Jaipur's Manglam Group Unveils Rs 1.5 Bn Project in Borivali
Real Estate

Jaipur's Manglam Group Unveils Rs 1.5 Bn Project in Borivali

Expanding its footprint beyond Rajasthan, Manglam Group, a Jaipur-based real estate developer, has made its debut in the Mumbai property market with a redevelopment project in Borivali. The initiative, launched under Manglam & Karnani Ventures LLP, underscores the company’s intent to participate in the city’s growing redevelopment ecosystem, which has become a major driver of new housing supply in suburban Mumbai.

Located along SV Road, close to Borivali Railway Station, the project will cover nearly 80,000 square feet of land. It is designed to deliver 80 residential units, split evenly between existing tenants and new buyers. Each apartment will be a two-bedroom configuration with RERA carpet areas ranging from 680 to 776 square feet. Homeowners will also receive lifetime membership to the Mandapeshwar Civic Federation Gymkhana, offering access to social and recreational amenities.

The development represents an investment of roughly Rs 1 billion, with an estimated revenue potential of Rs 1.5 billion. Manglam Group, established in 1997, brings to the table a track record of 87 completed projects, 32 ongoing developments, and delivery of homes to more than 35,000 families across 518 lakh square feet.
Industry data from Knight Frank India highlights that by 2030, Mumbai’s redevelopment pipeline could add over 44,000 apartments valued at nearly Rs 130 billion, with Borivali, Andheri, and Bandra identified as leading hubs. Manglam’s entry into this market signals a calculated move to leverage the demand for modern housing while contributing to the city’s broader urban renewal momentum. 

Image Source:https://images.moneycontrol.com/static-mcnews/2022/11/housing-finance-1-770x431-1-770x431.png?impolicy=website&width=770&height=431


Expanding its footprint beyond Rajasthan, Manglam Group, a Jaipur-based real estate developer, has made its debut in the Mumbai property market with a redevelopment project in Borivali. The initiative, launched under Manglam & Karnani Ventures LLP, underscores the company’s intent to participate in the city’s growing redevelopment ecosystem, which has become a major driver of new housing supply in suburban Mumbai.Located along SV Road, close to Borivali Railway Station, the project will cover nearly 80,000 square feet of land. It is designed to deliver 80 residential units, split evenly between existing tenants and new buyers. Each apartment will be a two-bedroom configuration with RERA carpet areas ranging from 680 to 776 square feet. Homeowners will also receive lifetime membership to the Mandapeshwar Civic Federation Gymkhana, offering access to social and recreational amenities.The development represents an investment of roughly Rs 1 billion, with an estimated revenue potential of Rs 1.5 billion. Manglam Group, established in 1997, brings to the table a track record of 87 completed projects, 32 ongoing developments, and delivery of homes to more than 35,000 families across 518 lakh square feet.Industry data from Knight Frank India highlights that by 2030, Mumbai’s redevelopment pipeline could add over 44,000 apartments valued at nearly Rs 130 billion, with Borivali, Andheri, and Bandra identified as leading hubs. Manglam’s entry into this market signals a calculated move to leverage the demand for modern housing while contributing to the city’s broader urban renewal momentum. Image Source:https://images.moneycontrol.com/static-mcnews/2022/11/housing-finance-1-770x431-1-770x431.png?impolicy=website&width=770&height=431

Next Story
Equipment

Liebherr Cranes Brave Harsh Seas for Ytre Steinsund Bridge

Four Liebherr high-top cranes are playing a vital role in constructing the Ytre Steinsund Bridge along Norway’s rugged coastline. The cranes’ robust technology and adaptable design are enabling safe and efficient operations despite harsh winds, strong waves, and tight project timelines. The Ytre Steinsund Bridge, now under construction in western Norway, is set to be completed by the end of 2026. Once operational, the cantilever bridge will enhance connectivity between coastal regions near Hardbakke. To meet the project’s demanding conditions along the Sognefjord, the construction team ..

Next Story
Infrastructure Urban

GREENEXT Expo 2025 Showcases Sustainability as a Business Driver

The GREENEXT Expo 2025 concluded successfully on September 27 at the Shanghai Exhibition Center, reaffirming its status as one of China’s most influential platforms for sustainability transformation. The two-day event positioned sustainability as a tangible business strategy, bringing together over 120 global enterprises and organisations, and attracting 5,022 attendees. Shanghai, September 27, 2025 – The 2025 edition of GREENEXT Expo, China’s leading greening and accelerator platform, focused on the pillars of Sustainability Innovation × Cross-Sector Collaboration × Business. The eve..

Next Story
Infrastructure Urban

Molecor to Showcase PVC-O Innovation Journey at Upcoming Conference

Molecor, a global leader in Oriented PVC (PVC-O) pipe technology, will host a conference titled “The PVC-O Innovation Journey” on October 10 at 10:30 AM in Room 5 of the CCD South. The session will highlight the company’s latest technological advancements and its continued leadership in sustainable water infrastructure solutions. Molecor invites attendees to explore the latest developments in PVC-O technology during its conference “The PVC-O Innovation Journey”. The event will be led by Ignacio Muñoz, Founder and CEO of Molecor, who will unveil SilkWorm®, the first complete system..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?