Acme Group to develop over 10 million sq. ft. within 5-7 years

By Accommodation Times News Services

ACME Group- Photo 2- L- R- Munish Doshi, Pravin Doshi and Rajesh DoshiAcme Group, the Mumbai-based company, unveiling their future plans for next 5-7 years held a conference, where they showed up company’s ambitious plans to develop up to 10 million sq. ft. of residential and commercial real estate in Mumbai and Gujarat over the period.

The realtors have signed up with Godrej as a sustainability partner and plans to attain leadership position in affordable housing, slum redevelopment projects and Greenfield projects in future. “We have eight ongoing projects today covering about 4.5 million sq. ft. of saleable area,” Pravin Doshi, Chairman, Acme Housing, told at a press conference. Further he added, “While we are proud of our contributions on improving the real estate landscape of Mumbai, we see a clear shift in the consumer preferences in near future.”

In the company’s future plans they revealed that, Mumbai will be always be their key area of focus and they want to be leaders in quality affordable housing, Society redevelopment, slum rehabilitation projects and green-field projects.

As a part of their CSR activities the Group announced multiple initiatives and partnerships, they have signed a MOU with a global NGO, Habitat for Humanity to donate a value equivalent to build one toilet for the needy for every apartment that Acme Group sells.

Mr. Rajesh Doshi, Director of Acme Group, said, “We have always been conscious of our societal responsibilities. Signing up with Habitat for Humanity is also a way of contributing our bit towards the call of Swachh Bharat by our PM Shri Narendra Modi.”

Commenting on the company’s expectation from the Budget, Munish Doshi, said, “We want government should emphasis on affordable housing, inorder to boost the real estate sector. We are expecting supply to increase, as supply will increase rates will come down. This will not only facilitate buyers, but also developers as funding will increase for investors.”

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