Real Estate developer ESTO Group is set to launch its upcoming redevelopment residential project in Andheri’s Versova, Mumbai, in the next two months. The project aligns with the company’s strategy of expanding its presence in high-potential micro-markets and strengthening its market position.
The upcoming residential development will sprawl across an anticipated 1,50,000 SqFt of construction area, with a revenue potential of an estimated INR 220 Crore. The project is strategically located in proximity to airports, existing and proposed metro stations, coastal road, major highways, and robust social infrastructure like educational institutes, healthcare facilities, restaurants, parks, malls, cinemas, commercial spaces, etc.
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ESTO Group actively seeks high-performing markets to leverage its expertise. The upcoming project at Versova presents a prime example for the company to identify and address crucial gaps through research and planning, said Shakrendra Seth, Partner at ESTO Group. The developer plans to deliver nearly 2 Mn SqFt of real estate by 2030.
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