Gitanjali Gems Ltd developing Residential Project

Residential tower above Harvey Nichols, Bristol

Borivli, located in Mumbai’s western suburbs, is set to receive a luxurious residential project brought forth by Gitanjali Gems Ltd, a leading diamond jewelry manufacturer and retailer.

Project Overview

  • Size: The project spans an area of 400,000 sq ft.
  • Structure: It features two identical residential towers, each with 28 stories, complete with ultra-modern amenities and two podiums.
  • Orientation: The towers face the Sanjay Gandhi National Park.

Development Details

Gitanjali Infratech Ltd, a 100% subsidiary of the Gitanjali Group, will oversee the development of this project.

Timeline

  • Bookings Open: September
  • Expected Possession: Mid-2013

Revenue Expectations

The developers anticipate generating revenue of approximately 400 crores from this project.

Future Plans

In addition to this project, Gitanjali Infratech has two more projects in the pipeline.