Vihang Ahead Launches Ventura Tower 2

Vihang Ahead, the development arm of Vihang Group, has launched Vihang Ventura Tower 2 in Mira Bhayandar, Mumbai Metropolitan Region (MMR), expanding its commercial real estate portfolio.

Vihang Ahead launches Ventura Tower 2 in Mumbai. (Supplied)

PROPERTY PULSE

Mumbai: Vihang Ahead, the residential and commercial development arm of Vihang Group operating through Reyanshp Realty LLP, has launched Vihang Ventura Tower 2, thus expanding its commercial development portfolio in Mira Bhayandar in the Mumbai Metropolitan Region.

The G+30-storey commercial tower is planned to accommodate more than 400 office spaces, retail shops and showrooms. It will also house a five-star hotel to be operated by Radisson Group, which the developer describes as the first such hotel in Mira Bhayandar.

The project is positioned to serve demand for organised office, retail and hospitality infrastructure in a market with a growing residential catchment. The developer said the development would contribute to the area’s shift towards more premium commercial offerings.

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Commercial Destination in Mumbai Metropolitan Region

Purvesh Sarnaik, director of Vihang Ahead, said improving connectivity, a larger consumer base and the expansion of the local lifestyle ecosystem were making Mira Bhayandar increasingly relevant for businesses seeking locations closer to customers.

He said Ventura Tower 2 would bring workplaces, retail and business infrastructure together and contribute to the region’s emergence as a more prominent commercial destination within the Mumbai Metropolitan Region.

Mira Bhayandar has seen the entry of organised retail and consumer brands across apparel, food and beverage, quick-service restaurants, jewellery, lifestyle and hospitality, according to the developer.

The company also pointed to rising real estate prices as part of the wider premiumisation trend. The project adds to the mixed-use commercial pipeline in the region, where developers are seeking to link office and retail space with hospitality and services.

Its performance will depend on the pace of occupancy, tenant demand and the delivery of the planned facilities. The announcement did not specify the project’s investment value or completion timeline.