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Redevelopment VS. Greenfield in Mumbai’s Real Estate

Redevelopment VS. Greenfield in Mumbai’s Real Estate

Explore how consolidation is not just about bigger players—it’s about “cash flows in the market increase as volumes and bulk orders rise, yet margins for various participants balance out due to economies of scale. Read the full article to know more!

April 28, 2026 6 min read Real Estate
#Mumbai Real Estate, Redevelopment, Greenfield Projects, Market Consolidation, Property Development
Redevelopment VS. Greenfield in Mumbai’s Real Estate

Q1. Could you start by giving us a brief overview of your professional background, particularly focusing on your expertise in the industry?

I am a Business Under-Graduate & a Post-Graduate MBA from premium institutes in the UK, with 20+ solid and proven years of total work experience globally in Management Consulting and 13+ years in Mumbai Real Estate Industry specialising in Financial Analysis, Project Modelling, Management Strategy, Corporate and Project Planning, New Business Development, Leadership, Team Building and Management, Strategic Business Planning, Sales and Marketing Strategy, Business Negotiations and Vendor Management; with strong focus on directly impacting the Commercial ROI & operational + strategic efficiency for the company.

In my current role with Rustomjee Group, I head the Business Development function involving the acquisition of land for development under both Outright and Joint Development models across the MMR, as well as all kinds of Redevelopment Proposals, including Private Societies, MHADA Societies, Cess Properties, and SRA Layouts.

In my past roles, I have headed Redevelopment and Land Acquisition for Mahindra Lifespace Developers Ltd., held P&L responsibilities at Starwing Developers Pvt. Ltd., and headed New Business Development in the Mumbai region for the Real Estate Division of Shapoorji Pallonji & Co. Ltd.

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