Excel Infra Launches Rs 250 Cr Luxury Housing Project in Mumbai's Bandra
Excel Infra Construction is set to invest Rs 250 crore in a luxury residential project in Bandra Reclamation, Mumbai. The 33-story tower will feature 96 units, priced at Rs 51,500 per square foot.
Mumbai Real EstateLuxury ResidentialExcel InfraBandra ReclamationHousing ProjectReal Estate MumbaiSep 01, 2025
The funding for the project will be a mix of equity and an Alternative Investment Fund (ATF) structured as non-convertible debentures. Excel Infra expects to generate revenue of Rs 400 crore from this ambitious project. The company is confident of delivering the project ahead of the scheduled completion date, thanks to a well-structured investment and the adoption of advanced construction technology.
Virendra Vora, Promoter and Managing Partner of Excel Infra Construction, expressed his optimism about the project. 'With a well-structured investment and the adoption of advanced construction technology, we are confident of delivering a project much ahead of the scheduled date of delivery,' he said.
Excel Infra has a strong track record in the real estate sector, having developed over 20 projects across Mumbai. The company's expertise in delivering high-quality residential projects has earned it a reputation for excellence and reliability in the industry.
The choice of Bandra Reclamation as the project location is strategic, given the area's high demand for luxury housing. Bandra is a bustling suburb known for its vibrant lifestyle, excellent connectivity, and premium amenities. The 'Bellissima' project is expected to attract a mix of high-net-worth individuals and discerning buyers looking for a premium living experience in one of Mumbai's most desirable locations.
The project's design and amenities are tailored to meet the needs of luxury homebuyers. The 33-story tower will feature a range of facilities, including landscaped gardens, a swimming pool, a fitness center, and a club lounge. The apartments will be equipped with modern amenities and high-end finishes to ensure a comfortable and luxurious living experience.
Excel Infra's commitment to quality and innovation is evident in the 'Bellissima' project. The company's focus on delivering a premium product, combined with its strong financial backing and advanced construction techniques, positions 'Bellissima' as a standout offering in the Mumbai real estate market.
Frequently Asked Questions
What is the total investment in the 'Bellissima' project?
The total investment in the 'Bellissima' project is Rs 250 crore.
How many units will the 'Bellissima' project have?
The 'Bellissima' project will have 96 units in a 33-story tower.
What is the price per square foot for the apartments in 'Bellissima'?
The apartments in 'Bellissima' are priced at Rs 51,500 per square foot.
What is the expected revenue from the 'Bellissima' project?
Excel Infra expects to generate revenue of Rs 400 crore from the 'Bellissima' project.
What are some of the amenities included in the 'Bellissima' project?
The 'Bellissima' project will feature landscaped gardens, a swimming pool, a fitness center, and a club lounge.
Related News Articles
Boosting India's Housing Market: Developers Seek Tax Incentives and Industry Status in Budget 2024
The Indian housing sector is looking forward to the Union Budget 2024, expecting tax reliefs and other sentiment boosters to stimulate growth in the market.
Kalpataru Ltd Set to Enter Nagpur Real Estate Market with Plotted Development Project
Mumbai-based Kalpataru Ltd plans to launch a plotted development project in Nagpur, marking its entry into the city's real estate market. The project will be spread across 37 acres and will have 400 plots of sizes 1,200 to 4,000 sq ft range.
Hong Kong Halts Commercial Land Sales for Seventh Consecutive Quarter
Hong Kong's government has announced that it will not sell any commercial land in the quarter from October to December, citing low demand and high office vacancy rates.
Homebuyers Forum Claims RERA Act Falls Short of Objectives, Urges Consumer Affairs Ministry for Action
A forum representing homebuyers in Maharashtra claims that the Real Estate (Regulation and Development) Act, 2016, has failed to meet its objectives. The forum is now urging the Union Consumer Affairs Ministry to issue specific guidelines to protect consu
Ahmedabad Shines with Top Rental Yields in India
Ahmedabad leads the pack with the highest rental yields in India, clocking in at 3.9%, according to a recent report by Magicbricks. Other cities like Hyderabad, Kolkata, and Pune are also seeing significant increases in rental returns.
Incuspaze Expands with Major Leasing Deal in Gurugram's Thriving Real Estate Market
Incuspaze, a prominent player in the commercial real estate sector, has announced a significant leasing deal in Gurugram, marking a major expansion in one of India’s most booming real estate markets. This move underscores the growing demand for quality of