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Dynamix Group to infuse Rs 350 cr in two years

Monday, 01 Mar 2021
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Realty developer Dynamix Group is planning to invest over Rs 350 crore across its ongoing and upcoming projects in the next two years.

In addition to its ongoing projects across Mumbai, Thane and Goa, the company is looking to launch multiple projects in Mumbai in the next 12-24 months.

In Mumbai, the company is looking to launch its projects in Goregaon, Kandivali and Malad suburbs during this period. Whilst the group had intended to launch some of these projects in financial year 2020-21, the COVID-19 induced pandemic delayed its plans.

The company launched Phase-I of its Avanya project in Dahisar suburb of Mumbai during Q3/2021 and has sold around 90 percent  of the 380 units.

In addition to the expansion plans in Mumbai, Dynamix Group is also planning the next phase of its ‘Aldeia De Goa’ project in Goa. This project spread over 143 acre will offer villas, plots and apartments.

 

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