8 Acre Plot for Sale in Andheri West

An 8-acre plot is available for sale in Andheri West on Veera Desai Road, Sainik Nagar. The land comprises 5 acres of vacant parcel and 3 acres occupied by slums with 300 tenants, with a proposed redevelopment arrangement for the existing occupants.

Property Details

• The total plot area is 8 acres.
• The property is located on Veera Desai Road in Sainik Nagar, Andheri West.
• Five acres of the plot are vacant.
• Three acres of the plot contain slum structures with 300 tenants.
• The incoming builder will be required to construct accommodation of 390 sq ft for each tenant within the same layout.
• Consent terms state that the landlord will facilitate shifting the tenants within the same land onto the vacant parcel.
• The incoming builder will undertake construction for the tenants as well as the saleable area.

Brokerage is applicable at 1% on the stated plot valuation. For site visit or more details, contact AV Properties.