Roha Realty adds a New Standard of Grandeur to Chembur’s Elite Lifestyle with a new ₹300 crore Upscale Redevelopment project
Mumbai, India, 25th August 2023: Roha Realty is a leading real estate developer offering premium residential apartments across Mumbai & Thane. They have recently signed a deal with MHADA to redevelop two large societies at Subhas Nagar, Chembur. Roha Realty’s strategic entry to redevelop these societies demonstrates its prowess as a premium real estate developer. This highlights its commitment to improving the lifestyle of the residents and the surrounding community.
The new property will incorporate expansive contemporary apartments, best-in-class amenities, opulent features, and benchmark sustainability measures ranging from energy-efficient construction and maintenance to resource conservation and a low carbon impact. Roha Realty believes sustainability, recycling, wastewater management, fire safety, and security are essential to every high-end real estate project.
Roha Realty will fund the redevelopment project through internal accruals and institutional finance. Construction work to combine both societies into one is expected to begin with a launch in Navratri this year.
The investment strategy is consistent with Roha’s policy of selecting projects with fixed deadlines and quality requirements. Both projects’ architectural and design features have been finalized, and materials for the two grand projects will be chosen from professionals worldwide.
Chembur, located in the centre of the eastern suburbs, has seen a tremendous transformation in the real estate market during the last decade. As a strategically connected micro-market, Chembur benefits from a central location with easy access to the Eastern Express Highway and Navi Mumbai via the Eastern Expressway. Chembur offers significant investment opportunities for fine living spaces due to its proximity to the business hubs of BKC and Powai. The region has become popular among purchasers looking for extravagance living on the Sion-Mankhurd belt.
The region’s development into a true haven of opulent living is evidenced by Chembur’s ascent to prominence as a hub for exclusive residences. Roha Realty is on the verge of signing new redevelopment projects to extend its presence in Chembur’s real estate market. Roha Realty believes Chembur will continue to attract affluent purchasers who value investment in a premium, ease, and peaceful living environment.
Roha Realty is proactively committed to satisfying the ever-changing needs of their customers by providing properties with beneficial and high-end facilities. To ensure safety, timely project completion, and value for money; Roha Realty conducts their business with ethical, social, and environmental objectives in the real estate development and construction sector.
The mission of Roha Realty is to be Mumbai’s foremost real estate developer, meeting all of its customers’ demands. Roha continually strives to establish long-term client connections through creative collaborations founded on openness and mutual trust. It remains devoted to these ideas, which have served it and its clients well.
Mr. Harshvardhan Tibrewala, Director of Roha Realty, said, “Chembur’s transition into a thriving commercial and residential location is an excellent example of sustainable urban revitalization, and our two planned projects will set new standards for quality development in the area. Our Chembur development projects will emerge as a bustling hub for an upscale real estate development, garnering the attention of people seeking the pinnacle of premium living. We are optimistic about Chembur’s real estate future and intend to pursue additional premium redevelopment projects in the Chembur suburbs. The demand for opulence residential properties in upmarket communities has increased, and Roha will continue its efforts to provide modern smart houses for everyone.”