Built on a belief in a better Mumbai.
B-Right RealEstate Limited is a listed Mumbai-based real estate developer focused on redevelopment, thoughtful residential development and the long-term renewal of the city.

We work with societies, landowners and partners to renew Mumbai's built environment for the long term.
From one investor's conviction to a listed platform.
Sanjay Shah's journey in real estate began with a willingness to take on projects that others found complex.
Over time, that experience developed into a larger conviction: that Mumbai's future would increasingly depend on renewing the neighbourhoods and communities that already define the city. That belief became the foundation for B-Right.
By bringing together financial understanding, redevelopment experience and disciplined execution, his focus has been to build a company capable of delivering well-built homes, stronger communities and lasting value across Mumbai.
Today, that vision continues to guide B-Right's growth and its ambition for the city ahead. B-Right RealEstate Limited is now a listed Mumbai-based redevelopment platform, operating across society redevelopment and Slum Rehabilitation Authority (SRA) projects, built on financial discipline and a long-term view of the city.
Built milestone by milestone, on discipline.
- 2007
Foundation
Sanjay Shah begins investing in real estate, identifying overlooked opportunities and laying the groundwork for the Group.
- 2010
Expansion
Enters large-scale project funding through personal wealth, banks and NBFCs, deepening relationships with developers and institutions.
- 2016
Turnaround success
Successfully executes the first distressed project, building the project-management discipline to see complex situations through.
- 2022
Public markets
Enters the public markets, marking a new chapter in governance, transparency and institutional growth.
- 2023
Investment grade
Earns a BBB-/Stable investment-grade rating for the ₹40 crore Fixed Deposit Scheme, reinforcing financial strength and confidence.
- 2026
₹1,000 crore milestone
B-Right crossed the ₹1,000 crore market capitalisation milestone, marking another step in the company's evolution as a listed Mumbai real estate developer.
Redevelopment, end to end.
Residential Redevelopment
Working with societies and stakeholders to renew existing properties through thoughtfully planned residential development.
SRA Development
Navigating the planning, rehabilitation, stakeholder and execution requirements of Slum Rehabilitation Authority developments.
Land Acquisition & Development
Identifying, evaluating and developing land opportunities that complement B-Right's long-term growth across Mumbai.
Design-Led Urban Transformation
Bringing together planning, architecture, materiality and development thinking to create projects that contribute positively to the homes, streets and neighbourhoods around them.
The people accountable for every promise.

Sanjay Nathalal Shah
Founder, Chairman & Managing Director

Parag Gosalia
Project CEO

Jiten Karande
VP - Business Development

Mehul Shah
VP - Sales

Rudra Shah
VP - Digital Transformation

Bhagyashree Mehadia
Company Secretary
Nearly two decades, in numbers.
- Established
- 2007
- Project portfolio
- 46
- Mumbai neighbourhoods
- 19
- Sq ft development footprint
- 4.2 Mn
Established
Project portfolio
Mumbai neighbourhoods
Sq ft development footprint
