Suraj Estate Achieves Strong Sales In Mumbai Commercial Project
Manojj Devnani Elevated To Deputy General Manager At Hiranandani Mumbai
Hiranandani Group has appointed Manojj Devnani as Deputy General Manager in Mumbai, strengthening the company’s leadership in marketing, commercial operations, and strategic communications across its real estate portfolio. Devnani, a 16-year veteran of the group, will oversee marketing campaigns, advertising initiatives, and event management while steering corporate communications aligned with Hiranandani’s broader growth strategy.
Industry observers note that leadership continuity is increasingly critical in Mumbai’s competitive real estate market, where brand visibility, stakeholder engagement, and integrated marketing strategies play a key role in project performance and investor confidence. By elevating Manojj Devnani, Hiranandani aims to combine operational experience with strategic insight to navigate the evolving property sector. Throughout his tenure, Manojj Devnani has progressed through roles of increasing responsibility. As Assistant General Manager for nearly four years, he managed on-site operations and marketing campaigns, ensuring project-level execution aligned with corporate objectives. Previously, as Senior Manager – Marketing & Advertising, he led brand positioning, large-scale events, and channel partner engagement, developing capabilities essential for Mumbai’s complex residential and commercial real estate markets.
A senior real estate analyst noted that Manojj Devnani’s appointment underscores the growing importance of marketing and communications leadership in translating macro urban trends into tangible project outcomes. Effective marketing strategy contributes not only to sales and brand equity but also to delivering inclusive, people-first urban developments that integrate social infrastructure, environmental resilience, and sustainable design principles. Hiranandani’s promotion of Manojj Devnani also reflects a broader industry trend in Mumbai, where internal talent succession is critical for sustaining competitive advantage. Developers are increasingly empowering long-serving executives who possess both operational knowledge and strategic foresight, ensuring client relationships, project delivery, and brand reputation remain resilient in a rapidly evolving market.
Analysts add that Mumbai’s real estate ecosystem continues to benefit from infrastructure expansion, transit-oriented development, and evolving residential preferences. Leadership appointments such as Manojj Devnani’s are expected to translate these urban growth drivers into strategic marketing, communications, and event initiatives that support the city’s development while fostering sustainable communities. Going forward, Manojj Devnani will focus on deepening investor engagement, enhancing both digital and physical marketing channels, and integrating corporate communications with event management to support Hiranandani’s ongoing urban development projects. His appointment reinforces the value of experienced leadership in delivering operational efficiency and long-term impact across Mumbai’s high-density, transit-connected neighbourhoods.
Manojj Devnani Elevated To Deputy General Manager At Hiranandani Mumbai
SRA Collects Biometrics From Over Six Lakh Slums
Mumbai’s Slum Rehabilitation Authority (SRA) has completed surveys of more than 8.8 lakh homes across 2,599 slum clusters, marking a significant step in the city’s long-term slum redevelopment strategy. Of these, biometric data—including fingerprints and supporting documents—have been collected from approximately 6.1 lakh households, helping authorities establish a comprehensive database of residents eligible for housing rehabilitation.
The survey, originally slated for completion by the end of 2025, is set to continue into 2026 as officials aim to cover remaining slum pockets. Urban planners estimate that the total number of slum households in Mumbai may approach 13 lakh, reflecting the scale and complexity of the city’s informal settlements. A senior official highlighted that the exercise is critical for assessing housing volumes, identifying eligible occupants, and initiating redevelopment projects in line with sustainable urban planning principles. While surveyed homes are assigned unique identification numbers, officials note that gaps persist in biometric submissions due to reluctance among some residents to provide documentation. This discrepancy underscores the challenges of large-scale civic data collection in informal settlements, where trust-building and citizen engagement remain essential. Survey teams are also expanding coverage to partially documented areas and new slum clusters, with the aim of enhancing data reliability for future housing initiatives.
Since 2016, the SRA has employed a combination of on-ground and technological methods. Earlier surveys focused on cluster-level biometric collection and GIS mapping. In 2021, drone-assisted citywide mapping identified nearly 13 lakh slum homes, providing a visual and geospatial framework for prioritising redevelopment efforts. Experts note that such integrated approaches are increasingly necessary for effective planning in dense urban environments. The survey covers slums on state and private land, with data submitted to the respective deputy collector for eligibility verification. Slums under central government, railway, defence, and forest jurisdictions, as well as the Dharavi area, are excluded due to separate administrative frameworks. Among the homes surveyed post-2021, the majority—over 4.26 lakh—are on state or private land, with smaller numbers located on MHADA and municipal plots.
A senior urban affairs expert observed that the SRA survey represents a foundational step toward evidence-based, people-first redevelopment. By combining biometric, geospatial, and administrative data, authorities can better plan rehabilitation projects, allocate resources, and improve service delivery in Mumbai’s high-density settlements. The exercise also highlights the importance of stakeholder coordination, including government agencies, private contractors, and resident communities, in achieving scalable urban outcomes. As Mumbai continues to pursue slum-free neighbourhoods, completion of the survey will enable targeted redevelopment, enhance living conditions, and support more equitable, climate-resilient urban growth. Observers note that bridging the remaining gaps in data and participation remains crucial for translating survey findings into actionable housing and infrastructure projects.
SRA Collects Biometrics From Over Six Lakh Slums
Navi Mumbai Housing Prices Up Over 22 Percent
Navi Mumbai’s residential property market has recorded robust growth over the past five years, with average apartment prices rising by more than 22%, reflecting the impact of large-scale infrastructure development and maturing micro-markets. Industry experts suggest that projects such as the upcoming Navi Mumbai International Airport, expanding metro corridors, upgraded roads, and enhanced multimodal connectivity with Mumbai and Pune are driving sustained demand and shaping the city as a balanced, long-term investment hub.
Data from a recent InvestoXpert report indicates that average apartment rates increased from approximately Rs 14,800 per sq.ft in 2021 to Rs 18,100 per sq.ft in 2025, translating into a cumulative appreciation of 22.4% over five years. While short-term variations exist across specific nodes, the broader market trajectory has been upward, anchored by end-user demand, improved accessibility, and consistent absorption in well-connected localities. Established residential hubs continue to outperform the regional average. Vashi, a mature micro-market, has seen prices move from Rs 22,800 per sq.ft to Rs 28,300 per sq.ft, demonstrating sustained demand from owner-occupiers. Seawoods, benefiting from metro connectivity and modern township developments, now ranks among the costliest areas in the region, with prices reaching Rs 32,400 per sq.ft over the same period. Growth corridors such as Ulwe and Kharghar have experienced steady, incremental increases, reflecting ongoing infrastructure upgrades and proximity to upcoming employment nodes.
Peripheral and emerging locations show more moderate price appreciation. Areas including Dronagiri, Pushpak Nagar, and Panvel are in early stages of market maturation, with apartment prices generally ranging between Rs 10,000 and Rs 12,900 per sq.ft in 2025. Analysts suggest these markets remain attractive for long-term investors seeking value entry points ahead of future infrastructure operationalisation. Investors and developers are increasingly recognising Navi Mumbai’s potential as a future-ready urban hub. Prominent developers including Tata Realty, Raheja Corp, Godrej Properties, L&T Realty, and Hiranandani Group are expanding footprints through residential, commercial, and mixed-use projects across Ghansoli, Panvel, and Kharghar. Established nodes such as Vashi have also attracted significant redevelopment interest, with leading developers acquiring land for integrated townships and high-density residential projects.
Corporate and data centre investments are further strengthening the local economy. Business parks, the World Trade Centre, and international data centre operators are generating employment, reinforcing live-work dynamics, and contributing to the city’s economic diversification. Urban planners note that as these infrastructure and commercial developments mature, Navi Mumbai is emerging as a resilient, sustainable, and well-connected alternative to Mumbai’s core residential markets. Looking ahead, analysts predict that price growth will remain fundamentally driven, with selective micro-markets continuing to outperform as connectivity, social infrastructure, and urban planning shape long-term value creation.
Navi Mumbai Housing Prices Up Over 22 Percent
Mumbai Kandivali West Attracts Homebuyers and Investors
Kandivali West is increasingly drawing attention from homebuyers and investors as a residential locality offering a balance of affordability, connectivity, and growth potential. Located approximately 40 km from Mumbai’s city centre, the suburb combines well-established infrastructure with ongoing development, positioning it as a practical option for families and property investors navigating the city’s competitive housing market.
Urban planning experts highlight that Kandivali West’s appeal stems not only from its pricing but also from its transport links. The suburb is served by Kandivali station on the Western Line, providing residents with frequent train services connecting Virar to central Mumbai. Additionally, the Kandivali metro station, operational since 2022, has significantly reduced commute times, linking northern suburbs to key commercial hubs. Road connectivity is similarly robust, with the Western Express Highway and SV Road facilitating easy access to neighbouring areas like Malad and Borivali. The suburb’s housing landscape reflects a mix of older residential complexes and new developments. Several older societies are undergoing redevelopment, while gated communities and modern apartment projects are emerging, offering contemporary amenities such as security systems, landscaped spaces, and recreational facilities. These developments have catalysed steady property value growth, with average rates ranging from Rs 13,800 to Rs 23,750 per square foot. Prime areas such as Mahavir Nagar command higher prices, while pockets like Charkop Gaon remain relatively affordable, providing diverse options for buyers with varying budgets.
Rental demand in Kandivali West is also strong. Analysts note that typical 2 BHK apartments rent for Rs 35,000–50,000 per month, while smaller units range between Rs 20,000 and Rs 35,000. Gated communities attract higher rents due to additional security and amenities, reflecting the suburb’s increasing desirability among both end-users and investors. Despite its advantages, the suburb faces some challenges. Seasonal declines in air quality, peak-hour traffic congestion, and waterlogging in certain areas during monsoon months remain concerns for residents. Additionally, older pockets sometimes lack modern infrastructure, which can limit lifestyle choices compared with newer localities. Urban experts emphasise that integrating sustainable planning and infrastructure upgrades will be key to maintaining Kandivali West’s long-term attractiveness.
Looking ahead, the combination of improved public transport, redevelopment initiatives, and consistent property appreciation positions Kandivali West as a strategic choice for homebuyers seeking value without compromising on accessibility or essential amenities. Planners note that continued investment in civic infrastructure and environmentally sensitive urban design could further enhance the suburb’s role as a model for inclusive, connected, and sustainable northern Mumbai neighbourhoods.
Mumbai Kandivali West Attracts Homebuyers and Investors
Wipro Expands Navi Mumbai Office Footprint
Wipro has strengthened its operational base in Navi Mumbai by committing to a large office expansion at a premium Special Economic Zone campus in Airoli, reinforcing the city’s growing role as a decentralised employment hub within the Mumbai Metropolitan Region. The move reflects sustained confidence in purpose-built business districts that offer scale, infrastructure reliability, and long-term cost efficiency for large workforces.
Public registration records indicate that the technology services major has taken on over 1.45 lakh square feet of additional Grade A office space through a multi-year lease arrangement. This transaction significantly increases the company’s total footprint at the Airoli campus, which has steadily evolved into one of Navi Mumbai’s most active technology clusters. Possession of the newly leased space is scheduled for early 2026, with operations expected to commence after a short transition period. Commercial property analysts say the expansion highlights a broader trend in Wipro office leasing, where established firms are consolidating operations within large-format campuses rather than dispersing teams across fragmented locations. Such consolidation supports operational efficiency while allowing firms to invest in customised, energy-efficient interiors and digital infrastructure aligned with long-term business needs.
The deal also underscores Navi Mumbai’s rising appeal within the regional office market. Unlike traditional business districts in Mumbai, Airoli offers comparatively lower congestion, predictable commute times, and direct rail connectivity to residential catchments across Thane and eastern suburbs. Urban planners note that this proximity between workplaces and housing reduces travel stress, improves workforce participation, and supports more inclusive urban growth. From a market perspective, the transaction comes amid tightening vacancies in established Navi Mumbai micro-markets. Industry experts point out that sustained absorption by technology firms and Global Capability Centres has pushed demand toward campuses that can offer large contiguous floor plates, compliance-ready infrastructure, and long-term scalability. Rental values in such developments have shown steady upward movement, reflecting both limited supply and consistent occupier interest.
Sustainability considerations are increasingly shaping leasing decisions as well. Modern SEZ campuses in Navi Mumbai are designed around lower energy consumption, water reuse systems, and improved air quality management—factors that align with corporate climate commitments and the region’s resilience objectives. These attributes are becoming decisive for occupiers planning long-term occupancy rather than short-term space optimisation. At a national level, India’s office market closed 2025 at record absorption levels, with the Mumbai region emerging as a key contributor. As infrastructure upgrades and transit connectivity continue to improve, market watchers expect Wipro office leasing activity to further reinforce Navi Mumbai’s position as a stable, future-ready business destination within the metropolitan economy.
Wipro Expands Navi Mumbai Office Footprint
ANAROCK Appoints Dinesh Bhardwaj As Assistant VP
ANAROCK has appointed Dinesh Bhardwaj as Assistant Vice President, a senior official confirmed. The appointment is aimed at bolstering the company’s sales leadership, driving market expansion, and improving client engagement across key urban markets. This development signals the growing importance of experienced sales leadership in India’s competitive real estate advisory landscape.
Mr Bhardwaj brings nearly 18 years of industry experience to ANAROCK, including leadership roles at Magicbricks (Times of India Group) where he managed area, territory, and zonal sales across Noida and Ghaziabad. Industry experts highlight that such experience, spanning both frontline and strategic sales, positions him to spearhead channel development, revenue growth, and high-performing sales teams. Earlier, his contributions at IndiaMART InterMESH Limited in client acquisition and digital sales further strengthened his track record in scalable business growth. Analysts suggest that ANAROCK’s decision reflects a broader trend among real estate advisory firms: a focus on senior sales talent to navigate increasingly complex markets. With urban property demand evolving and client expectations shifting towards integrated advisory solutions, leadership that combines execution discipline with market insight becomes critical. A senior industry observer noted that firms like ANAROCK are increasingly prioritising customer-centric sales approaches to differentiate themselves in dense urban markets.
In his new role, Bhardwaj will oversee go-to-market strategies, coordinate sales channels, and lead teams to unlock new business opportunities. Urban planners and property market specialists point out that such appointments can accelerate the adoption of data-driven advisory services, particularly as buyers and developers seek insights on urban land use, regulatory trends, and sustainable development practices. By focusing on advisory excellence, the firm aims to influence responsible real estate decision-making, balancing profitability with long-term urban resilience. The appointment also underscores ANAROCK’s commitment to strengthening its leadership bench with professionals who can bridge operational expertise with client strategy. Observers suggest that effective sales leadership in the real estate advisory sector not only drives business growth but also enhances transparency and accountability in property transactions, which is increasingly demanded by urban consumers.
Looking ahead, the firm expects Bhardwaj’s leadership to support both regional and national growth initiatives, while advancing its capability to deliver tailored market insights. As India’s urban housing and commercial markets evolve, such strategic hires reinforce the need for advisory firms to combine robust sales execution with data-informed client solutions, fostering sustainable, equitable growth in urban real estate markets.
ANAROCK Appoints Dinesh Bhardwaj As Assistant VP
MHADA To Survey 13000 Cessed Buildings Mumbai
Maharashtra Housing and Area Development Authority (MHADA) has announced plans to conduct a comprehensive structural audit of all 13,091 cessed buildings in Mumbai ahead of the 2026 monsoon season. The initiative marks a departure from previous years when only a fraction of aging structures were formally assessed, signalling a more proactive approach to mitigating monsoon-related building hazards.
Cessed buildings, most of which are over eight decades old, have long posed risks to residents due to structural wear, inadequate maintenance, and overcrowding. Urban planners and industry experts note that periodic audits are crucial in a densely populated city like Mumbai, where even minor structural failures can have catastrophic consequences. Last year, only around 1,000 cessed buildings underwent detailed structural evaluation, leaving large sections of the city’s historic housing stock potentially vulnerable. The planned audit will be conducted by four separate agencies over a 2–3 month period, with priority given to structures exhibiting early signs of distress. According to MHADA estimates, the exercise is projected to cost approximately ₹40 crore, averaging up to ₹90,000 per building depending on size and tenancy levels. Once completed, officials anticipate a substantial rise in the number of buildings classified as dangerous or extremely dangerous, reflecting both the scale of the city’s ageing infrastructure and the authority’s intensified monitoring efforts.
This move is part of a broader strategy by MHADA to encourage redevelopment of cessed properties. By systematically identifying at-risk buildings, the authority aims to facilitate safer living conditions while also creating opportunities for responsible urban renewal. Redevelopment of cessed structures, when executed with community consent, can enhance building safety, improve density management, and introduce more climate-resilient construction methods in Mumbai’s core neighbourhoods. The decision follows a legal and regulatory context that has shaped cessed building management in the city. Notices issued in 2024 to nearly a thousand dangerous buildings in South Mumbai triggered court interventions, delaying redevelopment under the MHADA Act. With recent legal clarifications and consent mechanisms in place, the authority is now positioned to implement large-scale audits and redevelopment initiatives while balancing the rights of landowners and tenants.
Urban affairs analysts suggest that MHADA’s move could also influence private developers and housing cooperatives by reinforcing the importance of structural integrity, maintenance transparency, and risk mitigation in high-density residential environments. By prioritising safety audits ahead of monsoon season, the city may reduce human and economic losses associated with building collapses while fostering a more accountable approach to real estate redevelopment. As Mumbai braces for the upcoming monsoon, the comprehensive survey signals a shift toward systematic, citywide infrastructure oversight, providing residents, planners, and policymakers with critical data to manage urban risk more effectively and to support a sustainable, resilient housing framework.
MHADA To Survey 13000 Cessed Buildings Mumbai
Shelaji Group Recognised For Luxury Residential Project The Legacy
Mumbai’s premium residential market continues to evolve, with a growing emphasis on design quality, livability, and location-led value. In a notable development, Shelaji Group has received the Iconic Luxury Project Award for its upcoming residential project, The Legacy, in Borivali West, highlighting the increasing importance of architectural and planning excellence in the city’s urban housing sector.
The recognition reflects a broader trend among Mumbai developers to prioritise long-term value, sustainable design, and lifestyle-oriented planning over purely volume-driven expansion. According to industry experts, projects such as The Legacy exemplify a measured, quality-first approach, addressing the demand for residences that are not only visually appealing but also practical and durable. Borivali West has emerged as a strategic choice for premium developments. The neighbourhood combines robust social infrastructure with mature transport networks and access to natural open spaces, making it attractive for families seeking convenience alongside a balanced urban environment. Urban planners note that such locations, when developed with careful attention to density and environmental integration, contribute to a cityscape that is both liveable and climate-resilient.
The Legacy is positioned as an ultra-luxury residential project, featuring a limited number of homes designed for exclusivity and privacy. The development emphasises spacious interiors, efficient layouts, and design coherence, aiming to enhance long-term usability and aesthetic appeal. Experts highlight that smaller, quality-focused projects in established neighbourhoods often set new benchmarks for urban redevelopment and can elevate market standards for surrounding areas. In addition to individual homes, the project focuses on holistic residential experience, including thoughtfully designed common areas and lifestyle amenities. Urban development analysts note that integrating communal spaces while maintaining private living quarters reflects a broader shift in Mumbai’s housing market, where developers are increasingly expected to create cohesive, sustainable neighbourhoods rather than isolated high-rise blocks.
Shelaji’s recognition by The Bright Awards underscores the value of disciplined execution. The developer’s structured approach to approvals, planning, and construction ensures consistency and reliability, traits that reinforce buyer confidence in Mumbai’s often complex real estate ecosystem. Industry observers suggest that such recognition not only enhances brand credibility but also signals growing investor interest in quality-oriented urban redevelopment. Looking ahead, The Legacy is expected to influence Borivali West’s residential landscape by demonstrating how premium developments can combine design integrity, location advantages, and sustainable planning principles. As the city’s high-end housing segment matures, projects like this illustrate the direction of Mumbai’s urban market: one that balances luxury, livability, and long-term value creation.
Shelaji Group Recognised For Luxury Residential Project The Legacy
Sri Lotus Signs Lokhandwala Ultra Luxury Redevelopment
