TRU Realty Expands into Mumbai with Premium Projects in Juhu-Andheri
TRU Realty, led by former Kolte Patil CEO Sujay Kalele, is set to launch two premium residential projects in the Santacruz-Andheri corridor, aiming to generate Rs 400 crore by 2028.
Mumbai Real EstatePremium ProjectsTru RealtyUrban RedevelopmentSujay KaleleReal Estate MumbaiAug 08, 2025
These projects, scheduled to launch in September 2025, cover a combined area of 0.3 million square feet and involve a total investment of approximately Rs 250 crore. The developments have received RERA (Real Estate Regulatory Authority) approval, ensuring transparency and compliance. The company is optimistic about generating revenue of around Rs 400 crore by 2028.
The strategic locations of these projects are a key selling point. Situated near key infrastructure such as Juhu Beach, Andheri Railway Station, and Chhatrapati Shivaji International Airport, the projects are designed to offer residents a blend of luxury and convenience. This move is part of TRU Realty's broader strategy to expand its multi-city footprint through urban redevelopment.
TRU Realty has a proven track record of success, particularly in Pune. The company has previously launched notable projects such as the Rs 275-crore TRU Meadows and the Kekarav villa community. With over Rs 1,000 crore in assets under development and eight ongoing projects across Pune and Mumbai, TRU Realty positions itself as a forward-looking urban housing player.
The Mumbai real estate market is experiencing a surge, driven by the city's economic growth and the increasing demand for high-quality residential properties. TRU Realty's entry into this market is a strategic move to tap into the growing demand for premium housing solutions. The company's focus on urban redevelopment and its commitment to delivering high-quality, well-located projects make it a formidable player in the real estate sector.
As TRU Realty expands its presence in Mumbai, it is poised to meet the evolving needs of the city's residents, offering them the perfect blend of luxury, location, and lifestyle. With a strong leadership team and a clear vision, TRU Realty is set to make a significant impact in the Mumbai real estate market, contributing to the city's continued growth and development.
Frequently Asked Questions
What are the key features of TRU Realty's new projects in Mumbai?
The key features of TRU Realty's new projects in Mumbai include their strategic locations near Juhu Beach, Andheri Railway Station, and Chhatrapati Shivaji International Airport. These premium residential projects cover a combined area of 0.3 million square feet and are designed to offer residents a blend of luxury and convenience.
When are the new projects in Mumbai scheduled to launch?
The new projects in Mumbai, located in the Santacruz-Andheri corridor, are scheduled to launch in September 2025.
What is the total investment for the new projects in Mumbai?
The total investment for the new projects in Mumbai is approximately Rs 250 crore.
What is TRU Realty's target revenue from these new projects by 2028?
TRU Realty aims to generate revenue of around Rs 400 crore from these new projects by 2028.
What other notable projects has TRU Realty launched in the past?
TRU Realty has previously launched notable projects such as the Rs 275-crore TRU Meadows and the Kekarav villa community in Pune.
Related News Articles
Mumbai's Sky-High Ambitions: Exploring the City's Love for Skyscrapers
As Mumbai continues to grow
Mumbai Records Third-Highest Surge in Luxury Housing Prices Globally
Mumbai's prime residential prices surge 11.5% year-on-year, ranking third globally, as India's economic growth drives demand in luxury housing market.
Affordable Housing Supply Dries Up as Builders Focus on Premium Projects
The latest data from JLL India reveals a 21% decline in affordable housing supply below Rs 50 lakh, while premium projects saw a significant surge in demand.
Priyanka Chopra's Real Estate Empire: A Peek into Her Investments
Priyanka Chopra Jonas is a keen investor in the real estate space, owning multiple properties in India and the US. Here's a look at her recent transactions.
Uber and Heads Up for Tails Expand Pet-Friendly Rides in Delhi and Mumbai
Uber has partnered with Heads Up for Tails to offer pet-friendly rides in Delhi and Mumbai, making travel more convenient and comfortable for pet owners.
Blackstone and Sattva-backed REIT Files Draft Papers for ₹7000 Cr IPO
A real estate investment trust (REIT) backed by asset manager Blackstone Group and Bengaluru developer Sattva Group has filed its draft papers with the Securities and Exchange Board of India (SEBI) for a ₹7000 crore initial public offering (IPO).