B-Right Realestate Ltd Subsidiary Signs MoU for Major Real Estate Development in Parel
B-Right RMBD Developers LLP, the step-down subsidiary of B-Right Realestate Limited, has entered into a Memorandum of Understanding (MoU) related to the development of two residential projects: Viswas Niwas 8 and Viswas Niwas 9. The project is located at Village Parel.The MoU covers the development of these sites, which feature a land area totaling 1,081.95 Sq. Mtr. The development is anticipated to generate substantial returns, with the expected Gross Development Value (GDV) set at Rs. 179 Crores.
The project scope details include:
| Metric | Details |
|---|---|
| Project Name | Viswas Niwas 8 and Viswas Niwas 9 |
| Location | Village Parel |
| Land Area | 1,081.95 Sq. Mtr. |
| Expected Total Sales Area | 45,760 Sq. Ft. |
| Expected Gross Development Value (GDV) | Rs. 179 Crores |
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