Atul Projects Secures Rs 750 Crore Housing Redevelopment Project in Mumbai
Atul Projects, a prominent real estate firm, has secured a Rs 750 crore housing redevelopment project in Borivali West, Mumbai. The project spans 2.76 acres and is expected to boost the residential market in the area.
Real EstateMumbaiRedevelopmentAtul ProjectsBorivali WestReal Estate MumbaiNov 18, 2025
The redevelopment project is a strategic move by Atul Projects to capitalize on the high-growth potential of the Borivali West area. The region is well-connected and boasts robust lifestyle infrastructure, making it an attractive destination for residential development.
Aakash Patel, Managing Director of Atul Projects, expressed his enthusiasm about the project, stating, "Borivali (West) has all the necessary fundamentals of a high-growth residential market: connectivity, lifestyle infrastructure, and ongoing buyer demand. This project aligns perfectly with our strategy to deliver high-quality, sustainable, and innovative housing solutions to the market."
Atul Projects has a strong track record in the Mumbai Metropolitan Region (MMR), having successfully completed numerous real estate projects. The company's expertise in redeveloping aging properties into modern, high-value residential complexes has earned it a reputation for excellence in the industry.
The project's gross development value (GDV) of Rs 750 crore underscores the company's commitment to delivering large-scale, impactful developments. This latest acquisition is expected to further solidify Atul Projects' position in the competitive Mumbai real estate market and contribute to the city's urban transformation.
Borivali West, known for its strategic location and growing infrastructure, is poised to benefit from this redevelopment. The project is expected to attract a diverse range of buyers, from first-time homebuyers to investors looking for long-term value. The inclusion of modern amenities and sustainable design principles will likely enhance the appeal of the project to a broad audience.
Atul Projects' focus on sustainable development practices aligns with the growing demand for eco-friendly and energy-efficient housing solutions. The company is committed to incorporating green building technologies and materials to minimize the environmental impact of the project while ensuring the comfort and well-being of residents.
The redevelopment project is a testament to Atul Projects' ability to identify and capitalize on emerging market opportunities. With a strong pipeline of projects in the pipeline, the company is well-positioned to continue its growth trajectory and deliver value to its stakeholders.
Frequently Asked Questions
What is the estimated revenue of the project?
The estimated revenue of the project is around Rs 750 crore.
Where is the project located?
The project is located in Borivali West, Mumbai.
Who is the Managing Director of Atul Projects?
Aakash Patel is the Managing Director of Atul Projects.
What is the gross development value (GDV) of the project?
The gross development value (GDV) of the project is Rs 750 crore.
What is the size of the land parcel for the project?
The land parcel for the project covers 2.76 acres.
Related News Articles
HYDRAA Files Police Complaint, Seeks ACB Probe in Vertex Real Estate Project Controversy
HYDRAA has filed a police complaint and requested an ACB probe into the Vertex Real Estate project controversy, dismissing social media allegations as false and motivated.
Apple Expands in Hyderabad, Leases Additional 64,125 sq ft Office Space
Apple has leased an additional 64,125 sq ft of office space in WaveRock Tower, Hyderabad, at ₹125 per sq ft, expanding its footprint to over 5 lakh sq ft.
Real Estate Sector Struggles as Repo Rate Stays Unchanged Amid Tariff Woes
In the second quarter of 2025, just 96,285 homes were sold, down sharply from 120,335 in the same period last year, highlighting the growing uncertainty and buyer hesitation in the Indian real estate market.