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Kochra Realty forays into Realty development

Mumbai, September 16, 2022: Kochra Realty has acquired and is successfully completing its first residential project Aadhayay. A press release issued by the company says that this project can be called the first chapter of the realty division of the Kochra Group which are also into the luxury watches business. The residential complex Aadhayay was launched in Andheri, Mumbai. The project was stuck for 10 years before Kochra realty took it up and now its due for delivery next year. 

Ali Kochra, Chairman & MD, Kochra Realty said, “ Kochra Realty is the latest entrant in the realty space with the focus on redevelopment and turning around distressed assets into successful projects. We come with a solid understanding of the Mumbai realty market having been on the lending side of the business for decades. The transition from lending to developing has been smooth as we see the tremendous opportunity. We saw an innate need in the market to turn around complex projects into beautiful, inhabitable spaces. We aim at providing a novel lifestyle to patrons. We help them turn over a new leaf in life where the customer is at the center of our design. We aspire to give them a peaceful environment in a bustling city like Mumbai.”

Aadhayay has two towers of 16 floors each with total 113 apartments comprising 1 & 2 Bedroom units.