Navi Mumbai is set to undergo a significant transformation with the launch of its largest cluster redevelopment project at Vashi Nakshatra CHS, spearheaded by EV Homes. This ambitious project, valued at over ₹2,500 crore, aims to elevate Vashi into a premium urban center, integrating modern residential, commercial, and community amenities.
Navi MumbaiCluster RedevelopmentEv HomesVashi Nakshatra ChsSustainable Urban PlanningReal Estate MumbaiAug 28, 2025
The Nakshatra CHS redevelopment project in Vashi, Navi Mumbai, is valued at over ₹2,500 crore.
EV Homes, a prominent player in Navi Mumbai’s redevelopment sector, is leading the transformation of Nakshatra CHS.
The project includes new residential spaces, modern commercial avenues, high-street retail, and community-focused amenities, with a focus on sustainable design and infrastructure.
The project is expected to elevate Vashi into a premium urban centre, similar to global cities, by integrating modern infrastructure and amenities.
Cluster redevelopment, such as the Nakshatra CHS project, creates stronger economies of scale, optimises land use, and supports the integration of sustainability features, aligning with Navi Mumbai's vision of a zero-carbon, sustainable metropolis.
Godrej Properties, a leading real estate player, has seen its shares surge 3% to Rs 2,978.40 on the BSE. The stock's strong performance is driven by the company's Q2 FY25 business update, which showcases its highest-ever booking and collection values. Ana
Bollywood superstar Hrithik Roshan has extended the rental tenure for his commercial space in Pune's Kharadi, a hub for business and entertainment. The deal is valued at ₹6.08 lakh per month, underlining the star's continued commitment to the city.
Metal stock experiences a significant 10% boost after signing a Memorandum of Understanding (MoU) with Eltria Lands for a major real estate development in Maharashtra. This strategic partnership marks a pivotal step for the company, signaling its expansio
Brigade Group, a prominent real estate developer, has announced a joint venture to develop a residential project in Mysuru. The project, spanning approximately 0.45 million square feet, is expected to have a significant impact on the local real estate market.
The real estate sector near the Navi Mumbai International Airport (NMIA) is expected to experience significant growth, driven by the airport's impending operational readiness. Developers and industry experts are optimistic about the positive impact on property values and infrastructure development in the region.
While presales and cash flows in India’s real estate sector were strong in the past two years, the sector is now facing a subtle shift. DLF, Godrej Properties, and Prestige Estates are taking a more cautious approach, and investors are becoming more selective.