VB Group Targets INR 7,200 Cr from Mumbai Projects

VB Group is embarking on a new growth phase, aiming for a potential topline exceeding INR 7,200 crore from its development pipeline. Building on nearly two decades of experience, the group is expanding its presence across premium micro-markets in Mumbai and Thane, encompassing both residential and commercial ventures.

Projects are slated for launch in Versova, Santacruz, and Dadar, with a significant mixed-use development in Versova and a residential project in Santacruz planned for Q3 FY 2026-27. A commercial development in Thane's Vartak Nagar is also a key near-term focus, projected to generate approximately INR 700 crore.

The group's strategy prioritizes redevelopment opportunities in markets with strong fundamentals, emphasizing quality and premium developments over sheer project volume. VB Group is also exploring township development as a key area for expansion over the next 12 months.

Founder Bhushan Bhanushali highlighted a focused approach on quality and potential, targeting established markets for lasting value. CEO Rishikesh Ranga noted a selective evaluation of opportunities, focusing on locations where achievable ticket sizes range from INR 60,000 to INR 70,000 per sq. ft and above.

Since its inception in 2008, VB Group has grown into an integrated real estate entity, with over 1.8 million sq. ft currently under development and an upcoming pipeline of approximately 4.5 million sq. ft. The expansion includes established Mumbai micro-markets such as Dadar, Thane, Juhu, Santacruz West, Andheri West, and Lokhandwala.