Nitco sells 4-acre land parcel in Mumbai to Runwal for ₹232 crore

Nitco Ltd has offered a first-rate land parcel positioned in Kanjurmarg East to Runwal for ₹232 crore. The land parcel, spanning 16,250 sq. meters or 4 acres, is a strategic asset with important potential, the corporate mentioned.

Located in a first-rate location, the land parcel provides wonderful connectivity to key transportation hyperlinks such because the Japanese Specific Freeway, Jogeshwari – Vikhroli Hyperlink Highway (JVLR), and Kanjurmarg Railway Station. The realm will quickly profit from enhanced accessibility with the upcoming Metro Traces, additional including to its worth and attraction, it mentioned.

Runwal is a serious participant in Mumbai’s actual property sector with a portfolio of residences, places of work, and malls. It has 14 ongoing initiatives in Mumbai and the encircling area.



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