The project involves the construction of a commercial complex by Mapletree, a Singapore-based real estate firm.
Overview of the Project:
Mapletree is actively developing a commercial project near Empire Plaza, Vikhroli, Mumbai, named “Mapletree Vikhroli Business Park (Fern)”. The project spans across 6.3 Acres of land parcel, while the construction area is 2,327,696 SqFt. The anticipated construction cost of the project is 1163 INR crore.
The Singapore-based real estate firm bought the land from the Kanakia group in 2020 for 525 INR crore. The construction of the 3-wing commercial project started in 2022 and is expected to be complete by 2025. Morphogenesis is the design Architect, while L&W Construction Private Limited is the Turnkey Contractor for this project. As of September 2023, the basement work is in progress.
Project details:
| Name of the Project | Mapletree Vikhroli Business Park (Fern) |
| Latitude, Longitude | 19.124340, 72.926336 |
| Latest Status | Under-construction As of September 2023, the basement work is in progress. |
| Location | Vikhroli, Mumbai |
| Construction Area (in SqFt) | 2,327,696 SqFt |
| Construction Cost (INR-Crore) | 1,163 INR-Crore |
| Description | The project involves the construction of: Total 3 Buildings: Wing A: 3 Basements + GF + 30 Floors Wing B: 3 Basements + GF+ 29 Floors Wing C: 3 Basements + GF + 1 Floor |
| Building use | Commercial |
| Sector | Private |
| Construction start | 2022 |
| Project completion (Estimated timeline) | 2025 |
ABOUT
Mapletree is a Singapore-based Real estate firm. It is a global company dedicated to Real estate development, Investment, Capital, and Property management.
Morphogenesis is one of India’s leading award-winning architectural firms. It is an architectural firm that works across various fields including Architecture, interior design, and Urbanism. They have offices in Mumbai, Bengaluru, and New Delhi.
L&W Construction Private Limited
L&W is a construction engineering company. The company focuses on all aspects of construction, such as Commercial and Residential buildings, IT Parks, High-rise buildings, Industrial complexes, Shopping centers, etc.
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