Atul Projects Acquires Rights for Rs 750-Crore Redevelopment in Mumbai’s Borivali West
The developer cites Borivali West’s connectivity, lifestyle infrastructure, strong buyer demand as the project’s draw.
Overview
- Atul Projects announced the purchase of redevelopment rights for a 2.76-acre site in Borivali West, Mumbai.
- The company values the planned project at an estimated gross development value of about Rs 750 crore.
- The announcement was issued via a company statement carried by PTI and republished by multiple outlets.
- Managing director Aakash Patel described Borivali West as a high-growth residential market driven by location advantages and consistent demand.
- The firm highlights its prior track record across the Mumbai Metropolitan Region as context for the new redevelopment.