Sumit Luxe Venture LLP, a group company of Sumit Woods Limited, has been selected as the developer for the redevelopment of the Makwana Building Co-operative Housing Society in Vile Parle East, Mumbai. The project, located near the airport, Western Express Highway, and Vile Parle Railway Station, is set to feature luxurious 2 and 3 BHK apartments.

The redevelopment project, with a Gross Development Value of ₹85 crores, is expected to significantly contribute to the area’s housing landscape, further enhancing the region’s real estate profile.

This disclosure was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.