Home News Inspira Realty signs its third Premium Residential Project in Borivali; aims to surpass INR 4,000 Crore GDV

Inspira Realty signs its third Premium Residential Project in Borivali; aims to surpass INR 4,000 Crore GDV

by Our Corresspondent - Jan 21, 2025
Inspira Realty signs its third Premium Residential Project in Borivali; aims to surpass INR 4,000 Crore GDV, News, KonexioNetwork.com

  • Inspira Realty develops premium projects across Mumbai’s high-demand suburbs
  • The new project spans over 1 acre with approx. 5 lakh sq. ft. of premium residential development
  • Features premium 3 and 4 BHK residences with state-of-the-art amenities

Mumbai: Inspira Realty, a young and dynamic real estate developer making a mark in the premium living and commercial space sectors, has signed a Development Agreement (DA) for its third premium project in Borivali West. Strategically located on S.V. Road, this landmark development spans over one acre and offers a development potential of more than 500,000 sq. ft., further solidifying Inspira Realty's commitment to redefining urban living. The company currently has two ongoing projects having a construction area of over 650,000 sq. ft. in Sai Baba Nagar, Borivali (W).

Having achieved a cumulative Gross Development Value (GDV) exceeding INR 4,000 crore within just three years, Inspira Realty’s latest project underscores its growing presence in the city’s premium real estate market. This new project is part of Inspira Realty’s broader portfolio of over 2 million square feet of ongoing and planned development across seven residential projects in Mumbai, including redevelopment initiatives aimed at revitalizing urban spaces. With a plan of investments exceeding INR 500 crore, the company is committed to delivering high-quality developments that align with modern urban living needs.

“Borivali has become a highly desirable location for urban living,” said Aayush Madhusudan Agrawal, Founder, Inspira Realty. “As a young and progressive developer, Inspira Realty is committed to transforming urban spaces through innovative and thoughtfully designed projects. Increased demand for modern, well-planned residences, coupled with improved connectivity via projects like the Mumbai Metro and expanded road networks, has made Borivali an attractive residential destination. The encouraging response to our projects, Pratap Adinath—almost sold out—and Inspira Aura—generating significant inquiries, reinforces our confidence in this micro-market. Our growing portfolio, which surpasses INR 4,000 crore in GDV, highlights our dedication to delivering exceptional value and quality to our customers and investors alike.”

The development will offer exclusive 3 and 4 BHK residences, blending sophisticated design, comfort, and modern conveniences to meet the aspirations of discerning homebuyers. Inspira Realty’s active projects span key Mumbai suburbs, from Bandra to Borivali and Chembur, focusing on prime locations and thoughtful design.

With a focus on human-centric design and meticulous planning, Inspira Realty is recognized for its exceptional architectural developments and strategic redevelopment projects. Beyond residential real estate, the company is also making significant strides in the industrial and logistics space through its 232-acre Inspira City development in Shendra MIDC, Chhatrapati Sambhaji Nagar. This large-scale warehousing and industrial hub caters to India’s growing e-commerce and manufacturing sectors, reflecting Inspira Realty’s diversified approach to shaping modern urban and industrial landscapes.