Manglam Group has launched its flagship residential project, Manglam Rajanigandha, in Borivali, Mumbai, marking its entry into the city’s redevelopment market. The project, developed under Manglam & Karnani Ventures LLP, involves an investment of ₹100 crore and is expected to generate revenues of ₹150 crore. Spread across 80,000 sq. ft. of prime land, the development will feature 80 modern apartments, with half reserved for existing tenants and the other half available for new homebuyers.
The apartments are designed as spacious two-bedroom residences, each with one master bedroom, available in RERA carpet sizes ranging from 680 to 776 sq. ft. The project is scheduled for completion by June 30, 2026. The location of Manglam Rajanigandha enhances its appeal, being nestled just off S.V. Road, close to Borivali Station, and in the middle of a well-developed neighborhood with retail, healthcare, education, and entertainment options.
“Mumbai has always been a city of opportunity, and redevelopment is central to its future growth story,” said N. K. Gupta, Chairman, Manglam Group. “Manglam Rajanigandha is not just about redeveloping a parcel of land; it is about revitalising a neighbourhood and reimagining how families experience urban living.”
The project places equal emphasis on lifestyle and wellness, featuring a contemporary fitness centre, landscaped green zones, and terrace features such as a yoga deck, jogging track, and sun deck. Homeowners will also enjoy complimentary lifetime membership at the Mandapeshwar Civic Federation Gymkhana, a premier social and recreational institution.
