1. Khar West entry - Appointed developer for Neel Kiran Society, Khar West, on 3 Jun 2026, adding \~₹250 crore GDV and marking the company's first project in the Bombay zone; launch is targeted for Q4 FY27 at ₹45,000-50,000 per sq ft. This opens a new micro-market at roughly double the per-sq-ft pricing of its western-suburb projects.
2. Rashmi Square completion - The Borivali West project is 78% complete with \~80% sold, and handover with occupation certificate is expected in Q3 FY27. As the project closes out, the remaining \~20% inventory at ₹25,000-27,000 per sq ft converts to cash, and management targets raising rates to ₹27,000-28,000 as completion nears.
3. Rashmi Signature sales ramp - The Malad West project is 59% complete with \~65-70% booked, and management targets \~75% booking by Q2-Q3 FY27 after sample flats lifted conversion. Each percentage point of the remaining \~₹190-200 crore GDV booked is direct revenue visibility for FY27-FY28 delivery.
4. Rashmi Icon revenue start - Construction began in Feb 2026, and revenue recognition starts in Q3 FY27 once 25% of cost is incurred; 0.68 of 0.70 lakh sq ft is already booked. The \~₹190-200 crore GDV project begins contributing to the P&L within two quarters, with 201 homes at ₹27,000-28,000 per sq ft.
5. Rashmi Avenue launch - The Dahisar West affordable project commenced in Mar FY26 with 0.34 of 0.36 lakh sq ft booked, and revenue recognition starts in Q3 FY27. At ₹23,000-24,000 per sq ft, this adds a \~₹150 crore-plus GDV revenue stream in the affordable segment.
6. BOI Staff Sheetal mandate - Appointed developer on 1 Jan 2026 for the Borivali West redevelopment, \~₹250 crore GDV with 100% member consent and 79A procedure complete; launch is expected in Q3-Q4 FY27 alongside Rashmi Gold. This is a fully approved, unanimous-consent project at the company's established margin run rate.
7. Project acquisition pipeline - Management is in the top three for two to three development selections and expects to add two to three projects in FY27, with tender-to-selection taking 4-6 months. Each mandate at the recent ₹160-250 crore GDV scale would roughly double the current \~₹1,000 crore active portfolio.