Sumit Woods gets green signal for high-end residential development in Borivali
Mumbai Mumbai: Sumit Woods Limited (NSE – SUMIT), a well-established real estate company with over 39 years of experience in Mumbai has received the extended commencement certificate (CC) for its premium residential project Sumit KMR PARAM located in Borivali West, Mumbai.
Spread over a total built-up area of 4,00,000 sq ft, Sumit KMR PARAM is a high-end residential project designed keeping modern urban living in mind. The project is expected to generate an estimated revenue of Rs 400 crore. With its strategic location in Borivali West, the development enjoys seamless connectivity via major roads, railway stations and key infrastructure corridors, making it a desirable destination for homeowners and investors.
The development has a well-planned structure comprising a basement, stilts, eight podium levels and a residential tower from the 9th to the 33rd floor, as well as a part of the 34th floor.
With a track record of delivering quality projects ahead of schedule, Sumit Woods is committed to efficiency, transparency and timely execution. The company is also actively developing another flagship project called Hedavkarwadi in Prabhadevi, which will further strengthen its position in the Mumbai real estate market.
Commenting on the development, Mitaram Jangid, Managing Director, Sumit Woods Ltd, said: “Securing the Commencement Certificate for Sumit KMR Param gives us the opportunity to move forward with a project that we believe will redefine upscale living in Borivali West. The response to this development has been encouraging, and with its prime location and thoughtfully designed spaces, it is set to become a preferred address.
