Ashmitha Enous
Real estate developer UniMax World has signalled a new phase of purpose-driven growth with ambitious expansion plans in the Navi Mumbai region. The company aims to achieve a topline of Rs 500 crore by FY26- 27, bolstered by a growing land bank and a renewed focus on thoughtful urban solutions.
Founded in 2016, UniMax World has established over 1.45 lakh sq. ft. of built-up space through projects such as UniMax Pride, Happy Home, and Harmony. The firm is now entering an aggressive growth phase, with land acquisition expanding from 10.5 acres in FY24 to an expected 35 acres by FY26- 27. New launches are planned in Navi Mumbai’s emerging micro-markets like Taloja, Neral, Dombivli, and Karjat.
“We’re not just building housing—we’re building holistic ecosystems that reflect affordability, sustainability, and connectivity,” said Israil Shaikh, Founder & Managing Director of UniMax World.
Reflecting on a significant learning moment in his career, Shaikh shared: “I can definitely tell you that if I hadn’t made mistakes, I wouldn’t be sitting over here today. Every mistake is revenue, I think. For example, when I started my career, I took a project in TPE. Then the government changed—brought in NAINA, if you’ve heard about it, over the last 10–12 years. From that mistake, I learned: I will never launch any project without approvals again.”
Director Salim Desai emphasised the company’s strong financial governance and commitment to long-term value creation. “We are entering an exciting phase of consolidation and expansion. Navi Mumbai continues to offer immense opportunities for quality development,” he added.
From vibrant neighbourhoods to integrated urban ecosystems, UniMax is positioning itself as a forward-thinking player in the Mumbai Metropolitan Region (MMR), with over 2,000 homes and multiple commercial projects in the pipeline. The company aims to stay rooted in thoughtful design, sustainability, and community-first values.
