<article><a style="color: #000080;" href="http://www.emamiltd.in/" target="_blank">Emami Group </a>has formed a partnership with Mumbai-based real estate firm <a style="color: #000080;" href="http://shethcorp.com/" target="_blank">Sheth Corp</a> to develop a luxury residential project at Mumbai’s Mulund suburb.</article>

<a style="color: #000080;" href="http://www.emamiltd.in/" target="_blank">Emami Group </a>has formed a partnership with Mumbai-based real estate firm <a style="color: #000080;" href="http://shethcorp.com/" target="_blank">Sheth Corp</a> to develop a luxury residential project at Mumbai’s Mulund suburb.
Kolkata-based Emami has invested Rs350 crore for a 50% stake in the project, said a press release issued by both the firms
The luxury project ‘Montana’ is spread over seven acres and will have apartments of 2, 3, 4 and 5 bedroom configurations in various spaces. This is the third project of Emami and Sheth Corp together in Mumbai. “We are already present in Mulund with our project Vasant Oscar and Vasant Garden which is a testimony to the kind of work we deliver to our customers…With this project, our association with our proud partners Emami Group, James Law, HBA Singapore and TROP will be stronger and long-lasting,” Ashwin Sheth, chairman &amp; managing director, Sheth Group said.
While Emami will be responsible for providing capital, Sheth will construct market and sell the project.
“We along with Sheth Corp, had planned this project in 2015, and today, we are finally launching our flagship development in Mulund christened as Montana,” said R.S. Agarwal, joint chairman, Emami Group.
Also Read: <a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/india-tepid-sales-keep-realty-funds-off-residential-project-investments-67099/" target="_blank">India: Tepid sales keep realty funds off residential project investments</a>
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/india-tata-housing-macquarie-to-invest-298m-in-top-residential-realty-projects-56643/" target="_blank">India: Tata Housing, Macquarie to invest $298m in top residential realty projects</a>
<h4 style="text-align: justify;">This article was first published on <a style="color: #000080;" href="http://www.livemint.com/Companies/yFVf0k5VL6lMR7sP0RgSDJ/Emami-Group-partners-with-Sheth-Corp-to-build-luxury-residen.html" target="_blank">Livemint.com</a></h4>

Emami Group, Sheth Corp team up to build luxury residential project in Mumbai

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