TRU Realty, helmed by former Kolte Patil CEO Sujay Kalele, has announced its foray into Mumbai’s residential market with two premium housing projects worth Rs400 crore. Located in the Santacruz–Andheri corridor, the developments mark a strategic expansion following the success of TRU Meadows and Kekarav in Pune. The move aligns with Mumbai’s 13-year high in housing registrations, driven by rising disposable incomes and limited land availability.
“Mumbai has historically been a tough market for non-local developers,” said Kalele. “Our redevelopment projects in these ultra-competitive neighbourhoods serve as a strong testament to our transparent, technology-driven approach.”
TRU Realty’s upcoming projects are positioned near key infrastructure hubs including Juhu Beach, Andheri Railway Station, and Chhatrapati Shivaji International Airport. The firm aims to build a sustained multi-city presence through urban redevelopment-led initiatives.
Meanwhile, VHD Group, a Faridabad-based developer, has announced its entry into the National Capital Region (NCR) with plans to launch innovative projects in Palwal and other parts of Haryana. The expansion taps into NCR’s robust demand for premium and affordable housing, supported by infrastructure upgrades and favorable government policies.
VHD Group’s maiden project in Palwal will feature thoughtfully designed living spaces, sustainable practices, and smart amenities. The developer also plans to explore other high-potential areas across Haryana.
“Our projects in Palwal and other areas of Haryana will cater to the diverse needs of homebuyers, offering premium amenities, sustainable practices and smart living solutions,” said a company spokesperson.
The NCR market continues to surge, bolstered by developments like Jewar Airport, metro expansions, and rising property values. With both TRU Realty and VHD Group investing a combined Rs800 crore, their strategic moves reflect growing confidence in India’s evolving urban housing landscape.
