Opportunity Snapshot
A consolidated MHADA cessed-building redevelopment opportunity in Mazgaon, South Mumbai. Tentative feasibility prepared by qualified consultants. Open to JD with reputed developers, outright acquisition, or development management arrangement. Detailed feasibility, title chain, and tenant data shared under NDA.
Indicative Numbers
Plot Size
~1.86 acres (7,532 sq.m.)
Saleable Potential
~2.65 lakh sq.ft. RERA carpet
Indicative Project Cost
~₹550 Cr
Indicative Revenue
~₹1,360 Cr
Indicative Gross Margin
~50–60%
Indicative Timeline
~36–42 months
Asset Type
MHADA Cessed Redevelopment
Stage
Feasibility complete
Numbers above are indicative ranges from a tentative feasibility prepared by qualified consultants. Detailed cost build-up, premium calculations, and sensitivity tables are shared only after NDA execution.
Why This Deal
South Mumbai Micro-Market
Mazgaon is among the few South Mumbai pockets with redevelopment density and end-use demand. Strong absorption history at ₹45–55K/sq.ft. for new launches in surrounding pockets.
Consolidated Plot
Single ~7,532 sq.m. plot — no assemblage risk, no fragmentation across multiple owners.
MHADA Framework Clarity
Cessed building redevelopment under DCPR rules with defined incentive FSI (~3.0+ achievable) and well-understood premium structure.
Multiple Deal Structures
Owner is open to JD, outright purchase, or DM — flexibility to match developer's capital strategy.
Disclosed Risks & Caveats
Transparent disclosure of factors a serious investor should diligence further.
Pre-RERA Stage
Project is at feasibility stage; RERA registration and IOD/CC to be obtained post developer onboarding. Standard for redevelopment deals.
Tenant Rehab Obligation
Existing tenants must be rehoused per MHADA norms with transit rent during construction. Numbers built into the feasibility.
Premium Sensitivity
BMC fungible, open-space deficiency, and contravening structure premiums constitute a meaningful share of project cost. Detailed breakup under NDA.
Sale Rate Assumption
Indicative margin assumes ₹50,000/sq.ft. realisation. Stress-tested down to ₹40,000/sq.ft. retains >40% gross margin per feasibility.
Open to Deal Structures
Specific commercial terms (revenue share, area share, lock-in, milestones) negotiated deal-by-deal. Indicative term sheet shared post NDA.
Available Under NDA
What you get when we share the full deck
- ✓Exact site location & owner identity
- ✓Detailed feasibility report (full cost & revenue build-up)
- ✓Title chain & encumbrance summary
- ✓Tenant/occupant data & rehab plan
- ✓Architect's tentative scheme & FSI workings
- ✓Premium & approval timeline projection