Borivali Set for Major Overhaul with ₹1,100 Cr Redevelopment Boost

Mumbai's Borivali area is gearing up for a significant transformation as Kanakia Spaces commits ₹1,100 crore to redevelop local housing societies. The projects will span 3.3 acres, unlocking over 1.2 million sq. ft. of development potential, including six lakh sq. ft. for saleable rehab space. With a gross development value (GDV) expected to surpass ₹1,500 crore, the redevelopment aims to uplift Borivali's residential landscape, offering modern infrastructure and improved living spaces.

 

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