Now Reading: Supreme Universal to build luxury towers on Bandra Parsi bungalows
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Supreme Universal to build luxury towers on Bandra Parsi bungalows
Supreme Universal will raze two Parsi-owned early 20th-century bungalows, Gladhurst and Kavas Lodge, on Perry Cross Road off Carter Road in Bandra West, and build two luxury towers with private sea-facing terraces.…
Supreme Universal will raze two Parsi-owned early 20th-century bungalows, Gladhurst and Kavas Lodge, on Perry Cross Road off Carter Road in Bandra West, and build two luxury towers with private sea-facing terraces. The one-acre plot is the largest on the Carter Road coastline, according to the developer. Four Parsi tenants have signed separate agreements with Supreme Universal.
The Times of India reports the sale potential of the project is about Rs 1,500 crore. Livemint reports the developer will invest approximately Rs 1,000 crore and expects revenue of Rs 1,500 crore. Construction is likely to begin within two quarters and take about 3.5 years to complete. The project is planned as one of the tallest towers in the neighbourhood.
Indian Opinion Analysis
Both sources report the same redevelopment deal with a neutral factual tone. The Times of India leads with the loss of heritage bungalows and lists recent similar demolitions, implying a pattern of erasing old Bandra. Livemint leads with the investment and revenue figures, framing the project as a rare development opportunity driven by scarce land. Together the coverage shows a city trade-off: scarce coastline land meets high-end demand, while heritage structures quietly disappear. The next step is the approval process, expected to start soon.
The tribunal hears the appeal on 12 September. The next step is the approval process, expected to start soon.
Coverage: 2 sources, 2 neutral
Sources (2): timesofindia.indiatimes.com (neutral report), livemint.com (neutral report)
This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry.
