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Sumit Woods Strengthens Mumbai Presence with Rs700 Cr Bhandup West Redevelopment

19th May 2025

4 Min Read

Sumit Woods Expands Mumbai Footprint with Landmark Bhandup West Redevelopment

With nearly four decades of unwavering commitment to quality and urban rejuvenation, Sumit Woods Limited continues to shape Mumbai’s skyline with its latest ambitious project - the redevelopment of the Station Plaza Premises Co-operative Society Ltd. in Bhandup West. This strategic initiative marks a significant milestone for the company, which has been a trusted name in Mumbai and Goa real estate since 1986.

A Visionary Legacy and Expanding Horizons

Founded by industry stalwarts Mr. Subodh Nemlekar and Mr. Mitaram Jangid, Sumit Woods has delivered over 65 projects covering more than 50 lakh sq. ft., transforming urban landscapes and rehabilitating thousands of families. The company’s portfolio reflects a deep understanding of local markets and a passion for creating spaces that resonate with community needs.

The new Bhandup West redevelopment project spans approximately 6.50 lakh sq. ft., offering a saleable carpet area of 2 lakh sq. ft. With an estimated Gross Development Value (GDV) of Rs700 crore, this project is poised to revitalize a well-connected yet underutilized pocket of Mumbai.

Strengthening Mumbai’s Micro-Markets

This redevelopment complements Sumit Woods’ growing presence in Mumbai’s key micro-markets. The recently launched premium residential project, Sumit KMR PARAM in Borivali West, and the ongoing flagship luxury development in Prabhadevi further showcase the company’s leadership in the Mumbai Metropolitan Region (MMR).

Commitment to Quality and Community

Mr. Mitaram Jangid, Managing Director of Sumit Woods Limited, expressed his enthusiasm about the project:

"The appointment for the redevelopment of Station Plaza Premises Co-operative Society is a significant responsibility and an affirmation of the confidence placed in Sumit Woods. With a GDV of Rs700 crore, this project allows us to bring meaningful change to a well-connected yet underutilized pocket of Bhandup West. Our approach will remain grounded in functional design, quality execution, and creating spaces that serve the evolving needs of the community."

Building with a Long-Term Vision

Sumit Woods’ philosophy revolves around meticulous planning, local insight, and timely delivery. Their developments are not just buildings but vibrant communities designed to enhance the quality of life for residents. From Borivali to Prabhadevi and now Bhandup West, the company’s footprint is a testament to its enduring legacy and forward-looking vision.

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