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MEGHNA INFRACON INFRASTRUCTURE LTD EXPANDS and sustainability-focused elements in line with evolving urban
PREMIUM RESIDENTIAL & COMMERCIAL FOOTPRINT living standards.
ACROSS MUMBAI WITH AN ADDITION OF 600 CRORE The expansion comes amid growing demand for premium,
GDV, WITH A CUMULATIVE ESTIMATED GDV OF OVER design-led housing in Mumbai, particularly in well-established CONSTRUCTION
`1,000 CRORES. micro-markets where redevelopment continues to unlock value
Meghna Infracon Infrastructure for both residents and developers.
Limited (Meghna Realty), a Commenting on the development, Vikram Lodha, Managing
Mumbai-based real estate Director, Meghna Infracon Infrastructure Limited, said: “Our
developer with a strong focus vision is to establish Meghna Realty
on redevelopment and design- as Mumbai’s most trusted premium
led housing, today announced redevelopment brand. With rising demand
the expansion of its premium for high-quality, intelligently designed
redevelopment portfolio across homes & offices in prime locations, we
Mumbai Metropolitan regions see a significant opportunity to create
most sought-after residential and landmark developments that deliver
Commercial micro-markets, with elevated living experiences and enduring
five new projects spanning the long-term value. Backed by disciplined execution and deep
western suburbs and Thane. market insight, we remain focused on scaling our portfolio while
With the addition of these setting new benchmarks in consistency, quality, and delivery.”
projects, carrying an estimated Additionally, Amit Sathe, Chief Operating Officer, Meghna
Gross Development Value (GDV) Infracon Infrastructure Limited, added: “Our expansion across
of approximately 600 crore, the Mumbai and now Thane reflects an
company’s total construction execution-led growth strategy focused
pipeline now exceeds 10 lakh sq. on high-potential residential and
ft., with a cumulative estimated commercial corridors. Each project has
GDV of over 1,000 crore. This been selected based on location strength,
reinforces its strategy to strengthen redevelopment viability, and demand
presence across premium, high- fundamentals. Our priority remains flawless
demand residential corridors of execution, timely delivery, and creating
the city. premium residential spaces aligned with the aspirations of
The projects Jay Pathik in Goregaon West (~35,000 sq. ft.), Bharti today’s urban homebuyers & office seekers. In a market where
CHS in Bandra (West) (~1,10,000 sq. ft.), Jai Murli Govind CHS in delivery defines credibility, Meghna Realty’s execution will be
Khar (West)(~45,000 sq. ft.), Viram in the Juhu, Vile Parle growth the true differentiator.”
corridor (~32,000 sq. ft.) and Shushma Fabrics, Wagle Estate With a strong pipeline of upcoming redevelopment opportunities,
(~2,85,000 sq. ft.) are situated in established neighborhoods Meghna Realty expects the total potential GDV of its existing and
recognized for excellent connectivity, strong social infrastructure, forthcoming projects crossing 1,000 crore, reinforcing its long-
and sustained demand for premium housing & offices. term growth trajectory.
Among the portfolio, the Bharti CHS project in Bandra West is set
to be the largest luxury sea-facing residential development, with NASHIK SET TO EMERGE AS GROWTH HUB WITH `33,000
an estimated revenue potential of approximately 240 crore and CRORE KUMBH MELA PROJECTS: DEVENDRA FADNAVIS.
a projected timeline extending to 2029. Meanwhile, the Viram Devendra Fadnavis recently said Nashik, known for its religious
project in Juhu, an ultra-luxury development, is expected to and spiritual significance, is set to emerge as a major growth
generate around 85 crore, further strengthening the company’s engine in the coming years, with the state government launching
foothold in the Mumbai Metropolitan Region’s premium projects worth `33,000 crore ahead of the Simhastha Kumbh
residential and commercial micro-markets. Mela.
Additionally, Meghna Realty has recently secured a The Chief Minister said development in Nashik would accelerate
redevelopment project in Wagle Estate, Thane, aimed at as the city prepares to host the mega religious congregation,
constructing an iconic commercial building. This move whose main events are scheduled between October 31, 2026,
underscores the company’s ongoing expansion into high-growth and July 24, 2028.
urban clusters within the Mumbai Metropolitan Region (MMR), “In line with the Simhastha Kumbh Mela, Nashik district, which has
with an estimated total development potential of around 300 religious and spiritual importance, will become a growth engine
crore. of development in the coming period. Nashik will not stop in
All projects are being developed under the redevelopment terms of development,” Fadnavis said.
model and will offer premium residences, retail outlets & offices He added that industrial growth in the region would gain
with contemporary architecture, efficient layouts, larger living momentum through enhanced infrastructure, improved capacity
spaces, and curated lifestyle amenities. The developments will and new facilities, while increased investments are expected to
also incorporate enhanced safety features, dedicated parking, create employment opportunities.

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