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
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement