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Chandak Group honoured for 'Transformation Excellence Western Suburbs' at Times Redevelopment Awards 2024

Synopsis

Chandak Group, a renowned Mumbai-based real estate developer with over 35 years of experience, has been honoured with the Times Redevelopment Award 2024 for 'Transformation Excellence Western Suburbs'. Their extensive portfolio includes 10 active projects across 12 million square feet, enhancing living standards for over 10,000 families. Key projects include Chandak Highscape City and Chandak Treesourus. Specialising in Society and Slum Redevelopment Schemes, Chandak Group focuses on transforming ageing neighbourhoods into modern, well-planned communities. Their approach aims to uplift living conditions and create thriving environments, responding to Mumbai's growing need for redevelopment.

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Chandak Group, a leading Mumbai-based real estate developer with over 35 years of industry experience, has been recognised at the Times Redevelopment Awards 2024 for 'Transformation Excellence Western Suburbs'. This esteemed award underscores the Group's impactful role in reshaping Mumbai's real estate sector through pioneering redevelopment projects.

Chandak Group's portfolio includes 10 active projects, encompassing over 12 million square feet of developed space, and has improved the lives of more than 10,000 families, offering them enhanced living standards in thoughtfully designed, modern communities. Notable projects include Chandak Highscape City, Chandak Treesourus, Cornerstone, Chandak Nishchay, Chandak GreenAiry, and 34 Park Estate, located in dynamic areas such as Chembur (E), Malad (W), Worli, Dahisar (E), Borivali (E), and Goregaon (W).

Spanning residential, retail, and commercial developments, Chandak Group's extensive portfolio caters to a wide range of clients. They focus on Society Redevelopment and the Slum Redevelopment Scheme (SRA), a joint urban effort where government and private developers collaborate to transform slum areas into well-organised, modern housing projects, thus providing former slum residents with dignified and healthier living conditions.

As Mumbai evolves, redevelopment initiatives are vital for refreshing ageing neighbourhoods, enhancing safety, living conditions, and amenities. For current residents, this translates to a significant upgrade in quality of life. For new buyers, it offers an opportunity to enjoy a modern lifestyle and invest in appreciating assets. This shift in redevelopment practices is essential due to the lack of new land parcels in cities like Mumbai. Consequently, top developers are constructing luxury projects in prime locations such as Tardeo, Worli, and Bandra.

Chandak Group's redevelopment approach goes beyond conventional methods. Their emphasis is not just on building new homes but on creating vibrant and thriving communities. The precise planning, design, and quality of their projects reflect a strong commitment to the welfare of both new and existing residents.

In Mumbai's dynamic real estate market, developers like Chandak Group are leading transformative changes, aligning with the modern aspirations of Mumbaikars for exceptional living spaces.

In conclusion, Chandak Group's recognition highlights their essential role in reshaping Mumbai's real estate landscape. By focusing on both residential and commercial developments, including impactful slum and society redevelopment initiatives, they are not only improving living conditions but also setting new standards in urban transformation. Their commitment to quality and community well-being demonstrates a forward-thinking approach, making them a key player in Mumbai's evolving real estate sector.

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