VB Group targets INR 7,200 crore revenue from Mumbai expansion

VB Group is entering a new growth phase by targeting a topline potential exceeding INR 7,200 crore through an upcoming development pipeline in Mumbai and Thane. The group is shifting its focus toward premium micro-markets and redevelopment opportunities in areas with strong market fundamentals.

The near-term portfolio includes several key projects:

• A 39-storey mixed-use development in Versova covering approximately 3.5 lakh sq. ft. • A 16-storey project in Santacruz. • A residential and commercial development in Dadar, scheduled for launch by January 2027. • A commercial development in Vartak Nagar, Thane, with an estimated topline potential of approximately INR 700 crore.

The Versova and Santacruz projects are slated for launch in the third quarter of FY 2026-27. Additionally, the group is evaluating township development as a key focus area over the next 12 months to expand into larger, integrated developments.