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Meghna Infracon to Invest ₹500 Crore in Five Mumbai Projects

Representative AI image NEW DELHI: Meghna Infracon Infrastructure plans to invest up to ₹500 crore in five redevelopment projects across Mumbai and Thane, aiming to expand its presence in premium residential and commercial segments. The projects, situated in pivotal micro-markets like Goregaon West, Bandra West, Khar West, Juhu-Vile Parle, and Wagle Estate in Thane, are anticipated to have a total gross development value (GDV) of approximately ₹600 crore. With these new developments, the company’s total development pipeline is projected to exceed 10 lakh sq ft, bringing the cumulative GDV of its ongoing and upcoming projects to more than ₹1,000 crore.…