Published On:January 10 2014
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Lodha Group set to launch 2nd phase of mega city project in Mumbai.
Leading estate developer Lodha Group today said it will launch the second phase of its mega city project 'Palava' recently.
The Mumbai-based realtor is developing 'Palava', a mega city in Dombivli, a suburb of Mumbai located in Thane district.
The entire project, spread over 5,000 acres, is to be completed in four phases by 2025. The second phase consists of 800 buildings and is slated be completed in the next 5 years.
'The second phase, spread across 800 acres and comprising around 800 buildings, will house malls, residential and commercial towers, hotels among others,' Abhinandan Lodha, the company's Deputy Managing Director, told PTI.