Manglam Launches ₹100 Crore Residential Redevelopment Project 'Rajanigandha' in Mumbai
Manglam Group's new residential project, Rajanigandha, marks a significant step in the company's expansion in Mumbai's real estate market. The project, set to be completed by June 2026, emphasizes modern living and community well-being.
Manglam GroupRajanigandhaMumbai Real EstateRedevelopmentResidential ProjectReal Estate MumbaiOct 06, 2025
With an investment of ₹100 crore and a projected revenue of ₹150 crore, the project 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. The apartments are designed as spacious two-bedroom residences, each 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 middle of a well-developed neighborhood where retail, healthcare, education, and entertainment options abound. This makes everyday life both convenient and enriching.
“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. Manglam Rajanigandha is not just about redeveloping a parcel of land; it is about revitalising a neighborhood and reimagining how families experience urban living. Our vision is to contribute meaningfully to Mumbai’s evolving skyline while creating sustainable value for all stakeholders, be it tenants, new homebuyers, or the wider community. With an investment commitment of ₹100 crore, we are confident that Manglam Rajanigandha will stand as a benchmark for quality redevelopment and set a new standard for residential living in the city,” said Mr. N. K. Gupta, Chairman, Manglam Group.
Commenting on the launch, Ms. Amrita Gupta, Director of Manglam Group, said, “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. Our focus has been on delivering homes where families can thrive, surrounded by not only modern amenities but also opportunities for social connection and recreation. Borivali is a neighborhood that blends tradition with modernity, and this project has been designed to reflect exactly that. We are confident it will become a landmark address for those seeking both comfort and convenience in their everyday lives. 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 centre 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. Beyond the project’s own offerings, homeowners will enjoy complimentary lifetime membership at the Mandapeshwar Civic Federation Gymkhana, a premier social and recreational institution. This membership ensures access to an impressive 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.
With its blend of modern residences, lifestyle amenities, and community-focused spaces, Manglam Rajanigandha stands as a testament to Manglam & Karnani Ventures LLP’s vision of shaping Mumbai’s redevelopment story. By revitalising prime locations like Borivali and creating homes that cater to the evolving aspirations of today’s families, the company 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 the project?
The expected completion date for the Manglam Rajanigandha project is June 30, 2026.
How many apartments will be available in the project?
The project will feature 80 modern apartments, with half reserved for existing tenants and the other half for new homebuyers.
What are the key amenities offered in Manglam Rajanigandha?
Key amenities include a contemporary fitness centre, landscaped green zones, a yoga deck, jogging track, and sun deck. Homeowners also receive complimentary lifetime membership at the Mandapeshwar Civic Federation Gymkhana.
Who is the Chairman of Manglam Group?
The Chairman of Manglam Group is Mr. N. K. Gupta.
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