Sumit Woods Limited Named Most Preferred Developer for Patel Shopping Centre Redevelopment
Sumit Woods Limited has been appointed as the Most Preferred Developer for the redevelopment of Patel Shopping Centre, located at the intersection of Chandavarkar Road and Raja Dalvi Marg in Borivali (West), Mumbai. The announcement was made on March 19, 2026.The redevelopment project is envisioned as a premium residential-cum-commercial development spanning approximately 175,000 square feet. Sumit Woods Limited estimates the project's revenue potential to be approximately ₹ 595 Crores.
The Patel Shopping Centre’s location provides excellent connectivity, visibility, and footfall due to its proximity to key infrastructure and established social amenities. The development plans include thoughtfully designed residential units and well-positioned commercial spaces.
The project benefits from easy access to transportation networks, educational institutions, healthcare facilities, and retail hubs. Further details regarding the development agreement will be disclosed at a later date, pending necessary approvals and compliance with applicable laws.
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