Adani Realty has picked up an equity stake in Shiv Infra Vision which has got the rights to develop the entire RTO Land at Andheri West. The plot has an approximate potential of 11 Lakh sq.ft approximately. Looking at the location and the way Adani had built Adani Western Heights on JP Road, they may develop a Mixed use commercial, retail and residential project.
This plot was taken over by L&T from Chimankar's and due to the default of Chimankar's the allotment to them was cancelled and L&T was out of the game. Its a money spinner location for Commercial, Residential and Retail and this is one of the largest land banks in Andheri West on main link road.
The plot is located before Laxmi Industrial Estate if you are coming from DN Nagar. The Metro station will be 5 min walk from this project and Link Road Andheri West is already a Commercial and Retail thriving hub. World's best brands like Volvo, Apple Showroom, Citreon, Under Armour, Decalthon, Mercedes Benz, Audi are located already on the Andheri Link Road.
This project will have a direct impact on the real estate market of Lokhandwala Complex as families who dont want to come all the way inside the lokhandwala market side will prefer to relocate on the link road if the project planning suits them.
For more details call Sandeep Sadh - 9820030685