Modis Navnirman Limited has officially commenced construction of its latest residential development project, 'Rashmi Avenue,' located in Dahisar West, Mumbai. The company marked this significant milestone with a traditional Bhoomi Poojan ceremony on March 19, 2026, signifying the formal beginning of construction activities for this mixed-use redevelopment project.

Project Specifications and Development Details

The Rashmi Avenue project represents a comprehensive mixed-use redevelopment designed to cater to both residential and commercial needs in the Dahisar area. Located at CTS No. 829, Village Eksar, Kandarpada, Dahisar West, the project spans across a substantial plot area.

Redevelopment Transformation

The project involves the redevelopment of an existing structure, transforming the current setup into a modern, community-centric development. The redevelopment will replace the existing infrastructure and enhance the overall value and utility of the space.

Management Commentary

Speaking on the occasion, Mr. Mahek Modi, Whole-Time Director & Chief Financial Officer of Modis Navnirman Limited, emphasized the company's commitment to redevelopment-led growth. He stated that Rashmi Avenue represents their continued focus on transforming existing communities into modern, future-ready living spaces, with dedication to delivering high-quality construction, efficient design, and long-term value for residents and stakeholders.

Strategic Location and Connectivity

The project's strategic location in Dahisar West positions it within Mumbai's expanding residential corridor, offering excellent connectivity to key parts of Mumbai along with access to essential social infrastructure. This makes it an attractive destination for both homebuyers and businesses, blending contemporary design with functional living to offer residents a comfortable and convenient urban lifestyle.

Modis Navnirman Limited announced on March 12, 2026, that it has received the Occupation Certificate from competent authorities for its residential project Rashmi Celestia located in Borivali West, Mumbai. This milestone confirms that the project has been completed in accordance with applicable regulatory requirements and approvals, enabling the company to commence the handover process to homebuyers.

Project Details and Specifications

Rashmi Celestia is positioned as a premium mixed-use development strategically located in Borivali West, one of Mumbai's well-connected suburban micro markets. The project combines thoughtfully planned residences with commercial spaces, reflecting the company's commitment to delivering high-quality urban developments.

The development has been designed to cater to evolving urban lifestyles with efficient layouts, modern infrastructure, and integrated amenities. Residents will benefit from enhanced safety features and proximity to Borivali West's established social infrastructure including schools, healthcare facilities, retail hubs, and transportation networks.

Management Commentary

Mr. Mahak Modi, Whole-Time Director and Chief Financial Officer, emphasized that receiving the Occupation Certificate represents an important achievement reflecting the team's commitment to quality construction and timely completion. He noted that Rashmi Celestia has been envisioned as a modern mixed-use development combining residential comfort with everyday convenience.

Mr. Dinesh C. Modi, Founder, highlighted that the successful completion further strengthens the company's presence in Mumbai's western suburbs. He reiterated the company's focus on developing projects that enhance urban living standards while creating long-term value for homeowners and stakeholders.

Strategic Positioning

With the completion of Rashmi Celestia, Modis Navnirman Limited continues to expand its footprint across Mumbai's western suburbs including Borivali, Kandivali, Malad, and Goregaon. The company has developed and delivered multiple residential and mixed-use projects in these areas and currently has several ongoing and upcoming developments.

Company Background

Founded in 2010, Modis Navnirman Limited operates as a redevelopment-focused real estate developer with a strong presence across Mumbai. The company specializes in transforming aging residential and mixed-use properties into modern, high-quality developments through thoughtful planning, engineering excellence, and disciplined execution.