Overview
- Property records show the joint development agreement was registered on February 11, 2026, covering 41,526 square metres in the Parel–Sewri belt.
- The consideration is reported at about ₹364 crore, with stamp duty of roughly ₹37 crore, while one report lists ₹364.81 crore and ₹37.20 crore respectively.
- Sahana Properties and Resorts Pvt Ltd and Sahana Builders and Developers Pvt Ltd are named as landowners, with Lodha Developers as the developer.
- Revenue sharing is set at 67% for Lodha Developers and 37% for the Sahana entities, and the construction period is stated as five years.
- The development will launch under the Lodha brand, and the land parcels are located on Thakersy Jivraj Cross Road in the Parel–Sewri division.