DGS Group, led by Brahmdev Shukla, is strengthening presence in Andheri Lokhandwala with redevelopment portfolio totaling 25 lakh sq. ft. across five major projects.

Key Projects:

• Sheetal Sky: Joint redevelopment of three societies (Twin Tower, Gurudarshan, Guruprasad) on 9,500 sq. metres plot area
• Sheetal Elara (Codename LV): Formerly Sneh and Sagar societies; 3,000 sq. metres plot; 2 lakh sq. ft. development potential; launched inventory sold within 45 days
• Kamdhenu Commercial: 6,200 sq. metres plot area
• Apna Ghar Unit No. 7: 6,600 sq. metres plot area; includes dedicated commercial tower planned as first commercial tower in immediate vicinity

Approximately 20 lakh sq. ft. of construction already committed across redevelopment portfolio. Group working on additional redevelopment opportunities in Andheri Lokhandwala belt.

Rakesh Roshan leased two commercial units of 5574 sq ft in Andheri West to BeingU Studios. Monthly rent: Rs 7.3 lakh. Lease effective from August 1, 2026. Agreement includes annual rent increments.

Pranav Constructions Limited (PCPL) specializes in redevelopment of old housing societies across Mumbai's western suburbs: Vile Parle, Santacruz, Juhu, Bandra, Andheri, Goregaon, Ram Mandir, Malad, Kandivali, and Borivali. The company handles full project cycle including architecture, legal compliance, construction management, and RERA registration.

Completed projects: 29

• Malad (₹22,000–₹32,000 per sq ft): Marudhar, Union Bank of India Employees Ankur Residency, Gold Coin Residency, Nirvana, Gala Apartments, Rushabh Mahal Residency, Rajhans, Rajendra Apartments, Deep, Silverene, Amber, New Shalimar Apartments
• Borivali (₹25,000–₹40,000, premium ₹50,000+): Lakshman Towers, Kesar Niketan, Neon Heights, Flora Enclave, Ohana, Shivdarshan
• Goregaon (₹26,000–₹32,000): Mettivilla, Navchandrakunj, Plot 212, New Lata Apartments, Prachiti, Kiran Apartment
• Kandivali West (₹22,000–₹30,000): Abhiram

Ongoing: 17 projects

• Santacruz East and West (₹28,000–₹45,000): Jamuna Mahal, Samrat, Pearl Palace, Shining Star, 42 Aura
• Borivali West: Lakshman Tower
• Malad West: Falcon Crest, Kaveri, Ankur Residency, Nirvana
• Goregaon West: Om Manikanta
• Bandra West (₹35,000–₹56,000): Gulnar, Citizen Apartments
• Andheri West (₹38,000–₹55,000): Vaibhav Vista, You & I CHSL, Nandadeep
• Kandivali West: Rajesh Mandir
• Vile Parle West (₹43,000): Nirmal Bhavan
• Mahim West (₹29,000–₹49,000): Vivante

Upcoming: 17 projects

• Andheri: Daulat Rao Desai CHSL, Nutan CHSL
• Vile Parle: Vile Parle Anupam CHS, Amarhind
• Bandra: 51 Adriel, The Bandra Gul-E-Baug CHSI, Ahlyakunj, Citizen
• Santacruz West: Priyadarshini CHSL, Sompuri Market, Kirti Manohar
• Borivali West: Navjeevan CHSL, Hill View CHSL
• Malad West: Shri Santoshi Nagar
• Ram Mandir: Rajnigandha

Founded by Late Kiran Dharamsey Ashar. Currently led by Pranav Ashar (Chairman and Managing Director) and Ravi Ramalingam (Director).

A Mumbai real estate developer has acquired Chitrakoot Grounds land in Andheri West to develop a mixed-use project worth Rs 8,000 crore. The acquisition follows several high-profile land movements across Mumbai in 2025 as developers consolidate prime parcels.

Maharashtra Deputy Chief Minister Eknath Shinde announced a target of around 30 lakh homes across Mumbai and the Mumbai Metropolitan Region (MMR) over the next 15–20 years, alongside plans to expand cluster redevelopment.

A JLL-NAREDCO report found more than 1,000 redevelopment projects launched in Mumbai since 2020, accounting for around 13% of residential supply; redevelopment’s share of housing sales has also risen. Borivali, Malad, Andheri and Goregaon account for around 36% of projects launched since 2020.

Mumbai has 1,202 active slum rehabilitation projects covering more than 3.2 lakh hutments across approximately 2,156 acres. Delivering the target will depend on execution, financing, regulatory approvals, resident rehabilitation and supporting infrastructure. Cluster redevelopment could enable neighborhood-level planning of housing, infrastructure and open spaces.