Atul Projects Secures Rs 7.5 Billion Borivali Redevelopment
Real Estate

Atul Projects Secures Rs 7.5 Billion Borivali Redevelopment

Atul Projects has acquired the redevelopment rights for a prime 2.76-acre land parcel in Borivali West, strategically located along the high-potential SV Road corridor. With a Gross Development Value (GDV) of Rs 7.5 billion, the project is set to reshape the residential landscape of the western suburb with a mix of luxury homes and modern amenities.

The development will offer 2, 3 and 4-bedroom residences ranging from 800 sq ft to 1,600 sq ft of carpet area, designed to meet the evolving aspirations of contemporary homebuyers. Positioned as a premium lifestyle project, it aims to attract both end-users and long-term investors seeking strong connectivity, convenience and upscale living.

Commenting on the acquisition, Aakash Patel, Managing Director of Atul Projects, said: “This partnership marks a major step for us in our redevelopment portfolio. Borivali West has all the fundamentals of a high-growth residential market: connectivity, lifestyle infrastructure and sustained buyer demand. With this project, we plan to deliver well-designed homes that raise the bar for luxury living while creating long-term value for homeowners and investors.”

The project’s location beside SV Road—one of the western suburb’s busiest transit and lifestyle corridors—offers excellent accessibility and well-established neighbourhood infrastructure. With its premium design and state-of-the-art amenities, the development is expected to become a landmark in Borivali West, showcasing Atul Projects’ commitment to quality housing.

This initiative adds to the company’s expanding portfolio in the Mumbai Metropolitan Region (MMR), reinforcing its strategy to strengthen its presence in key growth corridors and deliver transformative residential experiences.

Atul Projects has acquired the redevelopment rights for a prime 2.76-acre land parcel in Borivali West, strategically located along the high-potential SV Road corridor. With a Gross Development Value (GDV) of Rs 7.5 billion, the project is set to reshape the residential landscape of the western suburb with a mix of luxury homes and modern amenities. The development will offer 2, 3 and 4-bedroom residences ranging from 800 sq ft to 1,600 sq ft of carpet area, designed to meet the evolving aspirations of contemporary homebuyers. Positioned as a premium lifestyle project, it aims to attract both end-users and long-term investors seeking strong connectivity, convenience and upscale living. Commenting on the acquisition, Aakash Patel, Managing Director of Atul Projects, said: “This partnership marks a major step for us in our redevelopment portfolio. Borivali West has all the fundamentals of a high-growth residential market: connectivity, lifestyle infrastructure and sustained buyer demand. With this project, we plan to deliver well-designed homes that raise the bar for luxury living while creating long-term value for homeowners and investors.” The project’s location beside SV Road—one of the western suburb’s busiest transit and lifestyle corridors—offers excellent accessibility and well-established neighbourhood infrastructure. With its premium design and state-of-the-art amenities, the development is expected to become a landmark in Borivali West, showcasing Atul Projects’ commitment to quality housing. This initiative adds to the company’s expanding portfolio in the Mumbai Metropolitan Region (MMR), reinforcing its strategy to strengthen its presence in key growth corridors and deliver transformative residential experiences.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code