Modis Navnirman Limited Commences ‘Rashmi Avenue’ Redevelopment Project in Dahisar
Mumbai, March 19, 2026:
Modis Navnirman Limited, a real estate developer in the Mumbai market, officially marked the start of construction for its latest mixed-use redevelopment project, “Rashmi Avenue,” with a traditional Bhoomi Poojan ceremony on March 19, 2026. Located at CTS No. 829 in the Kandarpada area of Dahisar (West), the company said in a press statement.
The redevelopment is set to transform the existing site, which previously housed 119 residential flats and 17 commercial shops, into a significantly more expansive and functional community hub. Sprawling across a plot area of approximately 4,836.25 square meters, the new Rashmi Avenue will feature 225 contemporary residential apartments, 18 commercial shops, and a dedicated commercial office space. The project is designed to address the dual needs of modern urban living and localized business growth within the Village Eksar neighborhood.
Positioned strategically in Dahisar (West), the development benefits from robust connectivity to Mumbai’s primary transit corridors and established social infrastructure. By blending contemporary architectural design with practical urban utility, Modis Navnirman aims to offer a convenient lifestyle for homeowners while providing high-visibility opportunities for retail businesses. The project is a key addition to the developer’s growing portfolio of sustainable, community-driven urban renewals.
Speaking at the ceremony, Mahek Modi, Whole-Time Director and Chief Financial Officer of Modis Navnirman Limited, highlighted the company’s strategic focus on the city’s aging infrastructure. “Rashmi Avenue represents our continued focus on redevelopment-led growth and our commitment to transforming existing communities into modern, future-ready living spaces. The Bhoomi Poojan marks an important step forward, and we remain dedicated to delivering high-quality construction, efficient design, and long-term value for our residents and stakeholders,” Modi said.
The launch of Rashmi Avenue further solidifies Modis Navnirman Limited’s position within Mumbai’s competitive redevelopment sector. The company noted that the project reinforces its overarching vision of creating well-planned developments that enhance the value of the local landscape while meeting the shifting demands of the city’s residents and commercial entities.
