Pandora by Shraddha launched in Nahur West; 110 of 471 units booked on launch day
Shraddha Prime Projects announced the launch of 'Pandora by Shraddha', a 22-storey mixed-use development in Nahur West, Mumbai.
- Units Booked
- 110 units were booked out of a total inventory of 471 units
- Aggregate Booking Value
- approximately ₹60 crore
- Estimated Revenue Potential
- approximately ~₹220 crore
Launch of a new Mumbai project
Shraddha Prime Projects Limited announced the launch of 'Pandora by Shraddha', a 22-storey mixed-use development located in Nahur West, Mumbai. The company shared the details through a press release on the project launch and the booking response received on the launch day.
Booking response on launch day
- 110 units booked out of a total inventory of 471 units
- Aggregate booking value of approximately ₹60 crore
- The company described the response as encouraging
Project size and mix
The development offers a mix of residential and commercial spaces. The residential offering includes compact 1 RK and studio apartments, with the project designed to cater to varied housing requirements in Mumbai's established residential markets. The project has an estimated revenue potential of approximately ~₹220 crore.
What the Managing Director said
Mr. Sudhir Balu Mehta, Managing Director, said the booking of 110 units is an encouraging start and reflects the interest homebuyers have shown in the project. He said the company will now focus on taking the project forward with the same emphasis on construction quality and timely execution, and aims to deliver a good home-buying experience for customers while continuing to grow its presence across Mumbai.
Points to note
- The booking value of approximately ₹60 crore relates to the 110 units booked on launch day, while the estimated revenue potential of the project as a whole is approximately ~₹220 crore.
- The project is a mixed-use development; the residential part comprises compact 1 RK and studio apartments.
- The booking and revenue figures are the company's own estimates as stated in the press release, using words such as approximately and estimated.
About the company
Shraddha Prime Projects Limited is a Mumbai-based real estate developer with a portfolio spanning residential developments, slum rehabilitation (SRA) projects, redevelopment initiatives and MHADA projects, offering affordable homes, compact residences, premium and super-premium dwellings.
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Record Date for Rights Issue Entitlement fixed as Thursday, October 15, 2026
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Board approves rights issue of Rs. 96,96,24,000; 60,60,150 shares at Rs. 160 each
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More numbers
- Aggregate booking value on launch day₹60 crore
- Aggregate booking value on launch day (press release)approximately ₹60 crore
- Units booked on launch day110 units
- Total inventory of units471 units
- Storeys in the development22-storey
- Estimated revenue potential of the projectapproximately ~₹220 crore
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