Mumbai Skyline & Modern High-Rise Architecture
AI REALTY • A PERENNIAL GROUP COMPANY • EST. 1996

From Land
to Landmark.

Strategic real estate solutions across land acquisition, SRA projects and redevelopment — carried through from paperwork to possession.

Building Your Reality — The Smart Path to Real Estate

Explore Our Expertise
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Heritage & Capability

Experience That Builds Confidence.

1996 Group Legacy

Decades of foundational construction and development background through Perennial Group.

1000+ Satisfied Customers

Homeowners, society members, and corporate clients engaged across group history.

3 Core Business Verticals

Dedicated focus on Land Acquisition, SRA Initiatives, and Society Redevelopment.

Mumbai Project Focus

Specialized focus on high-potential urban corridors and metropolitan redevelopment.

Figures and associations based on company-provided information.
AI Realty Modern Architecture - High-Rise Development
ESTABLISHED 1996

Engineering durability and disciplined delivery across decades.

About AI Realty

Real Estate Expertise.
Built on Experience.

AI Realty operates across land, SRA and Redevelopment opportunities, combining real estate expertise with project-focused execution. Backed by the experience of Perennial Group, a construction company established in 1996, AI Realty brings a long-term approach to real estate opportunities.

Perennial Group of Companies associates with B.Tech Civil IIT Mumbai, M.I.E. Chartered Engineers, structural audit, physical inspection, NDTS (Non-Destructive Testing), and project management.

AI Realty deals with land, SRA projects, and Redevelopment Projects. Perennial Group is a construction company since 1996; now AI Realty is a specialized part of Perennial Group focused on land, SRA, and redevelopment with 1000+ satisfied customers (e.g., Atlantic Wind Infrastructure Pvt. Ltd.) and construction experience across L&T, Oberoi Builders & Developers, VITS Hotels, HDFC Bank, IBM, Essar, Kumar Properties, Toyota, Silver Point, and many more.

Perennial Group of Companies:
Perennial Construction Perennial Club & Resorts Pvt. Ltd. saathpherein.com ↗ Perennial Foundation AI Realty

"Customer satisfaction is our ultimate goal."

IIT Mumbai & Chartered Depth

M.I.E. Chartered Engineers, Structural Audits & NDTS.

1000+ Customer Track Record

Land, SRA & Redevelopment project execution.

Discover Our Story
Core Competencies

Our Expertise

Three areas. One integrated approach.

Land Acquisition & Development
CARD 01

LAND

01

Land Acquisition & Development

Identifying, evaluating and facilitating strategic land opportunities with a focus on development potential.

  • Title scrutiny & regulatory due diligence
  • Development potential & zoning evaluation
  • Direct landowner & investor coordination
Explore Land
SRA Project Development
CARD 02

SRA

02

SRA Project Development

Focused on structured SRA opportunities and project execution with attention to stakeholders, documentation and development processes.

  • Slum Rehabilitation Authority statutory compliance
  • Slum dweller consensus & biometric coordination
  • Transparent rehabilitation & sale-component planning
Explore SRA
Society Redevelopment
CARD 03

REDEVELOPMENT

03

Society Redevelopment

Supporting redevelopment opportunities through structured planning, coordination and project execution.

  • Self-redevelopment & Joint Venture models
  • General Body meeting advisory & consensus
  • Feasibility analysis, corpus, & additional area structuring
Explore Redevelopment
Vertical 01 • Land

Turning Land
Into Opportunity.

AI Realty works with landowners, investors and development stakeholders to identify and structure opportunities around land acquisition and development.

Strategic Evaluation

Rigorous technical and legal analysis covering title verification, land tenure, encumbrance scrutiny, zoning parameters, and development regulations.

Title Due Diligence FSI/TDR Potential Zoning Scrutiny

Opportunity Identification

Sourcing off-market and institutional land holdings across primary development corridors with superior connectivity and long-term appreciation potential.

Growth Corridors Off-Market Sourcing Assemblage Advisory

Development Planning

Formulating comprehensive commercial models, master layout optimization, joint venture structures, and viable exit mechanisms for stakeholders.

Financial Modeling JV / DM Structuring Master Layout
Vertical 02 • Urban Rehabilitation

SRA Projects

"Structured Development. Community-Focused Outcomes."

Slum Rehabilitation Authority (SRA) schemes in Mumbai are government-regulated frameworks that replace dense, informal settlements with permanent, dignified housing while liberating valuable land for modern residential and commercial development. AI Realty focuses on SRA project opportunities and execution, navigating complex social dynamics and statutory procedures with professional integrity.

01

Assessment

Thorough evaluation of land survey, slum cluster eligibility, demographic data, and planning regulations under SRA guidelines.

02

Planning

Preparation of architectural master layout, rehabilitation density mapping, and sale-component viability modeling.

03

Coordination

Active stakeholder alignment, consent generation, cooperative society formation, and regulatory filing with SRA authorities.

04

Execution

Seamless transit accommodation or rent distribution, site clearance, statutory approvals (LOI, IOA), and civil works launch.

05

Development

High-quality rehabilitation housing delivery alongside premium commercial or residential sale tower completion.

Have an SRA Cluster or Proposal under Consideration?

We provide strategic feasibility, documentation support, and end-to-end execution advisory for complex SRA opportunities.

Vertical 03 • Urban Transformation

Reimagining Existing Spaces.

Redevelopment with a structured, project-focused approach.

Planning & Structural Review
Planning & Structural Review
Completed Landmark Living
Completed Landmark Living

Guiding Housing Societies from Initial Deliberation to Key Handover.

Redeveloping a cooperative housing society requires absolute transparency, consensus building, and rigorous compliance with Section 79A directives. AI Realty acts with an institutional fiduciary mindset, ensuring all society members receive their rightful entitlements with legal safeguards.

Zero compromise on monthly transit rent and hardship corpus safety.
Modern architectural floor plans tailored to family living needs.
Predictable construction timelines backed by Perennial Group’s building depth.
Structured Roadmap

The 6-Phase Society Redevelopment Journey

Stage 1 01

Society Discussion

Engaging with managing committees and housing society members to understand specific aspirations, space requirements, and collective priorities.

Stage 2 02

Feasibility & Planning

Detailed architectural feasibility, allowable FSI / TDR calculations, structural review, and financial viability reports tailored to the society plot.

Stage 3 03

Project Structuring

Formulating clear commercial terms: additional carpet area, hardship corpus funds, monthly rent allowance, and bank guarantee protections.

Stage 4 04

Approvals & Coordination

Navigating municipal sanctions (MCGM / BMC), fire NOCs, environmental clearances, and formal Development Agreement execution.

Stage 5 05

Execution

Disciplined construction management, transparent progress reporting to society members, and quality control benchmarks.

Stage 6 06

Transformation

Timely handover of contemporary, amenity-rich homes to existing residents, culminating in modern landmark living.

Portfolio & Pipeline

Projects & Opportunities

A disciplined portfolio spanning strategic land holdings, municipal slum rehabilitation, and cooperative housing transformations.

Portfolio Overview: Featuring AI Realty's active and upcoming landmark developments, including Shree Chandika Devi Grahnirman Sanstha (SRA) and Shalom CHS, alongside strategic pipeline mandates.
Shree Chandika Devi Grahnirman Sanstha (SRA) - Current Project ★ Current Project
Current Project • Active Execution Phase
Mumbai Metropolitan Region

Shree Chandika Devi Grahnirman Sanstha (SRA)

A flagship active high-rise slum rehabilitation initiative delivering structured tenant transit, regulatory compliance, and premium residential sale towers under the SRA framework.

Shalom CHS - Upcoming Society Redevelopment Upcoming Project
Upcoming Project • Planning & Structuring
Mumbai Suburban

Shalom CHS (Co-operative Housing Society)

Upcoming landmark society redevelopment structured to optimize FSI/TDR potential, provide hardship financial compensation, and construct a modern architectural residential tower.

Strategic Land Acquisition & Development Opportunity Land Acquisition
Active Mandate • Due Diligence & Structuring
Western Suburban Corridor, Mumbai

Strategic Land Assemblage Mandate

Facilitating a strategic multi-acre land parcel evaluation with integrated development potential along key transit arterials with verified title due diligence.

Urban Infill Land Parcel Upcoming Land Mandate
Title Verification & Feasibility
Eastern Express Corridor, Mumbai

Urban Infill Land Development

Advisory and structuring for clear-title land holding earmarked for mixed-use or commercial grade redevelopment with arterial connectivity.

Metropolitan SRA Project Development Cluster Upcoming SRA Scheme
Stakeholder Alignment & Biometric Phase
Central Mumbai Suburban Cluster

Metropolitan SRA Cluster Initiative

Structured rehabilitation initiative focused on sustainable community housing combined with high-grade modern sale towers and social infrastructure.

Society Redevelopment Landmark Upcoming Redevelopment
Society Consensus & Section 79A Structuring
South-Central Mumbai

Prime Cooperative Society Redevelopment

Transforming an established cooperative housing society into an architectural landmark with modern lifestyle amenities, bank guarantees, and hardship corpus.

Industry Experience

Experience Across Industries

AI Realty's company-provided material references experience and associations with organizations including Larsen & Toubro (L&T), Oberoi Builders & Developers, IBM, HDFC Bank, Essar, Toyota, VITS Hotels, Kumar Properties, Silver Point and Atlantic Wind Infrastructure Pvt. Ltd.

Atlantic Wind Infrastructure / Atlantic Group
Infrastructure & Energy

Atlantic Group

Larsen & Toubro (L&T)
Engineering & Construction

Larsen & Toubro (L&T)

Oberoi Builders & Developers
Real Estate & Development

Oberoi Builders

VITS Hotels
Hospitality

VITS Hotels

HDFC Bank
Financial Institution

HDFC Bank

IBM
Technology & Enterprise

IBM

Essar Group
Conglomerate & Infrastructure

Essar

Kumar Properties
Real Estate

Kumar Properties

Toyota Showroom
Commercial & Automotive

Toyota Showroom

Silver Point
Commercial & Capital

Silver Point

Associations / clients cited in company-provided material. Listed solely for descriptive reference without implying direct institutional endorsement.
The AI Realty Distinction

Building Opportunities. Creating Landmarks.

A disciplined corporate framework built on engineering heritage, localized Mumbai intelligence, and collaborative stakeholder outcomes.

01

Established Group Legacy

Backed by the stated experience of Perennial Group since 1996, bringing proven stability, construction depth, and execution rigor to every mandate.

02

Project-Focused Approach

Intentionally specialized in Land Acquisition, SRA, and Redevelopment rather than generic brokerage, providing disciplined real-estate problem solving.

03

End-to-End Perspective

From initial opportunity assessment, regulatory navigation, and financial structuring through civil execution and final delivery.

04

Long-Term Relationships

Building transparent, enduring relationships with landowners, housing societies, financial investors, and public development authorities.

Executive Leadership AI Realty
Executive Portrait AI REALTY • EST. 1996
Founder & CEO

Ajit Mhamunkar

Executive Leadership & Strategic Direction

Founder & Executive Vision

"Building relationships today.
Creating landmarks for tomorrow."

"Building Your Reality — The Smart Path to Real Estate"

Carried through from paperwork to possession • Smarter Living. Better Investing.

Founder & CEO

Ajit Mhamunkar

Civil Engineer, Structural Auditor & Owner of Perennial Group

Backed by the stated experience of Perennial Group since 1996, AI Realty is spearheaded by Founder & CEO Ajit Mhamunkar (Shri Ajit Baliram Mhamunkar) — Civil Engineer, certified Structural Auditor, and Owner of Perennial Group. Combining three decades of engineering precision with specialized transaction structuring, he delivers comprehensive advisory and project facilitation for landowners, housing societies, and institutional partners across Mumbai.

Holding official Government of India MSME certification and Brihanmumbai Municipal Corporation (BMC) licensing in civil contracting, Mr. Mhamunkar directs operations from title scrutiny, structural audits, and society General Body consensus through Slum Rehabilitation Authority (SRA) execution and final key handover — ensuring every project is carried through from paperwork to possession.

Confidential advisory • Direct leadership consultation
Heritage & Strength

Backed by Experience Since 1996.

AI Realty is backed by the stated experience of Perennial Group, a construction company established in 1996. This corporate alliance merges nearly three decades of civil contracting depth with specialized advisory in land assemblage, Slum Rehabilitation Authority schemes, and complex society redevelopment.

1996

Perennial Group Established

Founded with a dedication to civil construction excellence, contracting reliability, and institutional infrastructure standards.

Expansion

Construction & Development Depth

Over 25+ years of delivering civil works, satisfied customer handovers, and technical project management expertise across Western India.

AI Realty

Specialized Real Estate Arm

Established to address the complex regulatory, social, and commercial dynamics of modern Mumbai metropolitan real estate.

Present & Beyond

Land • SRA • Redevelopment Focus

Unlocking strategic urban value through structured land development, humane SRA rehabilitation, and landmark society transformations.

Corporate lineage and history presented strictly in accordance with company-provided information and Perennial Group documentation.
Verified Governance & Compliance

Statutory Registrations & Corporate Credentials

AI Realty operates with institutional accountability, backed by verified Government of India MSME certification and Brihanmumbai Municipal Corporation (BMC) commercial establishment licensure.

Government of India Ministry of Micro, Small & Medium Enterprises (MSME)

Udyam Registration Certificate

Registration Number UDYAM-MH-19-0082843
  • Registered Entity: AI REALTY / DSPC Enterprise
  • Proprietor / Director: Shri Ajit Baliram Mhamunkar
  • Enterprise Category: Micro Commercial Enterprise (Services)
  • Registered Jurisdiction: Mumbai Suburban, Maharashtra
Brihanmumbai Municipal Corporation (BMC) Municipal Corporation of Greater Mumbai (MCGM)

Commercial Establishment Certificate (Form B)

Application / Reg Number 820452254 / KE Ward / COMMERCIAL II
  • Statutory Authority: Maharashtra Shops & Establishments Act, 2017
  • Authorized Employer: Mr. Ajit Baliram Mhamunkar
  • Nature of Business: Civil Contractor & Development Works
  • Municipal Ward: KE Ward (Jogeshwari East, Mumbai 400060)

Legal Due Diligence Assurance

Original statutory certificates, tax compliance records, and municipal approvals are open for legal verification by prospective society committees, institutional investors, and landholders.

Luxury Architectural High-Rise
Strategic Consultation

Have a Land or Redevelopment Opportunity?

Let's explore the possibilities together.

Landowners

Clear title monetization, outright sale, or Joint Development Agreements with guaranteed commitments.

Select Pathway ›
Societies

Transparent feasibility, incremental carpet area, and bank-guaranteed execution under 79A guidelines.

Select Pathway ›
Development Partners

Strategic co-investment, development management (DM), and institutional real estate structuring.

Select Pathway ›

Confidential Consultation • Institutional Discretion Guaranteed

Direct Advisory

Let's Talk Real Estate.

Whether you represent a family estate, an institutional land parcel, or a cooperative housing society seeking guidance on redevelopment or SRA frameworks, our team welcomes confidential dialogue.

Corporate Headquarters

15, Sundra Niwas, opp HBT troma care hospital, Near W.E highway, Jogeshwari (E) Mumbai 400 060

Landmark: Opp H.B.T. Trauma Care Municipal Hospital • Near Western Express Highway • BMC KE Ward Jurisdiction

Telephone & Advisory Directory

Toll-Free & Direct +91 81081 48889
Gujarat Regional +91 73595 29343
Monday – Saturday: 9:30 AM – 7:30 PM IST • Direct consultation with Senior Advisory
Direct WhatsApp Advisory

Immediate coordination for opportunities

Chat Now

Confidential Project Enquiry

Submit your requirements for institutional review and structured discussion.

All discussions and project submissions are treated with rigorous professional confidentiality.

Enquiry Received

Thank you for reaching out to AI Realty. Our advisory directorate will review your mandate details and connect with you under strict discretion.

Corporate Headquarters

Visit Our Corporate Office

15, Sundra Niwas, Opp. HBT Trauma Care Hospital, Near Western Express Highway, Jogeshwari (East), Mumbai – 400 060, Maharashtra

Primary Landmark: Directly opposite H.B.T. Trauma Care Municipal Hospital
Highway Proximity: Less than 100 meters from Western Express Highway (WEH)
Suburban Transit: Jogeshwari (E) Station (5 mins) • Gundavali / WEH Metro Line (4 mins)
AI Realty Office • Jogeshwari (E)
Direct Advisory Line Connect for land, SRA & redevelopment queries.