Announcement
VB Group, a fast‑emerging real‑estate developer founded in 2008, announced that its upcoming development pipeline across Mumbai and Thane is expected to generate a topline potential exceeding INR 7,200 crore.
Near‑Term Portfolio
- Versova: 39‑storey mixed‑use tower covering approximately 3.5 lakh sq ft, slated for launch in the third quarter of FY 2026‑27.
- Santacruz: 16‑storey project scheduled for launch in the same quarter (Q3 FY 2026‑27).
- Dadar: Residential and commercial development on a plot of about 3,000 sq m, planned for launch by January 2027.
- Vartak Nagar, Thane: Commercial development with an estimated topline potential of roughly INR 700 crore.
Larger‑Scale Project
The group also disclosed a larger‑scale development with a projected topline of INR 3,200 crore, representing a step toward undertaking bigger opportunities.
Development Track Record
Since its inception, VB Group has delivered nine projects totaling approximately 1.3 million sq ft, currently has more than 1.8 million sq ft under construction, and an upcoming pipeline of about 4.5 million sq ft.
Strategic Focus
Founder Bhushan Bhanushali stated the company will prioritize quality and premiumisation over sheer project count, targeting Mumbai micro‑markets with strong fundamentals. CEO Rishikesh R Ranga added that the firm will focus on locations where ticket sizes range from INR 60,000 to INR 70,000 per sq ft, emphasizing selective redevelopment.
Future Opportunities
VB Group is evaluating township development opportunities over the next 12 months as part of its next growth phase, aiming to expand into larger, integrated projects.