Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], July 21: Veena Developers, a leading real estate developer in Mumbai, has entered into an agreement to redevelop a housing society in Mumbai’s Lokhandwala into a luxury complex. The project will be executed on a plot owned by Oshiwara Vishaka CHSL, presenting a remarkable revenue potential of approximately INR 550 to 600 crore for the company. According to official registry data, the developer has already executed the development agreement by paying a stamp duty of INR.4.07 crore. It is also estimated that the redevelopment will lead to a construction potential of approximately 4 lakhs Sq Ft. Business News | Veena Developers to Redevelop Lokhandwala, Andheri (W) Residential Society into Luxury Complex.
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