Mumbai Based Real Estate Developers Rohan Lifescapes To Commence Work on INR 2000 Crore Borivali Redevelopment Project, Shortly

Mumbai headquartered property developers Rohan Lifescapes is starting its largest project to date in Mumbai's northern neighbourhood of Borivali on a six-acre property with a potential income of more than Rs 2,000 crore.

On six acres, it will feature around 1,000 units for commercial sale, with the remainder going to original owners, who will get 500 square feet of built area.

The project has received all necessary approvals and will be implemented over the next six months.

The company currently has nine ongoing projects totaling approximately 8 million square feet of developed area and seven upcoming launches totaling more than 10 million square feet of saleable area, with the Borivali project representing the company's largest bet to date with over 25,000 square metres of saleable space.

Among its forthcoming projects are Hughes Road, Malabar Hill, and Chowpatty, all of which are located near the business centre of Nariman Point.

Hughes Road (behind Wilson College in south Mumbai), the 50-storied skyscraper that was originally intended to be the city's highest at 90 stories, was unable to get approval from the aviation regulator DGCA and was consequently scaled down and delayed for years.

Hughes Road will consist of one apartment every level beginning on the 30th floor and will be completed in mid-2023.