The full inventory closure of Solaris underscores Raheja Universal’s strong foothold and ability to deliver high-value real estate projects in the Mumbai Metropolitan Region (MMR). Solaris, strategically positioned in Vashi NX—a rapidly developing micro-market—offered a diverse range of thoughtfully designed 2, 3, and 4 BHK residences. Homebuyers were drawn to the project’s comprehensive offering, which included over 30 lifestyle and wellness amenities, catering to modern aspirations.

Part of the larger Raheja District mixed-use township, the Solaris cluster contributed to a self-sustained urban ecosystem that integrates residential, commercial, and retail infrastructure. This integrated approach, featuring a 1+ km retail Boardwalk, a proposed District Club, and a District Park, has positioned Raheja District as one of Navi Mumbai’s most sought-after lifestyle-centric developments.

Ashish Raheja, Managing Director & CEO, Raheja Universal, commented on the achievement, stating, “The overwhelming response to Solaris reflects the evolving aspirations of today’s homebuyers, who want more than just a home. They seek vibrant communities, expansive greens, and a well-rounded lifestyle experience. This milestone is a testament to our continued focus on thoughtful design, location-led planning, and future-ready development – which we aim to carry forward with Lunaris.”

Following the resounding success of Solaris, Raheja Universal is now poised to launch Lunaris, the next phase of urban-fit homes within Raheja District. Lunaris is set to build upon the established vision of experience-led urban living, promising design-forward residences, spatial elegance, and elevated amenities for contemporary city dwellers.

The successful closure of Solaris reaffirms Navi Mumbai’s attractiveness as a residential hub, driven by factors such as enhanced connectivity, ongoing infrastructure development, and a strong demand for well-planned, amenity-rich living spaces. The property market in Navi Mumbai has shown resilience and growth, making it a preferred choice for both homebuyers and investors.

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The primary focus of the development will be on residential units, complemented by commercial and retail spaces. Located in the vibrant suburb of Bhandup, the site offers exceptional connectivity to major commercial hubs in Mumbai, with easy access to the Jogeshwari-Vikhroli Link Road, the Eastern Express Highway, and convenient train and metro links.

The deal was facilitated by ANAROCK Capital, with legal advice provided by Khaitan & Co.

K K Bangur, Chairman of GKW, expressed confidence in the partnership, stating, “This transaction aligns with our vision to expand our footprint in the real estate sector. We are excited to collaborate with Mahindra Lifespace Developers to create a world-class, mixed-use development that will add significant value for our shareholders.”

GKW, formerly known as Guest Keen Williams Limited, is primarily engaged in warehousing and logistics solutions and owns a significant land bank, including large parcels in Kolkata and Bhandup. This latest venture in Mumbai marks a significant step in the company’s ongoing expansion into real estate development.

Also Read: ANAROCK Raises ~INR 200 Cr (USD 25 Mn) Funding from 360 ONE Asset

The post GKW Partners with Mahindra Lifespace Developers for Major Mixed-Use Development in Bhandup, Mumbai appeared first on Square Feat India.

With a solid reputation in the real estate sector, Colliers Project Leaders has successfully delivered numerous large-scale projects globally, including the World Trade Center in Bengaluru, India. The firm’s growing presence in the Middle East has garnered recognition for excellence across various segments, such as infrastructure, residential, education, healthcare, and office spaces.

Sankey Prasad, Chairman & Managing Director for Colliers in the Middle East and India, emphasized the firm’s commitment to integrating global best practices and pioneering technologies to ensure superior project outcomes. “We are grateful to Renshin Limited and the Government of Armenia for entrusting us with this marquee assignment,” Prasad stated.

Artashes Tonoyan, CEO of the World Trade Center Yerevan, highlighted the project as a landmark development aimed at becoming the new face of Yerevan. “After a rigorous selection process, we are excited to partner with Colliers Project Leaders for this unique endeavor,” he said, looking forward to the collaboration that promises to redefine the city’s skyline.

Also Read: Housing Prices Rise Across Top Indian Cities, Reports CREDAI-Colliers-Liases Foras

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