Manglam Group has announced its foray into Mumbai’s redevelopment market with the launch of its flagship residential project, Manglam Rajanigandha, in Borivali (West). Developed under Manglam & Karnani Ventures LLP, the project reflects the group’s growing presence in the city’s real estate landscape and its focus on creating high-quality homes through redevelopment. With an investment of Rs 1 billion and expected revenue of Rs 1.5 billion, the project spans 80,000 sq ft of prime land and is targeted for completion by June 2026. It will feature 80 spacious two-bedroom apartments, with half reserved for existing tenants and the rest for new homebuyers. The units will have RERA carpet areas ranging from 680 to 776 sq ft. Strategically located just off S.V. Road and minutes from Borivali Station, Manglam Rajanigandha offers residents easy access to retail, healthcare, education, and entertainment hubs, ensuring both convenience and connectivity. “Mumbai has always been a city of opportunity, and redevelopment is central to its future growth story. As a company, Manglam has always believed that true progress comes from creating projects that stand the test of time,” said N. K. Gupta, Chairman, Manglam Group. “Manglam Rajanigandha is not just about redeveloping a parcel of land; it is about revitalising a neighbourhood and reimagining how families experience urban living. With an investment commitment of ₹1 billion, we are confident that Manglam Rajanigandha will set a new standard for quality redevelopment in the city.” Echoing similar sentiments, Amrita Gupta, Director, Manglam Group, added, “Redevelopment is emerging as one of the most important growth drivers for Mumbai real estate, and Manglam Rajanigandha reflects our commitment to playing a leading role in this transformation. Borivali is a neighbourhood that blends tradition with modernity, and this project has been designed to reflect exactly that.” The project emphasises both lifestyle and wellness, featuring a fitness centre, landscaped greens, and terrace amenities including a yoga deck, jogging track, and sun deck. Additionally, homeowners will enjoy lifetime membership at the Mandapeshwar Civic Federation Gymkhana, offering access to sports and recreational facilities such as swimming pools, tennis and squash courts, a library, and banquet spaces. With its blend of modern design, lifestyle features, and community focus, Manglam Rajanigandha exemplifies Manglam & Karnani Ventures LLP’s vision to redefine Mumbai’s redevelopment story. Scheduled for completion by June 2026, the project aims to create a benchmark for sustainable and aspirational urban living in Borivali.