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Projects  

Neev Group to develop Rs210 cr JNNURM slum redevelopment project

 
11/26/2009 02:30:00 PM
Neev Group

Mumbai, Nov (EPC News): Mumbai based real estate and infra service company, Neev Group has recently bagged slum redevelopment project of Kalyan- Dombivali Muncipal Corporation (KDMC) under the JNNURM (Jawaharlal Nehru National Urban Renewal Mission) scheme. The Rs210 crore project evolves developing 58 buildings in 7 packages funded by Central Government for providing basic services to urban poor (BSUP).

As per the KDMC contract, Neev Group will also be responsible for the entire area’s infrastructure needs. The time frame for the turnkey project completion is 18 months and upon completion of the project, Neev Group will be giving immediate possession to KDMC.

Neev Group will develop 4181 flats, 75 community halls and 6 multipurpose halls. Each flat has a carpet area of 350 sq ft which includes a living room, kitchen and a separate WC inclusive of storage area and bathing area and total construction area is around 18,00,000 sq ft . All the buildings are Ground + 7 floors with a lift.

Commenting on this development, Jitendra Jain, CEO & MD of Neev Group said, “We are happy to be given an opportunity to be part of this ambitious project of KDMC. We are confident that on completion, this will be a landmark project. As a Group, we are focusing our experience and expertise on such mega redevelopment projects. This perfectly fits the Group growth plans.”  

In addition to these projects, Neev Group is even looking at leveraging its expertise in public utility projects like bridges, skywalks, mass housing, irrigation projects like dams, canals, water and sewage treatment plants, recreation parks, and beautification and landscape enhancement projects.

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