Mumbai’s Real Estate Boom: A Catalyst for Steel Sector Growth
The real estate and infrastructure boom in Mumbai is driving significant growth in the steel sector, with demand for domestic steel expected to rise. Explore how this transformation is reshaping the city.
Real EstateSteel SectorInfrastructureMumbaiSustainable LivingReal Estate MumbaiSep 27, 2025
About two-thirds of India’s domestically produced steel is consumed by infrastructure and construction, and nearly a third for government projects, observes Shalabh Chaturvedi, Managing Director, CASE Construction Equipment, India & SAARC region. Real estate predominantly uses only domestic steel, further driving the sector's growth.
On September 4, 2025, at the Jio Convention Centre, Mumbai, Anand Sundaresan, Director on the Board and Advisor to the Chairman at Ammann India, received the Equipment India Lifetime Achievement Award 2025, as the hall rose and gave him a standing ovation. For an industry that has seen him steer organisations, inspire teams and raise standards, this moment was more than recognition – it was gratitude. Sundaresan’s acceptance struck a chord with warmth and humility: “I accept it with pride and dedicate it to my family, colleagues, and the entire construction industry. This award is a testament to the hard work and dedication of everyone involved.”
Kalpataru has launched Kalpataru Estella, a new residential phase within its 100+ acre township Kalpataru Parkcity on Kolshet Road, Thane. The launch follows strong Q1 FY26 sales bookings of Rs 12.49 billion, up from Rs 6.82 billion last year. Estella offers 2 and 3 BHK homes with Jodi-flat options, and future phases will include 4 BHK residences. All layouts are Vastu-compliant with natural light, cross ventilation, and 100-metre tower spacing for privacy. Sustainability features include EV charging, energy-efficient systems, and 70 per cent open green spaces, anchored by Namo Grand Central, a 5-acre central park.
The transformation of Mumbai is not just about the numbers; it's about the quality of life. The city is witnessing a renaissance in real estate, with a focus on sustainable and smart living. Kalpataru Parkcity is a prime example of this shift, combining modern amenities with a commitment to environmental responsibility. With the launch of Estella, Kalpataru is setting new benchmarks in township living, offering residents a blend of luxury, comfort, and sustainability.
The steel sector's growth is a direct result of the city's infrastructure and real estate boom. As more projects come online, the demand for high-quality, domestically produced steel will only increase. This not only supports the construction industry but also contributes to the broader economic development of the region. The future looks bright for both the real estate and steel sectors, as they continue to drive Mumbai's transformation into a modern, sustainable metropolis.
Frequently Asked Questions
What is driving the growth in the steel sector in Mumbai?
The growth in the steel sector in Mumbai is primarily driven by the ongoing boom in real estate and infrastructure projects. About two-thirds of India’s domestically produced steel is consumed by these sectors, with real estate predominantly using domestic steel.
What significant award was given in the construction industry in September 2025?
Anand Sundaresan, Director on the Board and Advisor to the Chairman at Ammann India, received the Equipment India Lifetime Achievement Award 2025 at the Jio Convention Centre, Mumbai, on September 4, 2025.
What new residential project has Kalpataru launched in Thane?
Kalpataru has launched Kalpataru Estella, a new residential phase within its 100+ acre township Kalpataru Parkcity on Kolshet Road, Thane. Estella offers 2 and 3 BHK homes with Jodi-flat options and future phases will include 4 BHK residences.
What sustainability features does Kalpataru Estella offer?
Kalpataru Estella offers sustainability features including EV charging, energy-efficient systems, and 70 per cent open green spaces. The township is anchored by Namo Grand Central, a 5-acre central park.
How is the real estate boom in Mumbai impacting the city's development?
The real estate boom in Mumbai is reshaping the city by focusing on sustainable and smart living. Projects like Kalpataru Parkcity are setting new benchmarks in township living, offering residents a blend of luxury, comfort, and environmental responsibility.
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