authorities to a building owner, confirming that the construction has been completed as per the approved plans and complies with all safety and regulatory standards. It is required before a building can be used or occupied.

What is the significance of securing an OC for the Gurukrishna project?

Securing the Occupancy Certificate for the Gurukrishna project is significant as it ensures that the project meets all regulatory and safety standards. It allows Sumit Woods Limited to hand over the units to buyers, who have been eagerly awaiting the completion of their new homes.

How many units are sold in the Gurukrishna project?

97% of the units in the Gurukrishna project have already been sold, reflecting the strong demand and confidence that buyers have in Sumit Woods Limited.

What amenities are included in the Gurukrishna project?

The Gurukrishna project includes a range of amenities such as a gym, swimming pool, children’s play area, and landscaped gardens, making it an ideal choice for modern families.

What is Sumit Woods Limited’s approach to real estate development?

Sumit Woods Limited focuses on sustainable and innovative real estate solutions, specializing in redevelopment projects that enhance urban landscapes. The company is committed to delivering high-quality projects that meet the evolving needs of the market and exceed customer expectations.

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