Ajmera Realty has reinforced its presence in the Vikhroli micro-market with the successful launch of Phase 1 of Ajmera Solis, a premium and mid-segment residential development. The project achieved a robust response, registering approximately ₹427 crore in sales within the first 24 hours. A total of 324 units, covering nearly 1.94 lakh sq. ft. of carpet area, were sold—reflecting an impressive 81% absorption of the 2.40 lakh sq. ft. inventory released at launch. This marks one of the fastest sales velocities recorded in Vikhroli and adjoining locations.
Ajmera Solis offers a well-balanced mix of thoughtfully priced homes, including 1 BHK units below ₹1 crore, 2 BHKs under ₹1.6 crore, and 3 BHKs priced below ₹2.25 crore. The project is being developed on a land parcel acquired from Tata Communications Ltd., carrying a clean title with no legacy tenants and full development control. This clarity of ownership and strategic location has strongly resonated with homebuyers seeking well-designed, contemporary living spaces.
The development is further strengthened by an ₹88 crore investment from a marquee private equity partner, marking Ajmera Realty’s first PE transaction. Along with secured credit lines and the strong sales momentum, the project stands fully funded and positioned for accelerated execution.
Strategically located along the Eastern Express Highway, the project offers seamless connectivity to Mumbai’s major business districts, making it an attractive choice for professionals. Residents will enjoy Vastu-compliant homes with uninterrupted, long-term views of the mangroves, hills, cityscape, and the Sea—an uncommon feature at this price point in central Mumbai.
