Kochra Realty acquires stressed project in Dahisar

Real estate developer Kochra Realty has taken the reins of a Rs 700 crore residential project in Dahisar.

A Mumbai suburb that has long been beset by delays.

The company's ambitious plan involves revitalizing the stagnant project and targeting its full completion by early 2025.

Previously under the stewardship of Ashapura Housing

The project, which boasts nearly 600 homeowners

Kochra Realty has taken charge of the project's debt and assumed control of the redevelopment venture.

Which encompasses a total of five towers previously managed by the former developer.

An estimated 384 apartments out of the project's overall inventory are anticipated to be handed over to homeowners by year's end.