BIRLA ESTATES VASHI (SHIV SAI CHS REDEVELOPMENT) — New Project Coming Up in Vashi, Navi Mumbai

Birla Estates Enters Navi Mumbai Redevelopment Market with Vashi Project

Birla Estates, a wholly owned subsidiary of Aditya Birla Real Estate, has entered the Navi Mumbai market with the redevelopment of Shiv Sai Co-operative Housing Society in Vashi. The project, being undertaken jointly with an affiliate of Priyanka Group, has an estimated revenue potential of Rs 2,600 crore.

Project Scale and Location

Spread across 3.06 acres, or approximately 12,382 sq m, the development will comprise premium and luxury residences. Located in Vashi, the project offers connectivity to the Sion-Panvel Highway and Vashi railway station.

The residences are planned to offer views of the sea, gardens and surrounding mangroves. Connectivity is also expected to improve with the proposed Gold Line metro, which is planned to link Chhatrapati Shivaji Maharaj International Airport and Navi Mumbai International Airport through Vashi.

Strategic Significance

The Vashi development marks Birla Estates' first entry into Navi Mumbai's redevelopment market. The Vashi project follows Birla Estates' earlier redevelopment initiative in Khar, Mumbai, and expands its presence in the redevelopment segment across the Mumbai Metropolitan Region.

The Vashi micro-market has seen limited Grade A redevelopment activity to date, positioning Birla Estates among the first legacy-led developers to undertake a large-format sustainable and future centric redevelopment project in the location.

Developer Background

Established in 2016, Birla Estates has quickly risen to become one of India's most trusted real estate developers, known for creating premium residential spaces across major Indian cities. With a strong legacy of the Aditya Birla Group spanning over 150 years, Birla Estates brings the same values of trust, quality, and innovation to the real estate sector.

About Vashi

Vashi is widely regarded as the heart of Navi Mumbai. Planned by CIDCO as Node 1, it was among the first sectors developed and today functions as the commercial, retail and residential anchor of the region. Vashi is Navi Mumbai's top residential hub in 2026 — avg ₹18.5K–24K/sqft, 25 min to Mumbai via Atal Setu, metro & Harbour Line access.