Project Launch at a Glance
Shraddha Prime Projects has launched a Rs 120 crore residential project in Mulund West, Mumbai, as reported on 13 October 2026 by Dalal Street Investment Journal. No further details on project scope, phasing or timelines were available from the single source report.
| Detail | Information |
|---|---|
| Project | Residential Project, Mulund West |
| Promoter | Shraddha Prime Projects |
| Location | Mulund West, Mumbai, Maharashtra |
| Project Value | Rs 120 crore |
| Reported By | Dalal Street Investment Journal, 13 October 2026 |
Maharashtra's Dominance in Residential Real Estate
The Mulund West launch reinforces Maharashtra's standing as the leading state for residential real estate activity across India. Projects India tracks 4,072 real estate projects in Maharashtra — the highest count of any state in the country — out of a total of 12,971 live real estate projects monitored nationally. The next largest concentrations are Gujarat with 1,233 projects, Karnataka with 1,194, Tamil Nadu with 788, Telangana with 768 and Uttar Pradesh with 743.
Mulund West, located in Mumbai's eastern suburbs, sits within one of the country's densest real estate markets, where land constraints and infrastructure upgrades have sustained developer interest across price segments.
Pipeline Activity: 136 Projects Added in 90 Days
Activity in the residential real estate sub-sector has been consistent in the recent period. Projects India has added 136 real estate projects to its tracked database in the last 90 days, reflecting an active pipeline of new launches and approvals across the country. Recent additions range from a Rs 6 crore residential complex in Kamrup, Assam, to a Rs 450 crore residential project in Lucknow, Uttar Pradesh, illustrating the wide range of project scales entering the market simultaneously.
Other recently tracked projects include developments in Telangana, Gujarat, Odisha and Uttar Pradesh at various stages, signalling broad geographic spread beyond the traditionally dominant Maharashtra and Gujarat markets. For a full view of recently tracked developments, see the complete Projects India tracked projects database.
Stage Distribution: Where Projects Stand Nationally
Of the 12,971 real estate projects tracked by Projects India, the stage breakdown reveals a substantial volume of work that has yet to convert into active construction contracts. The distribution is as follows:
- Early / Announced: 3,151 projects
- Planning: 3,108 projects
- Construction Started: 3,024 projects
- Completed: 2,112 projects
- Under Approvals: 990 projects
- Nearly Completion: 246 projects
The near-parity between Early/Announced (3,151), Planning (3,108) and Construction Started (3,024) stages indicates a well-stocked forward pipeline. Suppliers and contractors tracking conversion rates will note that more than 6,200 projects are still in pre-construction phases nationally, representing a significant pool of upcoming procurement activity.
What this means for suppliers and contractors
For civil contractors, structural fabricators, finishing-trade suppliers and equipment hirers, the Mulund West launch is one of several signals pointing to continued residential construction activity in Maharashtra's Mumbai Metropolitan Region. With 4,072 tracked projects in Maharashtra alone — the largest state concentration in the construction projects sector — the state remains the primary geography for firms seeking residential work at scale.
The stage distribution data is of direct relevance to business development planning. Over 3,100 projects nationally are at the Early or Announced stage, meaning procurement cycles for civil, MEP and finishing works on those projects have not yet opened. Firms monitoring these projects early are better positioned to qualify, build relationships with promoters and respond to tenders as they emerge. Projects India currently records zero open tenders in the Construction Projects sector, underscoring that the primary opportunity lies in pipeline tracking rather than live tender response at this moment.
For suppliers targeting Mumbai specifically, Mulund West's established residential catchment and improving connectivity make it a market where mid-to-large residential projects have historically found buyer demand, supporting developer appetite for further launches. Contractors active in the Mumbai suburban belt should note this addition to the local project pipeline alongside broader Maharashtra activity.
Further context on large-scale residential investment trends in India is available in related coverage, including Brigade Group's announced Rs 40,000 crore investment programme, which illustrates the scale of capital being committed to residential and mixed-use development nationally.
Frequently asked questions
What is the Shraddha Prime Projects Mulund West development?
Shraddha Prime Projects has launched a Rs 120 crore residential project in Mulund West, Mumbai. The project was reported by Dalal Street Investment Journal on 13 October 2026. No further details on scope, unit count or timelines were available from the single source report.
How many real estate projects are tracked in Maharashtra?
Projects India tracks 4,072 real estate projects in Maharashtra, making it the leading state by project count in India. The national total across all states stands at 12,971 live tracked real estate projects, with 136 new projects added in the last 90 days.
How many residential real estate projects in India are at the construction stage?
Of 12,971 real estate projects tracked by Projects India, 3,024 are at the Construction Started stage. A further 3,151 are at Early or Announced stage and 3,108 are in Planning, representing a substantial forward pipeline of pre-construction projects nationally.
