Modis Navnirman Limited has begun the construction of Rashmi Avenue, a mixed-use redevelopment project in Dahisar West, Mumbai, following a Bhoomi Poojan ceremony on March 19, 2026. This community-centric scheme, covering approximately 4,836.25 square meters, will include 225 residential apartments, 18 commercial shops, and one office, replacing an existing structure. The development aims to balance contemporary aesthetics with functional living, reflecting the company’s commitment to high-quality construction and sustainable, well-planned neighborhoods. Founded in 2010, Modis Navnirman has positioned itself in the Mumbai redevelopment market Focusing on responsible innovation.
In a significant development for Mumbai’s real estate and redevelopment landscape, Modis Navnirman Limited has officially commenced construction of its latest mixed‑use residential and commercial project Rashmi Avenue in Dahisar West. The construction launch was formalized with a traditional Bhoomi Poojan ceremony on March 19, 2026, signalling the company’s commitment to contributing to Mumbai’s expanding urban ecosystem and redevelopment‑led growth initiatives Located at CTS No. 829 in Village Eksar, Kandarpada, Dahisar West, Mumbai, Rashmi Avenue is designed to replace an existing older structure with a modern, functional, and community‑centric.
Development covering approximately 4,836.25 square metres. The project’s scale and ambition reflect Modis Navnirman’s strategy to transform dated properties into high‑quality spaces that align with the evolving needs of residents and neighbourhoods across the western suburbs The redevelopment scope includes 225 residential apartments, 18 commercial shops, and one commercial office unit, which together create a balanced blend of living and business space. This transformative redevelopment will replace the area’s existing 119 residential flats and 17 commercial shops, enabling better utility, enhanced architectural value, and improved connectivity.
In design and execution, the project aims to balance aesthetics and functionality, catering to modern lifestyle preferences while remaining mindful of the community’s cultural and infrastructure needs. By integrating residences with retail and office spaces, Rashmi Avenue is positioned as a live‑work community hub that supports both homeowners and small businesses.
Strategic Importance in Mumbai’s Real Estate
Modis Navnirman’s decision to focus on redevelopment projects like Rashmi Avenue underlines a broader urban trend in Mumbai where older buildings and structures are progressively being upgraded to more sustainable, high‑density constructions. This aligns with market demand for better residential standards and the city’s need to optimize space in its suburban corridors. According to the company’s investor data, the Rashmi Avenue project is planned with a 21‑storey design featuring multiple wings, reinforcing its vertical development footprint.
Real estate analysts and industry watchers see this as part of Modis Navnirman’s broader expansion within the western suburbs, where (India) the developer has several active and upcoming projects. These include Rashmi Icon, Rashmi Signature, and Rashmi Square in nearby areas such as Malad and Borivali, showcasing the firm’s confidence in the long‑term growth prospects of this corridor.
Connectivity & Infrastructure Benefits
The Dahisar West location itself is seeing a gradual surge in infrastructure enhancement due to ongoing civic and transport projects in the region. For instance, major initiatives like the Mumbai Coastal Road extensions toward Dahisar are set to improve connectivity for upper western suburbs ultimately helping residents of Rashmi Avenue enjoy better access to key parts of the city Such upgrades also make properties like Rashmi Avenue attractive to long‑term homebuyers, investors, and commercial occupiers who seek neighbourhoods with strong growth potential. This infrastructure context heightens the relevance of redevelopment projects in boosting livability in historically older sectors of Mumbai.
Company Focus & Vision
Since its founding in 2010, Modis Navnirman has built a reputation for redevelopment‑led solutions, often leveraging partnerships with local societies and stakeholders to rejuvenate residential and mixed‑use spaces. The company’s vision focuses on delivering quality construction, efficient design, and sustainable value, emphasising long‑term returns for residents and investors alike.
This vision has been reflected not just in Rashmi Avenue, but in the company’s broader portfolio and performance. Reports from financial disclosures suggest Modis (India) Navnirman successfully balances liquidity and growth while maintaining an asset‑light approach, securing strategic projects and achieving operational milestones that appeal to both retail and institutional clients.
Q1: What is the Rashmi Avenue project?
Modis Navnirman’s Rashmi Avenue is a mixed‑use redevelopment project in Dahisar West, offering 225 residential apartments, 18 commercial shops, and 1 office unit across modern infrastructure.
Q2: Where is Rashmi Avenue located?
The project is located at CTS No. 829, Village Eksar, Kandarpada, Dahisar West, Mumbai.
Q3: When did construction begin?
The construction officially began on March 19, 2026, with a traditional Bhoomi Poojan ceremony.
Q4: What makes this project significant for local buyers?
Rashmi Avenue brings modern living standards, improved utility, and better connectivity to Dahisar, replacing older flats and shops with upgraded spaces.
Q5: Does Modis Navnirman have other projects nearby?
Yes. The company also has nearby developments such as Rashmi Icon, Rashmi Signature, and Rashmi Square in western Mumbai.
