Shapoorji Pallonji's Mumbai Housing Project Targets Rs.2.5 Bn Revenue

09 Feb 2024 CW Team

Shapoorji Pallonji Real Estate is poised to generate revenue of around ?2.50 billion from its latest housing project, "Northern Lights," located at Bandra East, Mumbai. The project, spread across 4.8 acres, comprises luxury residences designed to cater to the discerning needs of urban dwellers. With its strategic location and premium amenities, Northern Lights is expected to attract high demand from homebuyers seeking quality living spaces in Mumbai's prime locations.

Shapoorji Pallonji Real Estate aims to leverage its expertise and reputation in the real estate sector to ensure the success of this project. The company is committed to delivering superior quality construction and exceptional living experiences, in line with its legacy of excellence. The Mumbai housing market continues to witness strong demand for residential properties, driven by factors such as urbanization, infrastructure development, and favourable demographics. Shapoorji Pallonji Real Estate's entry into this segment reflects its confidence in the long-term growth prospects of the Mumbai real estate market. With Northern Lights, the company seeks to further strengthen its presence and reputation as a leading developer, delivering iconic projects that redefine urban living in India's financial capital. This ambitious project is poised to contribute significantly to Shapoorji Pallonji Real Estate's revenue and reaffirm its commitment to excellence and innovation in the real estate industry.

Infrastructure Transport

30 May 2026

Chembur Metro to Boost East Mumbai Links

MMRDA is advancing eastern Mumbai’s urban mobility network, with the upcoming Chembur Metro Station set to emerge as a key interchange and the Mumbai Monorail preparing for relaunch.Dr Sanjay Mukherjee, Metropolitan Commissioner, MMRDA, conducted a site visit to Chembur Metro Station along with Kanhuraj Bagate, Managing Director, MMMOCL. He also visited the nearby VN Purav Monorail Station to review system preparedness and ease of interconnectivity.Once operational, the interchange is expected to offer commuters across the eastern suburbs quicker access, smoother transfers and seamless conne..

Herrenknecht TBMs Drive Thane–Borivali Tunnel Progress

Herrenknecht India has supplied two of the four tunnel boring machines (TBMs) required for the 11-km Thane–Borivali Twin Tunnel Project being developed by the Mumbai Metropolitan Region Development Authority (MMRDA). The project is expected to reduce travel time between Thane and Borivali from 60–90 minutes to around 15 minutes while easing congestion across the Mumbai Metropolitan Region.The first two Single Shield TBMs, named Nayak and Arjuna, feature 13.34-m cutterhead diameters and are designed for hard-rock excavation. They will be deployed to tunnel through the challenging geological..

KBL Launches Smart Skid Mounted Fire Pump Set

Kirloskar Brothers (KBL) has launched its Smart Skid Mounted Fire Pump Set, an integrated fire protection solution designed to improve operational efficiency, remote monitoring and installation flexibility. The system was inaugurated by Ms Madhuritai Misal, Hon. Minister of State for Urban Development, Government of Maharashtra.The Smart Skid Mounted Fire Pump Set is a factory-tested, pre-packaged solution that combines FM/UL-certified motor and engine pump sets with IoT-enabled remote monitoring. Designed to deliver a flow rate of 170 m³/hr at a head of 100 metres, the system aims to provide..