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As per recent reports, LODHA developers have bought a land
parcel in Mumbai 's suburb, Jogeshwari. It is a land parcel of 5 acres worth
Rs. 376 crore. The land belonged to Patel Engineering which is now owned by
Lodha developers. This deal was made by the objective of selling assets to
reduce debts by Patel Realty.
Shareholder's approval was sought by Patel Engineering to
dispose off its non-core assets to cuts debt. Rs. 325 crore is being lent to
Lodha for funding this land acquisition by lenders to Patel Engineering. The
signing was done on Thursday between Lodha and Patel Engineering.
As per one of the
sources, this deal is being done inorder to implement the Scheme for
Sustainable Structuring of Stressed Assets ( S4A ) in the company. Lodha is
known for setting standards in real estate industry so some good delivery is
expected in Jogeshwari now. New Project LODHA Jogeshwari West in Mumbai Coming
Soon. New Project Lodha of 5 Acres of Land Will be a well planned development .
The Project will offer 2 and 3 Bhk spacious apartment at very good location in Mumbai.
The Jogeshwari-Vikhroli Link Road (JVLR) interfaces
inhabitants in Jogeshwari effectively to both the eastern and the western rural
areas by means of. Roads. Up and coming Metro line once finished, will
associate Western Express Highway, Metro Line 1 (Ghatkopar to Versova), Western
Railway, Metro Line 6 (Swami Samarth Nagar to Vikhroli) and the progressing
Metro Line 2A (Dahisar to DN Nagar).
Lodha Codename Big Win Jogeshwari is one of the famous
private center points in Mumbai. You may be occupied with purchase a flat as a
venture or possibly you are searching for a home that suits the necessities of
your family. Regardless of what the reason is, Jogeshwari is an incredible
decision.
Lodha Jogeshwari is an item offered by India's Number One
Real Estate Developer Lodh Group. 2 BHK and 3 BHK flats here has the choicest
way of life components. Key, advantageous and available area for all. The
Project is arranged at a standout amongst the most looked for after yet at the
same time normal green suburb – Jogeshwari. It is all around associated and
available from both South and North Mumbai. Worldwide and Domestic airplane
terminal are inside 30 minutes drive and rural railroad station is inside 5
minutes drive.
Jogeshwari strikes the correct adjust of a urban environment
without putting some distance between nature. The northern edge of JVLR
comprises of a one kilometer extend of Powai Lake and its encompassing zones
brimming with rich greenery and trees. Its vicinity to nature likewise gives
great air quality and lovely surroundings and also the chance to loosen up and
unwind.
Lodha Patel Estate Jogeshwari West is under development and
offers you an opportunity to purchase your home in the pre-dispatch organize,
with ownership in 2020. You have the choice of picking either 2 bhk or 3 bhk,
.
NEW LUNCHING PROJECT
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