Tribeca Developers Achieves Rs 1,000 Crore Sales in Mumbai Luxury Project 'The Edge'

Tribeca Developers has sold all 228 luxury apartments for over Rs 1,000 crore in its new Mumbai project, 'The Edge.' In collaboration with Tejukaya Group, the firm launched the first phase of 228 units priced between Rs 4 crore to Rs 12 crore. The project aims to develop around 400 units in total.

Tribeca Developers has successfully sold all 228 luxury apartments in its latest Mumbai project, 'The Edge,' amassing over Rs 1,000 crore in sales.

The company, in collaboration with Tejukaya Group, had launched these units within a price range of Rs 4 crore to Rs 12 crore. Funded partly by a Rs 200 crore investment from HDFC Capital, the project is part of a larger plan to develop 400 units on a 2.5-acre site.

'The Edge' marks Tribeca's most significant launch to date, driven by strong demand in the luxury housing market. Kalpesh Mehta, the firm's founder, emphasized the importance of strong partnerships and historic land expertise in achieving this milestone.

(With inputs from agencies.)