Modis Navnirman Ltd to Undertake ₹250 Crore Redevelopment Project in Borivali
Modis Navnirman Limited, a renowned real estate developer specializing in redevelopment projects, has been entrusted with a significant assignment in Borivali, West. The company will undertake the redevelopment of the BOI Staff Sheetal Co-operative Housing Society, located at Ramnagar on S.V. Road. The project, spread across approximately 3924.91 square meters, is estimated to have a Gross Development Value (GDV) of around ₹250 crore.
The redevelopment initiative is designed to create a modern, high-quality residential complex that will significantly enhance safety standards, sustainability features, and lifestyle amenities for the residents. This project is not just about construction; it is a holistic approach to urban living that aims to improve the quality of life for the community.
Mahek Modi, the Whole Time Director and Chief Financial Officer of Modis Navnirman Limited, expressed her enthusiasm about the project. In an official statement, she said, “The unanimous mandate from all members of BOI Staff Sheetal Co-operative Housing Society is a strong validation of the trust reposed in Modis Navnirman. Redevelopment goes beyond construction—it requires empathy, clear communication, and a long-term vision for value creation. This project reinforces our commitment to responsible redevelopment and delivering contemporary living spaces that elevate urban lifestyles in Mumbai.”
This project marks a significant step in Modis Navnirman Limited’s expanding redevelopment portfolio across Mumbai. The company has a strong presence in well-established suburban micro-markets such as Borivali West, where it continues to focus on transforming aging infrastructure into modern, sustainable living spaces.
The redevelopment of BOI Staff Sheetal Co-operative Housing Society is expected to set a new benchmark for residential projects in the region. It will feature state-of-the-art amenities, green spaces, and modern architectural designs that cater to the evolving needs of urban residents. The project is likely to attract significant interest from homebuyers and investors looking for high-quality, well-located properties in Mumbai.
Modis Navnirman Limited is committed to maintaining the highest standards of quality and sustainability in all its projects. The company’s dedication to responsible redevelopment and community engagement has earned it a reputation as a trusted and reliable partner in the real estate sector.
For those interested in exploring exclusive and budget-friendly property deals in Mumbai and surrounding regions, Modis Navnirman Limited invites you to visit their website at https://budgetproperties.in/ for more information.
