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Business Economy


Blox announces strategic partnership with VDV Developers

Mumbai, May 29 (UNI) Blox, an online home-buying platform, has announced its strategic partnership with VDV Developers for two assets valued at USD 100 million (Rs 750 crore), located in Tardeo and Mulund areas of city.
These assets, covering an area of approximately 2,10,000 sq ft, will be launched in this calendar year, a press release stated here on Monday.
This partnership is a part of Blox's Real Estate as a Service (REaS) / Development Management platform, which aims to target USD 500 million (Rs 3,750 crore) worth of revenue potential projects over the next three years.
Aditya Jhaveri, founder and chief executive officer of Blox, stated, "By partnering with VDV Developers, we aim to revolutionise the real estate industry in India. We plan to take on multiple projects across Mumbai and Thane. Our platform, powered by AI (artificial intelligence), will enable 3D project planning."
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