Modis Navnirman Ltd Obtains Occupation Certificate for Rashmi Celestia

Modis Navnirman Limited has announced the receipt of the Occupation Certificate for its residential project, Rashmi Celestia, situated in Borivali West, Mumbai. This certificate, issued by the competent authority, signifies the project’s completion in accordance with applicable regulatory requirements. With this development, Modis Navnirman is now positioned to commence the process of handing over possession of units to the respective homebuyers.

The filing does not disclose specific financial terms or payment structures related to the Rashmi Celestia project. The focus of the announcement is on the regulatory milestone achieved with the receipt of the Occupation Certificate, which allows the company to proceed with the next phase of the project, namely the transfer of possession to buyers.

Rashmi Celestia is a mixed-use development spread across approximately 130,000 square feet. The project features a modern tower with ground-level commercial spaces, semi-commercial floors, and residential apartments on the upper levels. It includes lifestyle amenities and contemporary architectural design. The development is designed to cater to evolving urban lifestyles, offering efficient layouts, modern infrastructure, and integrated amenities. The location in Borivali West provides proximity to established social infrastructure, including schools, healthcare facilities, retail hubs, and transportation networks.

The project is part of Modis Navnirman’s broader strategy to expand its presence in Mumbai’s western suburbs. The company has a focus on redevelopment, transforming aging residential and mixed-use properties into modern developments. With the completion of Rashmi Celestia, Modis Navnirman continues to enhance its footprint in areas such as Borivali, Kandivali, Malad, and Goregaon, where it has developed and delivered multiple projects.

The timeline for the Rashmi Celestia project includes the recent receipt of the Occupation Certificate, marking the project’s completion. The company is now set to begin the process of handing over possession to homebuyers. The filing does not specify further implementation dates or additional milestones beyond this point.

Modis Navnirman Limited is a redevelopment-focused real estate developer with a significant presence in Mumbai. Founded in 2010, the company specializes in transforming aging properties into modern, high-quality developments. Modis Navnirman emphasizes thoughtful planning, engineering excellence, and disciplined execution in its projects. The company continues to set benchmarks in design, transparency, and timely delivery, aligning with Mumbai’s redevelopment-driven growth.