Dr. Anand Modi’s AMI-WISEOWLZZ Signs ₹395 Crore Cluster Redevelopment Deal in Borivali West
A milestone in Mumbai’s urban transformation led by Modispaces’ flagship venture
Mumbai’s real estate landscape continues to evolve, and leading that transformation is Dr. Anand Modi (PhD), visionary developer and founder of Modispaces. His flagship venture, AMI-WISEOWLZZ, has recently signed a landmark ₹395+ crore cluster redevelopment deal in Borivali West, setting new standards for community-centric redevelopment in the city.
🌆 The Landmark Deal
This mega redevelopment agreement has been inked with Shree Govind Nagar CHSL and Shree Jawhar Nagar CHSL, two well-known housing societies in the heart of Govind Nagar, Borivali West.
- Project Value: ₹395+ crore
- Total Land Area: ~19,800 sq. m. (approx. 4.89 acres)
- Buildings Covered: 11 existing buildings
- Residents Impacted: Over 2,000 current occupants
- Future Capacity: Homes for ~5,000 residents post-redevelopment
- Stamp Duty Paid: ₹20.5+ crore
This project marks one of the largest cluster redevelopment initiatives in Borivali West, underlining Modispaces’ credibility and long-term vision for Mumbai’s suburban growth.
🏗️ Redevelopment Highlights
✅ 100% Society Consent
Every society member has joined hands with full consent, demonstrating trust and unity—a rare feat in Mumbai’s redevelopment sector.
📈 Increased Living Space
Each flat owner will enjoy 50–58% more carpet area, upgrading to larger, safer, and more luxurious homes while staying within the same community.
🏡 Modern Lifestyle Features
The project is designed with next-gen amenities and green living in mind:
- Dedicated parking for all residents
- Clubhouse, gym, and landscaped recreation areas
- High-tech security and fire safety systems
- Upgraded infrastructure and internal roads
🧩 Human-Centric Planning
Dr. Modi has ensured a humane and responsible redevelopment process:
- Rental support & relocation assistance during construction
- Safety-driven demolition of unsafe (C1) structures
- Transparent communication with all members
🌿 Dr. Anand Modi’s Vision: Building Communities, Not Just Buildings
As one of Mumbai’s most respected redevelopment professionals, Dr. Anand Modi brings deep expertise and empathy to every project. His leadership ensures:
- Resident-first development — prioritizing welfare, comfort, and long-term sustainability.
- Regulatory transparency — all approvals and compliances secured in advance.
- Architectural excellence — blending design, efficiency, and green sensibility.
Dr. Modi envisions Mumbai’s redevelopment as an opportunity to revive communities, restore safety, and create future-ready homes that preserve local character.
🚀 Why This Project Matters
For Residents
- More spacious and secure homes
- Modern amenities within the same neighborhood
- Enhanced property value and long-term appreciation
For Investors
- Prime location in Borivali West, one of Mumbai’s fastest-developing corridors
- Low execution risk—100% consent and clear approvals
- Strong appreciation potential due to infrastructural and lifestyle upgrades
🏙️ Borivali West: The Next Big Redevelopment Hub
The AMI-WISEOWLZZ project aligns with Mumbai’s broader cluster redevelopment push under DCPR 2034. The Govind Nagar to Link Road stretch is already witnessing several similar transformations, promising:
- Better connectivity
- Improved civic infrastructure
- Rising property values
With Dr. Anand Modi’s project leading the way, Borivali West is set to become a model for how redevelopment can be both aspirational and inclusive.
🏢 About Modispaces
Modispaces, led by Dr. Anand Modi, has a stellar track record in urban redevelopment, residential excellence, and sustainable design.
Past projects like Valley View and Ami One, Eksar Road demonstrate the group’s commitment to quality, transparency, and architectural innovation.
For societies, investors, and homebuyers alike, Modispaces represents trust, timeliness, and transformation — the true pillars of Mumbai’s new skyline.
🏠 A New Chapter for Borivali
Dr. Anand Modi’s ₹395 crore cluster redevelopment project stands as a symbol of what’s possible when experience, empathy, and execution come together.
It’s not just a redevelopment — it’s a rebirth of a neighborhood.