Mumbai, February 26, 2026: Ajmera Realty, a prominent player in Mumbai’s real estate market for over five decades, has announced its strategic foray into the ultra-luxury segment with the launch of Vann By Ajmera. Located in the high-demand micro-market of 7 Bungalows, Versova (Andheri West), the project marks a significant milestone in the company’s evolution, bridging its 56 + years legacy with the debut of the “Luxury Collective,” a new vertical defined by a commitment to sophisticated, wellness-driven living.
Vann By Ajmera features an exclusive offering of 53 luxury units, comprising 3 & 4 BHK residences priced starting from Rs. 7 Crore and Rs. 12 Crore respectively. The project is expected to generate a Gross Development Value (GDV) of approximately Rs. 450 Crore, reflecting the company’s confidence in the Versova micro-market. Encompassing an estimated carpet area of 90,792 sq. ft., the development is conceptualized for those seeking a sanctuary of peace and nature without sacrificing urban connectivity.
The project distinguishes itself by allocating over 60% of the development to lush green spaces, including Singapore-inspired landscaping and the unique Forest Walk concept. The development will integrate over 50 lifestyle amenities, including a clubhouse, gym, swimming pool and jogging track promoting a balanced lifestyle of wellness and recreation. Sustainability remains central to the project, with eco-friendly features such as rainwater harvesting and waste management systems integrated into the infrastructure.
Commenting on the milestone, Mr. Dhaval Ajmera, Director of Corporate Affairs, Ajmera Group, said: “The launch of Vann By Ajmera and our Luxury Collective marks a significant milestone in our journey to redefine exclusive luxury living. While Mumbai continues to densify, we see a clear and growing demand for residences that offer a genuine sanctuary without sacrificing urban connectivity. Our objective is to address this gap by creating homes that are personal, meaningful, and enduring. With a focus on wellness-driven design, this flagship project reflects our commitment to developing inspired spaces that transcend time.”
The Luxury Collective “By Ajmera” represents a strategic expansion into the ultra-luxury segment, solidifying the firm’s standing as a leader in Mumbai’s evolving real estate market. This development is set to become a prominent residential address in Versova, bridging the brand’s storied history with a future-focused vision for premium living.
