Mantra Group Jogeshwari - Pre Launch Project in Mumbai

Disclaimer

This page is created to inform readers about early market trends and developments. We do not claim to represent the official project or hold RERA approval. All information is based on publicly available news and should be verified with the developer once formally announced.

Mantra Group unlocks Rs 3,000 crore Jogeshwari project with ASK funding

Mantra Group has successfully unlocked in Mumbai with the support of ASK Property Fund, marking a decisive turnaround for one of the city’s long-pending housing developments. The project, with an estimated gross development value of ₹3,000 crore, had faced prolonged delays due to regulatory constraints and funding challenges. The latest investment infusion provides the financial stability required to resume construction and complete the redevelopment in a structured and time-bound manner.

The Jogeshwari project is strategically located in Mumbai’s western suburbs, an area known for strong residential demand, excellent connectivity, and proximity to commercial hubs such as Andheri, Goregaon, and key transit corridors. Once completed, the redevelopment is expected to offer modern residential units with improved amenities, safety standards, and urban infrastructure, significantly enhancing the quality of life for existing residents while adding new housing stock to the market.

ASK Property Fund’s participation highlights growing institutional interest in stressed or stalled redevelopment projects with strong fundamentals. By backing Mantra Group, the fund aims to unlock long-term value through disciplined execution and market-driven residential development. For Mantra Group, the funding not only revives the Jogeshwari project but also strengthens its balance sheet and execution credibility in the Mumbai redevelopment segment.

The project revival is also significant from a policy and urban renewal perspective, as it addresses delayed possession issues and aligns with Mumbai’s broader push for redevelopment of aging housing stock. Industry experts believe such transactions signal a maturing real estate market where credible developers and institutional investors collaborate to resolve legacy issues. With funding secured and approvals in place, Mantra Group’s Jogeshwari project is expected to progress steadily, contributing to housing supply, employment generation, and renewed confidence in Mumbai’s redevelopment landscape.

News Source: Construction Week

Why Mantra Group Jogeshwari West Project Is Worth Watching

Jogeshwari west is another prominent and Mumbai's Most iconic residential locality that is situated near Andheri. Jogeshwari west is situated near the road that connects Mumbai with Gujarat borders. It is well connected with Ville Parle, Goregaon, Santa Cruz, Shastri Nagar, and other famous areas of Mumbai. The real estate market in this area have offered a remarkable growth from past few years, accounting to the emergence of necessary social infrastructures like schools, hospitals and banks. It is very close to ChhatrapatiShivaji International Airport and is a home to the Iconic Filmistan Studio, Film City and Fantasy Land.

Key advantages of the proposed Mantra Group Jogeshwari West Project Location:

Schools/Collage Near by

H K College of Pharmacy

AHM College of Distance Education

Transportation Hub Near by

Jogeshwari Bus Station

Hospitals/Institutions Near by

Jogeshwari Hospital

Mallika Hospital

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*Disclaimer

This page is created for informational purposes only, based on publicly available news and preliminary market signals. It does not represent any official communication from Mantra Group. We do not claim or offer RERA-registered inventory or commit any sales prior to formal launch. Readers are advised to verify all information independently before making any purchase decisions.

*Real Estate (regulation & development) act 2016.

Mantra Group Jogeshwari - Pre Launch Project in Mumbai

Disclaimer

Mantra Group unlocks Rs 3,000 crore Jogeshwari project with ASK funding

Why Mantra Group Jogeshwari West Project Is Worth Watching

Key advantages of the proposed Mantra Group Jogeshwari West Project Location:

Schools/Collage Near by

Transportation Hub Near by

Hospitals/Institutions Near by

Stay Updated

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