The six-decade-old Kamal Amrohi Studios, aka Kamalistan, in Jogeshwari (East) will be redeveloped as the single largest commercial office park in Mumbai.
The Bengaluru-headquartered RMZ Corp, one of the country’s largest office park developers, along with Avinash Bhosale Infrastructure and DB Realty, is set to embark on a 7 million sq ft project valued at nearly $3 billion (roughly Rs 21,000 crore).
The studio will be renamed Nexus, and will be bigger than Hiranandani Powai, Nirlon Knowledge Park in Goregaon and Mindspace in Airoli.
Work on the project, which has received layout sanctions from the government, is scheduled to begin by this year-end. It will host approximately 1.25 lakh work stations or jobs once it is completed in the next 5-7 years.
Biltrax Construction Data is tracking this project on their technology platform for their Clients.
Visit https://www.biltrax.com/ or email us at email@example.com to become a subscriber and generate new leads.