Mumbai's Borivali area is
gearing up for a significant transformation as Kanakia Spaces commits ₹1,100
crore to redevelop local housing societies. The projects will span 3.3 acres,
unlocking over 1.2 million sq. ft. of development potential, including six lakh
sq. ft. for saleable rehab space. With a gross development value (GDV) expected
to surpass ₹1,500 crore, the redevelopment aims to uplift Borivali's
residential landscape, offering modern infrastructure and improved living
spaces.
Borivali Set for Major Overhaul with ₹1,100 Cr Redevelopment Boost
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