Policy help and favorable financial conditions are attracting investments within the sector. Godrej Industries’ Chairman Nadir Godrej and his family have acquired three sea-view luxurious flats in South Mumbai’s Malabar Hill for a complete of almost Rs 180 crore from an actual estate improvement subsidiary of the JSW Group. The under-construction super-luxury residential project, Ruparel House, on Ridge Road at the high of Malabar Hill with the view of Queen’s Necklace, is being developed by R House Realty, part of JSW Realty.
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