Atlantaa Share Price Hits 5% Upper Circuit on Signing Development Agreement for Borivali East Redevelopment

On December 15, 2025, Atlantaa Limited announced the formal execution of a development agreement with Highway Milton Co-operative Housing Society for the redevelopment of its residential premises in Borivali East, Mumbai.  

This project marks a significant addition to Atlantaa's real estate footprint in the western suburbs. 

Details of the Borivali East Redevelopment Project 

The redevelopment project covers approximately 4,496 sq. meters of land and is expected to deliver 1.75 lakh sq. ft. of saleable carpet area upon completion. The projected Gross Development Value (GDV) stands at ₹500 crores.  

Strategically located along the Western Express Highway, the project offers excellent metro connectivity and is situated within a premium residential belt. 

Atlantaa Limited's Vision and Commitment 

Atlantaa Limited aims to deliver modern lifestyle features and sustainable architectural planning through this project. The redevelopment aligns with the company's commitment to creating contemporary living spaces that enhance urban living quality.  

Mr. Rickiin Bbarot, Managing Director of Atlantaa Limited, emphasised the company's vision to enrich residents' lives and uplift communities through thoughtfully designed homes. 

Read More: A-1 Ltd Share Price Hits 5% Upper Circuit on Entering Tri-Party Supply Agreement with GNFC and Solar Industries! 

About Atlantaa Limited 

Atlantaa Limited is a longstanding infrastructure and real estate development company in India, with a history spanning over 48 years.  

The company has delivered large-scale urban infrastructure projects, EPC works, and residential developments. Known for trust, transparency, and engineering excellence, Atlantaa focuses on developing functional, community-oriented, and future-ready developments across the Mumbai Metropolitan Region. 

Atlantaa Share Price Performance  

As of December 16, 2025, at 10:42 AM, Atlantaa share price on NSE was trading at ₹43.11 up by 4.99% from the previous closing price. 

Conclusion 

Atlantaa Limited's development agreement for the Borivali East redevelopment project highlights its ongoing commitment to enhancing urban living spaces. The project is a significant addition to the company's real estate portfolio, reinforcing its role in Mumbai's real estate transformation. 

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