Tile manufacturer NITCO Limited sold a prime land parcel at Kanjurmarg East to one of the key real estate players Runwal group for INR 232Cr. The land parcel, spanning 16,250 square meters or 4 acres, is a strategic asset with significant potential according to a press release.
Situated in a prime location, the NITCO land parcel offers excellent connectivity to key transportation links such as the Eastern Express Highway, Jogeshwari โ Vikhroli Link Road (JVLR), and Kanjurmarg Railway Station. The area will soon benefit from enhanced accessibility with the upcoming Metro Line No. 4 and 6, further adding to its value and appeal.