The largest re-developer of cessed buildings in the megapolis is all set to launch its biggest project in the northern suburb of Borivali on a six-acre plot commanding revenue potential worth ₹2,000 crore. The company has nine ongoing projects which will have around 8 million sqft of developed area, and seven upcoming launches with over 10 million sqft of saleable area. The Borivali project is its biggest bet ever with over 25,000 sqm of saleable space.
The company has a land bank of over 50 sites in prime localities and some of its upcoming projects include Hughes Road, Malabar Hill & Chowpatty near the Nariman Point commercial hub. Spread across six acres, on completion, it will have around 1,000 units for commercial sale, with the rest going to original owners who will get 500 sqft of developed space.