October 06, 2025: Manglam Group announced the launch of its flagship residential project, Manglam Rajanigandha in Borivali (West), marking its entry into Mumbai’s redevelopment market. The project is being developed under Manglam & Karnani Ventures LLP. The project is expected to be completed by June 2026, with an investment of Rs 100 crore and projected revenue of Rs 150 crore.
The project, spread over 80,000 square foot (sqft) of prime land, will feature 80 modern apartments, with half reserved for existing tenants and the other half opening opportunities for new homebuyers. The development provides two-bedroom apartments, each with one master bedroom, available in RERA carpet sizes ranging from 680 to 776 sqft. According to the developer, the project is located just off S.V., with Borivali Station in proximity. The area has retail, healthcare, education and entertainment options.
“Manglam Rajanigandha is not just about redeveloping a parcel of land; it is about revitalising a neighbourhood and reimagining how families experience urban living. Our vision is to contribute meaningfully to Mumbai’s evolving skyline while creating sustainable value for all stakeholders, be it tenants, new homebuyers, or the wider community. With an investment commitment of Rs 100 crore, we are confident that Manglam Rajanigandha will stand as a benchmark for quality redevelopment and set a new standard for residential living in the city,” said N. K. Gupta, Chairman, Manglam Group.
Amrita Gupta, director of Manglam Group, said, “Redevelopment is emerging as one of the most important growth drivers for Mumbai real estate, and Manglam Rajanigandha reflects our commitment to playing a leading role in this transformation. We believe Manglam Rajanigandha will set a new standard for residential living in this part of the city.”
The project has a fitness centre, landscaped green zones and terrace features such as a yoga deck, jogging track and sun deck. Complimentary lifetime membership at the Mandapeshwar Civic Federation Gymkhana, a premier social and recreational institution, is available for the residents to access to indoor and outdoor sporting facilities. These include swimming pools, tennis, volleyball, cricket, and squash, along with cultural and recreational amenities such as a library, bridge and card rooms, and banquet spaces.
