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Non Banking Financial Company (NBFC)
Expansion28 Apr 2026, 09:33 am

Meghna Infracon expands Mumbai footprint with ₹600 Cr GDV addition

AI Summary

Meghna Infracon Infrastructure Limited (Meghna Realty) announced the expansion of its premium redevelopment portfolio across Mumbai Metropolitan Region. The company added five new residential and commercial projects in western suburbs and Thane, with an estimated Gross Development Value (GDV) of approximately ₹600 crore. This addition increases the company's total construction pipeline to over 10 lakh sq. ft., with a cumulative estimated GDV exceeding ₹1,000 crore. Key projects include Bharti CHS in Bandra West (luxury sea-facing, ₹240 crore revenue potential), Viram in Juhu (ultra-luxury, ₹85 crore), and a commercial building in Wagle Estate, Thane (₹300 crore potential). All projects are under the redevelopment model, focusing on premium residences, retail, and offices with modern amenities and sustainability features. The expansion aligns with the growing demand for high-quality, design-led housing in Mumbai's established micro-markets.

Key Highlights

  • Meghna Infracon adds 5 new projects in Mumbai MMR.
  • New projects contribute ₹600 crore to Gross Development Value (GDV).
  • Cumulative estimated GDV now exceeds ₹1,000 crore.
  • Focus on premium residential and commercial redevelopment.
  • Bharti CHS project in Bandra West has ₹240 crore revenue potential.
NAYSAA
Non Banking Financial Company (NBFC)
Naysaa Securities Ltd

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