Sumit Woods Subsidiary Signs ₹737 Crore Redevelopment Deal in Mahim
Sumit Woods Limited announced that its subsidiary, Sumit Hills Private Limited, has entered into a Development Agreement for a redevelopment project of Nav Vidya Laxmi CHSL and Brothers CHSL (Bhatia B...
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Why is Sumit Woods Limited in the news today?
Sumit Woods Limited (SUMIT) is in the news due to the announcement details a significant new development project with a substantial estimated value, indicating potential growth and expansion for the company.
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Sumit Woods Subsidiary Signs ₹737 Crore Redevelopment Deal in Mahim
December 31, 2025, 07:43 AM
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Sumit Woods Limited announced that its subsidiary, Sumit Hills Private Limited, has entered into a Development Agreement for a redevelopment project of Nav Vidya Laxmi CHSL and Brothers CHSL (Bhatia Building) located in Mahim, Mumbai. This super-premium residential project will feature 2 BHK and 3 BHK apartments.
The total free sale Floor Space Index (FSI) area for the property is approximately 1,70,000 square feet, with an estimated project value of ₹737 Crores. This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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