Roha Realty & Sabari Group Join Hands To Develop Real Estate Projects in Chembur Worth More Than INR 2000 Cr
- 2nd Dec 2023
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Roha Realty and Sabari Group have embarked on a joint venture to revolutionize premium living in Chembur by offering sustainable residences with contemporary amenities. This joint initiative involves a significant real estate project, spanning 6 lakh sq-ft and aiming for an estimated revenue of Rs 1000 crore. The project is scheduled for launch in the first quarter of FY 24-25.
Roha Realty's recent collaboration with the Maharashtra Housing and Area Development Authority (MHADA) involves the redevelopment of two societies in Subhash Nagar, Chembur. This venture, combined with the partnership with Sabari Group, is expected to generate revenue of around Rs 1,500 crore. Additionally, Roha Realty is planning another project worth Rs 500 crore in the same area.
Harshvardhan Tibrewala, the director of Roha Realty, stated their intention to merge their expertise with Sabari Group's knowledge and resources to deliver exceptional results for their customers. They share an ambition to be the developer of choice for those seeking luxury, exclusivity, and sustainable living spaces in Chembur.
Surinder Sharma, the founder and senior partner of Sabari Group, highlighted the collaboration's potential for success. This potential stems from combining Sabari Group's three decades of legacy with the expertise of Roha Realty.
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