Renowned builders Shapoorji Pallonji and Asia-Pacific Investment Company (PAGs) struck a deal to build 91-storey super residential project, whose construction was kicked off by Lokandwala Kataria in 2010. However, the project was delayed due to not able to secure necessary permissions on time and due to the pandemic situation in the country. Shapoorji Pallonji Company will take care of the branding, sales and marketing of the project, which was named Minerva. The project is coming up in Mahalakshmi area of Mumbai. India Bulls Housing Finance Company is funding the project. Shapoorji Pallonji has entered the ultra luxury segment with the help of the project.
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