Rodium Realty’s subsidiary -- Rodium Housing LLP has executed development agreement to undertake the redevelopment project of Kandivali Shraddha Co-operative Housing Society, located in Kandivali West, Mumbai. Funded through a mix of debt and equity, Rodium has secured funding of Rs 10 crore from Capri Global Capital to achieve financial closure of the project. Nearly 0.5 lakh sq ft area will be developed at an estimated cost of Rs 35 crore.
The quarter-acre development will comprise of Retail Showrooms, Commercial Offices and 46 Flats in a single tower. This real estate project will primarily focus on residences of 2 & 3 BHK in the luxury mid-segment.
Rodium Realty is an avantgarde organization in the field of property development, project management, building management and build to suit solutions. The company is engaged in the development and construction of residential, office space, retail and mixed use projects by integrating various requirements and specific demands of customers.
