Manglam Launches ₹100 Crore Residential Project in Borivali, Aiming to Redefine Urban Living
Manglam Group announces the launch of Manglam Rajanigandha, a high-quality residential redevelopment project in Borivali, with an investment of ₹100 crore and expected revenues of ₹150 crore. The project is set for completion by June 2026 and aims to revitalize the neighborhood with modern amenities and lifestyle features.
Manglam RajanigandhaBorivaliRedevelopmentResidential ProjectMumbai Real EstateReal Estate MumbaiOct 06, 2025
With an investment of ₹100 crore and a projected revenue of ₹150 crore, Manglam Rajanigandha spans 80,000 sq. ft. of prime land and is scheduled for completion by June 30, 2026. The development will feature 80 modern apartments, with half reserved for existing tenants and the other half opening opportunities for new homebuyers. Each apartment is designed as a spacious two-bedroom residence, with one master bedroom, available in RERA carpet sizes ranging from 680 to 776 sq. ft.
The location of Manglam Rajanigandha further enhances its appeal. Nestled just off S.V. Road, residents will find themselves steps away from Borivali Station and in the heart of a well-developed neighborhood. This strategic location offers easy access to a variety of retail, healthcare, education, and entertainment options, making everyday life both convenient and enriching.
Manglam Rajanigandha is not just a redevelopment project; it is a vision of revitalizing a neighborhood and reimagining how families experience urban living. Mr. N. K. Gupta, Chairman of Manglam Group, stated, “Mumbai has always been a city of opportunity, and redevelopment is central to its future growth story. Our vision is to contribute meaningfully to Mumbai’s evolving skyline while creating sustainable value for all stakeholders. With an investment commitment of ₹100 crore, we are confident that Manglam Rajanigandha will set a new standard for residential living in the city.”
Ms. Amrita Gupta, Director of 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 this transformation. Our focus has been on delivering homes where families can thrive, surrounded by modern amenities and opportunities for social connection. Borivali is a neighborhood that blends tradition with modernity, and this project has been designed to reflect that. We believe Manglam Rajanigandha will set a new standard for residential living in this part of the city.”
The project places equal emphasis on lifestyle and wellness. A contemporary fitness center allows residents to pursue their health goals, while landscaped green zones and terrace features such as a yoga deck, jogging track, and sun deck create spaces for rejuvenation. Homeowners will also enjoy complimentary lifetime membership at the Mandapeshwar Civic Federation Gymkhana, a premier social and recreational institution. This membership ensures access to a range of indoor and outdoor sporting facilities, including swimming pools, tennis, volleyball, cricket, and squash, along with cultural and recreational amenities such as a library, bridge and card rooms, and banquet spaces.
By revitalizing prime locations like Borivali and creating homes that cater to the evolving aspirations of today’s families, Manglam & Karnani Ventures LLP is reaffirming its commitment to delivering projects that combine value, vibrancy, and vision. As work progresses towards its expected completion in June 2026, Manglam Rajanigandha is poised to redefine what urban living in Borivali can be.
Frequently Asked Questions
What is the total investment for the Manglam Rajanigandha project?
The total investment for the Manglam Rajanigandha project is ₹100 crore.
When is the expected completion date for Manglam Rajanigandha?
The expected completion date for Manglam Rajanigandha is June 30, 2026.
How many apartments will be available in the project?
The project will feature 80 modern apartments.
What are the sizes of the apartments in Manglam Rajanigandha?
The apartments are available in RERA carpet sizes ranging from 680 to 776 sq. ft.
What amenities will be included in the project?
The project will include a contemporary fitness center, landscaped green zones, a yoga deck, jogging track, sun deck, and complimentary lifetime membership at the Mandapeshwar Civic Federation Gymkhana.
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