A significant investment is planned by Lloyds Realty, a subsidiary of Lloyds Enterprises. The company will invest a substantial amount in a redevelopment project. This project involves five housing societies and will result in a large residential development. It will have a total area of 7,54,260 sq ft and include 771 residential units.

The units will be divided between rehabilitation homes for existing residents and units for sale. Further details about the project are available, including the location and regulatory approval process.

The company has signed development agreements and commenced the approval process, indicating progress on the project.