Roha and Sabari unite for Rs 1000 crore Mumbai realty project
This collaboration aims to redefine the standard of living in Chembur, emphasizing sustainability and contemporary amenities.
Hyderabad: Roha Realty and the Sabari Group have jointly announced a significant venture in Chembur, marking a milestone for Roha Realty's influence in Mumbai's real estate scene. This collaboration aims to redefine the standard of living in Chembur, emphasizing sustainability and contemporary amenities.
Their joint project spans 6 lakh sq. ft., with an estimated revenue of Rs. 1000 crore. Set to launch in the first quarter of FY 24-25, this initiative showcases Roha Realty's dedication to high-quality development in Chembur.
Moreover, Roha Realty recently entered a redevelopment agreement with MHADA for two societies in Subhash Nagar, aligning with their commitment to enhancing residents' living experiences. This collaboration with Sabari Group, alongside the Subhash Nagar redevelopment, anticipates generating around Rs. 1,500 crore in revenue. Additionally, there's a forthcoming Rs. 500 crore project in the same area.
Focusing on delivering enduring value, Roha Realty emphasizes a customer-centric approach and aims to be a premier real estate developer in India. Mr. Harshvardhan Tibrewala, Director of Roha Realty, expressed excitement about the collaboration, emphasizing the shared goal of offering luxurious, exclusive, and sustainable living spaces in Chembur.
Mr. Surinder Sharma, Founder of Sabari Group, highlighted the collaboration's potential success, leveraging their legacy and Roha Realty's expertise. He emphasized their commitment to timely delivery, customer service, and sustainable development practices, acknowledging Roha Realty's reliability as a developer.
