Inspira Realty has signed a development agreement for its third premium residential project in Borivali West, Mumbai. Located on S. V. Road, the project spans over one acre and includes approximately 5,00,000 square feet of premium residential space, featuring 3 and 4 BHK residences with modern amenities.
Inspira’s new venture is part of its ongoing efforts to expand its footprint in Mumbai’s high-demand suburbs. The company’s portfolio includes two active projects in Sai Baba Nagar, Borivali, with a combined construction area exceeding 6,50,000 square feet. The company has already achieved a cumulative Gross Development Value (GDV) of over Rs. 4,000 crore within three years. It has planned further developments across seven residential projects in Mumbai.
Founder Aayush Madhusudan Agrawal highlighted the growing appeal of Borivali due to improved connectivity and increased demand for modern residences. The company’s current projects, including Pratap Adinath and Inspira Aura, have received a positive market response.
In addition to residential developments, Inspira is also advancing its industrial and logistics portfolio with the 232 acre Inspira City in Shendra MIDC, catering to India’s expanding e-commerce and manufacturing sectors.