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Modis Navnirman secures Rs 250 crore redevelopment project in Mumbai

02 Jan 2026 Evaluate

Modis Navnirman has secured redevelopment project for BOI Staff Sheetal Co-operative Housing Society, located at Ramnagar, Borivali (West), Mumbai. The redevelopment project is spread across a land parcel of around 3924.91 Sq. meters of plot area and is estimated to have a Gross Development Value (GDV) of around Rs 250 crore.

The project will focus on creating a modern, high-quality residential development that significantly enhances safety standards, sustainability features, and lifestyle amenities for residents.

Modi's Navnirman is engaged in the real estate sector. The company’s customer-centric business model focuses on designing and developing its products to address consumer needs across price points.

Peers
Company Name CMP
Lodha Developers 1038.50
Prestige EstatesProj 1461.60
Dilip Buildcon 393.00
DLF 662.55
Oberoi Realty 1679.35
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