4.5 Acres Of Land In Mumbai’s Mulund Surburb Sold For Rs 200 Cr

MUMBAI: Kalpataru Builders has purchased 4.5 acres of land in a busy Mulund area for close to Rs 200 crore in one of the biggest real estate deals in the suburbs here, a source said. The total land area is a little over 1.5 lakh square feet with a floor space index (FSI) of 2, the source said.
The land owner, Schrader Duncan Ltd, had shifted its automotive plant from Mulund to Ranjangaon, in Pune, in 2009, where commercial production has already started.
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