Kanakia: Kanakia Spaces acquires 3.3-acre redevelopment projects in Mumbai's Borivali

Realty developer Kanakia Spaces plans to invest over Rs 1,100 crore for the redevelopment of two large housing societies in Mumbai's Borivali. Spanning 3.3 acres, with a potential value of over Rs 1,500 crore, the project is expected to start in six months and finish in around four years.