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Mumbai Realty

Ajmera Realty plans luxury homes on Ghatkopar East land parcel

Ajmera Realty & Infra India Limited acquired a 1,341.1 sq m parcel in Ghatkopar East, Mumbai, for ₹51 crore and plans a luxury residential project there. The project is listed as upcoming as of October 2026; the published information includes an estimated aggregate carpet area and development value, but no unit configurations or sales price band.

Realty News — Ajmera Realty plans luxury homes on Ghatkopar East land parcel
DeveloperAjmera Realty & Infra India Limited (ARIIL)
LocationGhatkopar East, Mumbai
Project statusUpcoming as of October 2026
Land parcel1,341.1 sq m, acquired for ₹51 crore
Planned projectLuxury residential development
Published project estimatesApproximately 44,000 sq ft of carpet area and an estimated gross development value of ₹175 crore

Land acquisition precedes the planned project

ARIIL acquired the Ghatkopar East parcel through a competitive bidding process with the KJ Somaiya Trust. The deal was made on 30 January 2025, and the company announced the acquisition on 6 February 2025.

The company said it intended to develop a luxury residential project on the site. As of October 2026, the project is listed as upcoming. The published material describes the acquisition and development plan, rather than a launched or completed residential project.

What has been disclosed about the homes

The published estimate is for approximately 44,000 sq ft of carpet area in total, with a gross development value estimated at ₹175 crore. These figures describe the planned development in aggregate; no apartment configurations, individual unit sizes or sales price band have been disclosed in the information used for this report.

The ₹51 crore figure is the land acquisition cost, not a home price. The ₹175 crore figure is an estimated gross development value, not a price list.

Status and registration

The project remains upcoming as of October 2026. No launch or possession timeline is stated in the published project information. The separate Ajmera Eden project in Ghatkopar East is not this development; its MahaRERA registration number does not apply to the 1,341.1 sq m parcel.

Ghatkopar East context

ARIIL described Ghatkopar as an attractive destination for homebuyers in Mumbai’s eastern suburbs and said the acquisition strengthened its position in the central Mumbai market. The locality-level information available describes Ghatkopar East as connected to Powai, Kurla, Andheri, Thane and Mulund. It does not provide parcel-specific distances or infrastructure details.

Frequently asked questions

Who is developing the Ghatkopar East project?

The planned project is by Ajmera Realty & Infra India Limited (ARIIL).

What is planned for the acquired parcel?

ARIIL said it intends to develop a luxury residential project on the 1,341.1 sq m Ghatkopar East parcel.

What project size and value have been estimated?

The published estimates are approximately 44,000 sq ft of aggregate carpet area and a gross development value of ₹175 crore.

What are the apartment configurations and prices?

No apartment configurations, individual unit sizes or sales price band are stated in the published project information.

When is possession expected?

No possession timeline is stated in the published project information.

Is this the same as Ajmera Eden?

No. Ajmera Eden is a separate project. Its MahaRERA registration applies to that project, not to the Ghatkopar East parcel described here.

Sources

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