Mahindra Lifespaces Developers has secured a Rs 142.72 crore agreement to redevelop the Twinkle Star Co-Operative Housing Society in Chembur, Mumbai. Spanning nearly 2.5 acres, the project involves replacing nine existing buildings with modern high-rises, boosting the total carpet area by over 50% for current members. This initiative underscores the growing trend of transforming ageing housing societies into contemporary residential spaces in established Mumbai suburbs.
News by Rahul Yelligetti.