Modis Navnirman Limited (MNL) has been appointed as the developer for the redevelopment of Neel Kiran Co-operative Housing Society Ltd. in Khar West, Mumbai. This project is expected to contribute approximately ₹250 crore in Gross Development Value (GDV) to the company's portfolio. Located in a prime residential area known for high demand, the redevelopment aims to deliver modern residential infrastructure and enhanced amenities. Mr. Dinesh Modi, Chairman & Managing Director of Modis Navnirman Limited, expressed honor regarding the trust placed by the society members and emphasized the company's commitment to transparency, quality of life enhancement, and urban renewal. This mandate signifies an expansion for MNL into a prestigious Mumbai market, reinforcing its presence in the premium redevelopment segment. The project is contingent upon the execution of definitive documentation and obtaining necessary approvals from the society and relevant authorities. Modis Navnirman Limited continues its strategy of expanding its redevelopment footprint across Mumbai's western suburbs.
