Modis Navnirman Limited Begins Construction of Residential Project 'Rashmi Avenue' in Dahisar, Mumbai
Mumbai, India, March 19, 2026: Modis Navnirman Limited has commenced construction of its upcoming residential and commercial project, Rashmi Avenue, located at CTS No. 829, Village Eksar, Kandarpada, Dahisar (West), Mumbai. The commencement of construction was marked by a Bhoomi Poojan ceremony.Rashmi Avenue is planned as a mixed-use development on a plot area of approximately 4,836.25 sq. mtrs. The project will include 225 residential apartments, 18 commercial shops, and 1 commercial office, replacing an existing structure comprising 119 residential flats and 17 commercial shops.
Strategically located in Dahisar (West), Rashmi Avenue offers connectivity to key parts of Mumbai and access to social infrastructure.
Mr. Mahek Modi, Whole-Time Director & Chief Financial Officer of Modis Navnirman Limited, stated that the project represents the company's focus on redevelopment-led growth and commitment to creating modern living spaces. He added the Bhoomi Poojan marks an important step forward, and the company is dedicated to delivering high-quality construction, efficient design, and long-term value.
Project Insights: Rashmi Avenue
Modis Navnirman Limited is a real estate developer focused on redevelopment projects in Mumbai. The company was founded in 2010 by Mr. Dinesh C. Modi.
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