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DGS Group Expands Andheri Lokhandwala Redevelopment Portfolio Across Five Projects
DGS Group is a real estate company led by Brahmdev Shukla.
It is working on several redevelopment projects in Andheri Lokhandwala, Mumbai.
Redevelopment means replacing older buildings with newer homes or commercial spaces.
The company says its projects could cover about 25 lakh square feet in total.
About 20 lakh square feet of construction is already committed, according to the Group.
One project, Sheetal Sky, combines three housing societies.
Another project, Sheetal Elara, reportedly sold its launched homes in about 45 days.
The Group also plans a commercial tower at Apna Ghar Unit No.
7.
DGS Group says it has approximately 25 lakh sq. ft. of development potential across five major projects and other developments in Andheri Lokhandwala.
The Group’s committed redevelopment portfolio in the locality covers approximately 20 lakh sq. ft. of construction.
Its projects include Sheetal Sky, a joint redevelopment of three societies on a roughly 9,500-square-metre plot.
Sheetal Elara, Codename LV, has development potential of about 2 lakh sq. ft.; the company says its launched inventory sold out in approximately 45 days.
Development agreements have been executed for Kamdhenu Commercial and Apna Ghar Unit No. 7, including a proposed dedicated commercial tower at the latter project.
- Who
- DGS Group, led by Brahmdev Shukla, along with the societies involved in the redevelopment projects.
- What
- The Group is expanding a portfolio of residential and commercial redevelopment projects.
- Where
- Andheri Lokhandwala in Andheri West, Mumbai.
- When
- The article describes the Group’s current portfolio and says two projects were recently added; no specific date is provided.
- Why
- DGS Group says it aims to replace ageing properties with modern developments and create long-term value for society members, residents and the neighbourhood.
Key facts
- Developer
- DGS Group, led by Brahmdev Shukla
- Location
- Andheri Lokhandwala, Andheri West, Mumbai
- Overall development potential
- Approximately 25 lakh sq. ft.
- Committed construction
- Approximately 20 lakh sq. ft.
- Sheetal Sky plot area
- Approximately 9,500 sq. metres
- Sheetal Elara development potential
- Approximately 2 lakh sq. ft.
- Recently added projects
- Kamdhenu Commercial and Apna Ghar Unit No. 7
Quotes
Brahmdev Shukla
Leader of DGS Group and driver of its redevelopment strategy
“Andheri Lokhandwala has always been one of Mumbai’s most established and aspirational neighbourhoods. Our objective is not merely to redevelop buildings, but to create developments that add long-term value for existing society members, future residents and the neighbourhood as a whole. We remain committed to transparent execution, quality construction and responsible development.”
republicworld.com
Sources
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