India, April 28 -- Mumbai-based real estate developer House of Hiranandani has secured redevelopment rights for an approximately three-acre plot in Mumbai's Borivali West. The company plans to develop a housing project on the site with an estimated Gross Development Value (GDV) of Rs.3,000 crore.

The project will include around 380 homes for existing members, along with over 850 free-sale residences, spanning approximately 7.6 lakh sq ft of saleable carpet area.

"At House of Hiranandani, every project is an opportunity to raise the bar on design, quality, and the way communities live. Redevelopment goes beyond building real estate. It calls for trust, design integrity, and consistency of delivery, values that have shaped our approach fo...