Infrastructure sector projects by Kanakia Spaces Pvt. Ltd. in Mumbai
Project Information
5954
Kanakia Spaces Pvt. Ltd.
Patel Engineering has reportedly formed a joint venture (JV) with Kanakia Spaces the real estate arm of Kanakia group. JV is formed in order to develop a 16-acre property in Bandra, Mumbai, owned by the company. The company will hold a majority stake in the venture. Kanakia will infuse Rs 210 crore as its own consideration. The total saleable area for the property works out to be about 7 lakh square feet. The real estate firm Kanakia will develop a mix of residential and commercial properties.
Patel Engineering provides a wide range of civil engineering services involved in design and construction of power projeccts, hydroeletric projects, commercial building, industrial complexes, dams, tunnels, underground structures, steel and concrete structures, bridges, marine works, flyovers and national highways in India and abroad.
Project Value
INR 210 Crore /-
JV Agreement Signed
Mumbai
Maharashtra
India
Infrastructure
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