EV Homes Secures Major Vashi Redevelopment Project
In a significant development for Navi Mumbai's urban landscape, EV Homes Constructions Private Limited has been officially appointed as the developer for the ambitious redevelopment of Jai Maharashtra Society in Vashi Sector 9. This appointment further solidifies the company's dominant position in the city's real estate sector and marks another milestone in their expanding portfolio of urban renewal projects.
The formal appointment came after the successful completion of the crucial 79A procedure on September 28, 2025, a mandatory regulatory step for cooperative housing societies undertaking redevelopment. This procedural milestone cleared the path for EV Homes to begin work on what is now recognized as the second-largest cluster redevelopment initiative in Navi Mumbai.
Building on a Legacy of Successful Projects
EV Homes Constructions brings to the table an impressive track record of over 40 successfully completed real estate projects both in Navi Mumbai and across India. Founded by Managing Director EV Thomas, the company has established itself as a trusted name in the construction industry with a focus on timely delivery and quality craftsmanship.
The company's development philosophy centers around creating sustainable, well-designed modern residential spaces that set new benchmarks in contemporary architecture. Some of their notable projects include EV 10 Marina Bay, EV 9 Square, and EV 23 Malibu West, each representing their commitment to excellence in urban design and environmental sustainability.
A testament to their execution capabilities is the EV 10 Marina Bay project in Vashi Sector 10, which is currently on track for possession by December 2025. This emphasis on before-time delivery has been crucial in building trust among existing society residents and maintaining momentum in the redevelopment cycle.
Transformative Impact of Cluster Redevelopment
Cluster redevelopment projects like Jai Maharashtra Society and Nakshatra CHS play a vital role in the structured growth of Navi Mumbai. These initiatives provide a unique opportunity to replace aging, often dilapidated buildings with modern, resilient structures that comply with the latest safety standards and building codes.
For the residents of Jai Maharashtra Society, this redevelopment translates into receiving new, better-equipped homes with modern amenities and improved infrastructure, all without the financial burden of new construction. The benefits extend beyond individual homeowners to the larger civic landscape, improving density management, creating better open spaces, and upgrading essential services like drainage, water supply, and power infrastructure across entire blocks rather than individual plots.
Strategic Vision for Navi Mumbai's Future
The leadership at EV Homes sees their work as part of a larger vision for Navi Mumbai's transformation into a world-class urban center. Vicky Thomas, Director at EV Homes Constructions Pvt Ltd, expressed the company's commitment to this vision, stating: "We are transforming the future of Navi Mumbai and encourage all Navi Mumbaikars to participate in this movement. We look forward to fulfilling our promise of before-time delivery and continuing to create landmark developments that elevate city living."
Ricki Thomas, Director at EV Homes Constructions Private Limited, highlighted the strategic context of their work, emphasizing the city's growing potential: "At EV Homes Constructions Private Limited, our vision is to build a future megapolis that exemplifies excellent infrastructure, a world-class standard of living, and an integrated ecosystem of healthcare, education, and business. The commencement of the Navi Mumbai International Airport will further accelerate this transformation by bringing investments from across India and the world."
The company's strategic decision to undertake two of the city's largest cluster projects – Jai Maharashtra Society and Nakshatra CHS – in Vashi underscores their belief in the area's centrality. By modernizing Vashi's core residential areas, EV Homes is positioning the node as the nucleus of a modern, globally connected metropolis, fully prepared for the economic boost expected from the new international airport.
With multiple mega-redevelopment projects already underway, EV Homes continues to be the key driver in Navi Mumbai's evolution into a vibrant, sustainable, and future-ready urban hub, building on their legacy of trust and timely delivery that has characterized their four decades of operation in the real estate sector.
