Modis Navnirman Ltd — Important, 04-03-2026: Company Update

Modis Navnirman Limited has secured a significant redevelopment mandate for the "New Chitra Co-operative Housing Society Ltd." in Kandivali West, Mumbai. This project involves transforming an existing 14-storey building into a modern, premium commercial-cum-residential tower. Spread across approximately 2,300 sq. meters, the redevelopment is expected to generate an estimated Gross Development Value (GDV) of ₹160 Cr. This project strengthens the company's growing redevelopment portfolio in Mumbai, promising enhanced living spaces and modern amenities for residents and investors.