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Atul Projects has taken charge of the redevelopment of a 2.76-acre land parcel in Borivali (West), a location positioned along the active SV Road belt, earlier this week. With an estimated GDV of about INR 750 crore, the company is preparing to introduce luxury 2, 3 and 4-bedroom residences aimed at both end-users and long-term investors seeking premium living options within Mumbai's western suburbs. The initiative builds on Atul Projects' ongoing expansion across the MMR and aligns with its strategy of strengthening its redevelopment portfolio in established residential markets.
Atul Projects has begun acquiring redevelopment rights for a 2.76-acre premium land parcel in Borivali (West), situated along the high-demand SV Road corridor. The scheme carries an estimated Gross Development Value of nearly INR 750 crore and is planned to feature a luxury mix of 2, 3 and 4-bedroom residences designed for families, end-users and investors seeking long-term value, improved connectivity and high-quality amenities in a mature suburban market. The project has been positioned to enhance the residential fabric of Borivali West with contemporary design and upscale facilities. Advertisement
Aakash Patel, Managing Director at Atul Projects, observed that the partnership represented a significant advancement in the company's redevelopment portfolio. He noted that Borivali (West) displayed the core characteristics of a robust residential micro-market, including connectivity, lifestyle infrastructure and stable buyer interest, and stated that the company intended to deliver thoughtfully designed homes that raise the benchmark for luxury living while generating durable value for both residents and investors.
The land parcel lies adjacent to SV Road, a major transit and lifestyle spine in the western suburbs, offering strong accessibility and established social infrastructure. Over the 2.76 acres, the project will offer 2, 3 and 4-bed residences ranging from 800 sq ft to 1,600 sq ft of carpet area, catering to evolving buyer expectations.
This development forms part of Atul Projects' wider effort to deepen its residential presence across high-growth corridors of the Mumbai Metropolitan Region, particularly as the company continues to widen its portfolio of premium housing schemes.
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