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Wadhwa, Thakur Group to jointly develop mix-use project in Kandivali, Mumbai

Mumbai, Feb 17 () City-based realty player Wadhwa Group has entered into an agreement with the Thakur Group to jointly develop a mix-use project on a two-acre land parcel in Kandivali in the megalopolis, a venture that has a revenue potential of Rs 900 crore.Both entities have entered into an area-sharing agreement whereby a part of the total 3.5 lakh sqft of developable area and the sales thereof would be handed over to the Thakur Group, once the project is completed. “We are always on the look-out for freehold land properties across the city for joint development opportunities as we believe in developing the projects as per our specifications. We will be responsible for the designing, construction and sales of this project,” Wadhwa Group Managing Director Navin Makhija said. The project

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