October 7, 2025: Manglam Group has announced the launch of its flagship residential project, Manglam Rajanigandha, in Borivali (West), marking the developer’s debut in Mumbai’s growing redevelopment market. The project is being developed under Manglam & Karnani Ventures LLP and is slated for completion by June 2026. It involves an investment of ₹100 crore, with an expected revenue of Rs 150 crore.
Spread across 80,000 square feet of prime land, the development will comprise 80 modern two-bedroom apartments — half allocated for existing tenants and the remainder available for new homebuyers. Each flat will feature a master bedroom, with RERA carpet areas ranging between 680 and 776 square feet. Located just off S.V. Road and within close proximity to Borivali Station, the project benefits from convenient access to retail, healthcare, education and entertainment facilities.
“Manglam Rajanigandha is not just about redeveloping a parcel of land; it is about revitalising a neighbourhood and redefining urban living. Our vision is to contribute meaningfully to Mumbai’s evolving skyline while delivering sustainable value for all stakeholders,” said N.K. Gupta, Chairman of Manglam Group.
Amrita Gupta, Director of the Group, added, “Redevelopment is fast emerging as one of Mumbai’s major growth drivers. With Manglam Rajanigandha, we aim to set a new benchmark for residential living in Borivali.”
The project offers modern amenities including a fitness centre, landscaped gardens, and a rooftop featuring a yoga deck, jogging track and sun deck. Residents will also enjoy complimentary lifetime membership at the Mandapeshwar Civic Federation Gymkhana, granting access to premium recreational and sports facilities such as swimming, tennis, volleyball, cricket and squash, alongside cultural spaces including a library, card rooms and banquet areas.
Source: Housing.com
