TRU Realty Enters Mumbai with ₹400 Cr Projects in Juhu-Andheri Corridor
TRU Realty, led by Sujay Kalele, is set to launch two premium housing projects in Mumbai’s competitive Santacruz–Andheri corridor, valued at ₹400 crore. The move comes as Mumbai’s property market experiences its highest registration numbers in 13 years.
Mumbai PropertyTru RealtyReal EstateJuhuandheriPremium HousingReal Estate MumbaiJul 28, 2025
TRU Realty’s entry into the Mumbai market occurs during a period of favorable market conditions. The city remains one of the most expensive real estate markets in the country, particularly in highly competitive micro-markets such as Juhu and Andheri. At the same time, Mumbai’s property market is experiencing its highest registration numbers in 13 years, as increasing disposable incomes and limited land availability continue to boost demand.
The Mumbai residential real estate market is currently valued at approximately USD 57.9 billion and is projected to grow to nearly USD 98.0 billion by 2030 at an 11.1% CAGR.
“Mumbai has historically been a tough market for non-local developers,” said Sujay Kalele, the Founder CEO of TRU Realty. “Our redevelopment projects in these ultra-competitive neighbourhoods serve as a strong testament to our transparent, technology-driven approach. We are committed to delivering value to homeowners, society members, and end-users through a collaborative and integrity-driven model.”
Previously, TRU Realty has seen success in Pune with a ₹275 crore premium project called TRU Meadows and an exclusive gated villa community called Kekarav. According to the developer, the firm is in the process of expanding its footprint, with an eye on building a sustained multi-city presence through urban redevelopment-led projects. The properties are located near established infrastructure and public transport options, including Juhu Beach, Andheri Railway Station, and Chhatrapati Shivaji International Airport.
TRU Realty’s strategic move into the Mumbai market is a significant step in its growth plan. The company’s focus on high-quality, technology-driven projects in prime locations is expected to attract both local and international investors. With the city’s real estate market showing robust growth, TRU Realty’s entry is poised to make a significant impact on the local housing landscape.
The company’s commitment to transparency and integrity is reflected in its approach to project development. By leveraging advanced technology and maintaining a strong focus on community engagement, TRU Realty aims to set new standards in the Mumbai real estate market. The projects in the Juhu-Andheri corridor are expected to meet the growing demand for premium housing options in the city, while also contributing to the overall development of the area.
For more information about TRU Realty and its projects, visit their official website or contact their customer service team. TRU Realty’s entry into the Mumbai market is a clear indication of the company’s long-term vision and its commitment to delivering high-quality, sustainable housing solutions in India’s most dynamic cities.
Frequently Asked Questions
What is TRU Realty’s new project in Mumbai?
TRU Realty is launching two premium housing projects in the Juhu-Andheri corridor of Mumbai, valued at a total of ₹400 crore.
Why is TRU Realty entering the Mumbai market?
TRU Realty is entering the Mumbai market due to favorable market conditions, including high property registration numbers and increasing demand driven by rising disposable incomes and limited land availability.
What are the key locations for TRU Realty’s new projects?
The new projects are located in the highly competitive Santacruz–Andheri corridor, near established infrastructure and public transport options such as Juhu Beach, Andheri Railway Station, and Chhatrapati Shivaji International Airport.
What is TRU Realty’s approach to project development?
TRU Realty focuses on a transparent, technology-driven approach and is committed to delivering value through a collaborative and integrity-driven model.
What is the projected growth of the Mumbai residential real estate market?
The Mumbai residential real estate market is currently valued at approximately USD 57.9 billion and is projected to grow to nearly USD 98.0 billion by 2030 at an 11.1% CAGR.
Related News Articles
Joint Development Agreements: A Winning Strategy for Real Estate Developers and Landowners
Real estate developers and landowners have signed 56 Joint Development Agreements (JDAs) for 1,546 acres of land, offering a development potential of 110 million sq. ft with an estimated gross development value of around ₹99,460 crore.
JK Cement Posts Impressive Q1 Results with 67% Net Profit Surge
JK Cement Ltd has announced a significant 67% increase in its consolidated net profit to Rs 184.82 crore for the first quarter ended June 2024.
RR Kabel Sees Record Q1 Revenue, Eyes Long-Term Growth in India's Thriving Real Estate Market
RR Kabel's Q1 revenue hits a record high of Rs 1808 crores, driven by strong growth in the wire and cable segment, despite challenges in the industry.
Naredco's 3-Day Property Expo Kicks Off in Mumbai with Rs 10,000 Crore Worth of Inventory
The housing market is experiencing a vibrant surge, fueled by greater job stability, increased disposable incomes, and rising aspirations. Naredco's property expo offers an exceptional opportunity for developers to showcase their premium projects and conn
RINL Production Cuts Spark Concerns in the Indian Construction Sector
Steel rebar prices are on the rise, raising margin concerns for real estate and infrastructure firms. The shortage is partly due to production cuts at state-owned Rashtriya Ispat Nigam Ltd (RINL), a major manufacturer of long steel.
Maharashtra CM Oath Ceremony: Highlights of Devendra Fadnavis, Eknath Shinde, and Ajit Pawar Taking the Oath
Experience the historic moment as Devendra Fadnavis takes the oath as the Chief Minister of Maharashtra, joined by prominent leaders Eknath Shinde and Ajit Pawar. The ceremony was conducted in Marathi, symbolizing the strong cultural roots of the state.