Excel Infra to Invest ₹250 Crore on New Mumbai Project


NEW DELHI: Excel Infra Construction announced on Monday its plan to invest ₹250 crore in a new housing project in Mumbai.

The company revealed that it has initiated a luxury residential project at Bandra Reclamation, backed by an investment of ₹252 crore.

Funding will be sourced from a combination of equity and Alternative Investment Fund (AIF) structured as non-convertible debentures.

Excel Infra anticipates a revenue of ₹400 crore from this initiative, which features a 33-storey residential tower comprising 96 units. The apartments in the ‘Bellissima’ project are priced at ₹51,500 per square foot.

“With a strategically planned investment and the implementation of advanced construction technology, we are confident in delivering the project well ahead of the scheduled timeline,” stated Virendra Vora, Promoter and Managing Partner of Excel Infra Construction.

Excel Infra has successfully completed over 20 projects across Mumbai.

  • Published On Sep 1, 2025 at 03:23 PM IST

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