HDIL launches Metropolis Tower

Mumbai-based Housing Development and Infrastructure (HDIL) and Future Group have agreed on a pre-lease for entire retail space at Metropolis Tower. The project has over a million sq. ft. mixed use development, of which 10 per cent area has been leased to the Future Group. Metropolis Tower a prime mixed use development has office spaces, retail, entertainment and hospitality. Centrally located within the upscale residential and business districts of 4 Bungalows, Versova and Lokhandwala, Metropolis Tower will be an iconic landmark that will cater to all business, entertainment, retail and food and beverage needs of this prime area. Sarang Wadhawan, MD, HDIL said that Metropolis Tower is built on a formidable grid of planning and we are sure that it will soon be a premium business and entertainment destination in the city. This deal signifies that the commercial and retail real estate are on an upswing and the real estate market has significantly recovered post correction.