Shraddha Prime Projects Ltd announces Development Agreement with Himgiri Cooperative Housing Society Limited in Mulund West, Mumbai

Shraddha Prime Projects Limited ('Shraddha Prime' or 'the Company') has entered into a Development Agreement with Himgiri Co-operative Housing Society Limited ('Himgiri Society') for a redevelopment project in Mulund West, Mumbai.

Spread across 1 acre of land, equivalent to 4,022 square meters, this project will be a multistoried high-rise tower in Veena Nagar - Phase 2 at Mulund West, Mumbai. Shraddha Prime has also made a payment of Rs. 2,60,15,100 towards stamp duty on the registration of the Development Agreement.

The project is in line with the Company's mission to develop distinguished properties that offer modern living standards. With a firm dedication to excellence and client fulfillment, the company looks forward with enthusiasm to the completion of this project.

Commenting on this development, Mr. Sudhir B. Mehta, Managing Director said, "We are excited to collaborate with Himgiri Society on this prestigious project. Our team is diligently working on the planning phase and will soon seek necessary approvals to commence construction in the upcoming Financial Year. We are dedicated to expanding our development portfolio in key areas of Mumbai, aiming to enhance the company's overall performance".

Source : Equity Bulls

Keywords

ShraddhaPrimeProjects DevelopmentAgreement HimgiriCooperativeHousingSociety RedevelopmentProject MulundWest Mumbai