TRU Realty has announced its debut in Mumbai’s premium residential real estate market with two luxury housing projects in the Santacruz–Andheri corridor, aiming to generate ₹400 crore in revenue by 2028.
Founded and led by CEO Sujay Kalele, the company has already secured RERA approvals for both developments, which are slated to launch in September 2025. Together, the projects will span 0.3 million sq. ft and involve a total investment of ₹250 crore.
The move marks TRU Realty’s expansion beyond Pune, where it has delivered notable projects such as TRU Meadows — valued at ₹275 crore — and the upscale villa community Kekarav. At present, the company is developing eight projects across Pune and Mumbai, with over ₹1,000 crore worth of assets under construction and 210 homes already handed over to buyers.
The Mumbai residential market, valued at approximately USD 57.9 billion, is projected to reach USD 98 billion by 2030, growing at a CAGR of 11.1%. TRU Realty’s upcoming Mumbai properties are strategically located near Juhu Beach, Andheri Railway Station, and Chhatrapati Shivaji International Airport, catering to the city’s high-demand luxury segment.
