K Raheja Corp to redevelop SOBO Central Mall into luxury residences
Tue, Apr 23, 2024 9:37 AM

K Raheja Corp to redevelop SOBO Central Mall into luxury residences

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Realty developer K Raheja Corp is planning to redevelop SOBO Central Mall, the country’s first mall, into a high-end luxury residential project, said persons with direct knowledge of the development. The mall, earlier known as Crossroads, started in the late 1990s in south Mumbai. Based on the current property prices in the vicinity, the project is estimated to fetch over Rs 2,000 crore revenue.

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