Advertisement
CCI Projects has announced a major investment of around INR 700 crore to develop a new luxury residential tower within the Mumbai Metropolitan Region. Introduced earlier this week, the 53-storey tower, named Skyleap, will form part of the Rivali Park 2 gated community situated along the Western Express Highway in Borivali. The development will comprise 320 premium apartments and is expected to generate revenue exceeding INR 1,250 crore on completion. CCI Projects, founded in 2000, has already delivered several towers and currently maintains an active development pipeline across the region.
CCI Projects recently announced that it would invest close to INR 700 crore in the development of a luxury housing tower in the Mumbai Metropolitan Region. The developer stated that it had launched Skyleap, a 53-storey residential tower featuring 320 apartments designed as part of a premium offering. Advertisement
The tower forms a key component of Rivali Park 2, a 6-acre gated community located along the Western Express Highway in Borivali. According to the company, the project has been planned with an estimated investment of INR 700 crore and is projected to generate revenues of more than INR 1,250 crore on completion.
CCI Projects Pvt Ltd, headquartered in Mumbai and established in 2000, noted that it has already completed more than eight towers. The firm currently has an under-construction portfolio measuring around 35 lakh sq ft across ongoing developments.
The announcement signals CCI Projects' continued expansion within the MMR's premium residential segment as it builds on its existing track record of delivered towers and a substantial construction pipeline. With Skyleap positioned within a well-connected Borivali micro-market, the developer aims to strengthen its presence in high-value locations while capturing growing demand for luxury housing. The expected revenue generation of over INR 1,250 crore reflects the company's confidence in the project's appeal and the broader market potential for upscale gated communities in the region.
Source - PTI
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
