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.

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A Mumbai suburb that has long been beset by delays.

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

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Previously under the stewardship of Ashapura Housing

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The project, which boasts nearly 600 homeowners

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

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

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

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