Meghna Infracon Infrastructure Limited, the Mumbai-based redevelopment-focused real estate developer, has announced a significant expansion of its project portfolio, adding five new developments across the city’s most sought-after residential and commercial micro-markets with a combined estimated Gross Development Value of approximately Rs 600 crore. The additions take the company’s cumulative estimated GDV beyond Rs 1,000 crore, against a current market capitalisation of approximately Rs 1,600 crore.
The five new projects span the western suburbs and Thane — Jay Pathik in Goregaon West at approximately 35,000 sq ft, Bharti CHS in Bandra West at approximately 1,10,000 sq ft, Jai Murli Govind CHS in Khar West at approximately 45,000 sq ft, Viram in the Juhu-Vile Parle corridor at approximately 32,000 sq ft, and Shushma Fabrics in Wagle Estate, Thane at approximately 2,85,000 sq ft. Together, these push the company’s total construction pipeline beyond 10 lakh sq ft.
The standout project in the new additions is Bharti CHS in Bandra West — set to be the company’s largest luxury sea-facing residential development, with an estimated revenue potential of approximately Rs 240 crore and a timeline extending to 2029. The Viram project in Juhu is positioned as an ultra-luxury development with an estimated revenue potential of around Rs 85 crore. The Wagle Estate, Thane project — a commercial redevelopment — carries an estimated development potential of around Rs 300 crore and marks Meghna Infracon’s deliberate push into high-growth urban clusters beyond the western suburbs.
All five projects are being developed under the redevelopment model, and will offer premium residences, retail outlets and offices featuring contemporary architecture, efficient layouts and sustainability-focused elements.
Commenting on the expansion, Vikram Lodha, Managing Director, said the company’s vision is to establish Meghna Realty as Mumbai’s most trusted premium redevelopment brand, adding that disciplined execution and deep market insight remain the foundation of its growth strategy. Amit Sathe, Chief Operating Officer, said each project has been selected based on location strength, redevelopment viability and demand fundamentals, and that delivery will be the true differentiator in a market where credibility is defined by execution.
Meghna Infracon Infrastructure Limited, formerly known as Naysaa Securities Limited, has a legacy spanning over five decades in Mumbai’s residential development space and is headquartered in Goregaon West.