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Sanghvi Realty has announced two new residential projects-Sanghvi Tirth in Andheri and Sanghvi Morya in Shivaji Park-with a combined Gross Development Value of INR 220 crore. Both sites have been demolished and are awaiting Commencement Certificates before construction begins. The firm said the locations were selected for their strong connectivity and steady end-user demand. The launches follow other recent developments such as Sanghvi Palazzo, Sanghvi Aria and Sanghvi Optima, reflecting the company's delivery-focused approach. Directors Pakshal and Shankesh Sanghvi noted that the projects reinforce the firm's commitment to Mumbai's core housing markets. Construction will commence once regulatory approvals are secured.
Sanghvi Realty announced two new residential developments earlier this week, strengthening its footprint in established Mumbai neighbourhoods. The projects-Sanghvi Tirth in Andheri and Sanghvi Morya in Shivaji Park-together hold a Gross Development Value of INR 220 crore. Both sites have been demolished to ground level and are awaiting Commencement Certificates before construction begins. Advertisement
Sanghvi Tirth, located in Andheri, carries a GDV of INR 100 crore, while Sanghvi Morya in Shivaji Park accounts for INR 120 crore. The company said these locations were chosen for their connectivity, mature social infrastructure and consistent end-user demand.
The launches follow a series of recent developments by the company, including Sanghvi Palazzo in Andheri, Sanghvi Aria in Santacruz and Sanghvi Optima in Dadar, projects that have reinforced its delivery-led approach in Mumbai's competitive market.
Pakshal Sanghvi, Director at Sanghvi Realty, noted that the two projects reflect the company's continued commitment to Mumbai's core residential catchments. He said that both Andheri and Shivaji Park remain attractive for homebuyers who prioritise infrastructure, community networks and dependable delivery timelines.
Shankesh Sanghvi, also a Director, said the simultaneous launch of Tirth and Morya allowed the firm to address varied buyer segments across two strong micro-markets. He added that recent project performance had encouraged confidence among homebuyers who valued regulatory compliance and timely handover.
The company recently delivered Sanghvi Infenia in Santacruz East and initiated soft possession at Sanghvi Palazzo, underlining its focus on execution. Both new developments are positioned to move into the construction phase once regulatory approvals, including Commencement Certificates, are issued. Further details on configurations, specifications and delivery timelines will be shared after clearances are received.
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