Mumbai: The Mandate House on Thursday said it recorded sales worth over Rs 100 crore within one week of the launch of Stans Arize, a residential project developed by Stans Buildtech in Jogeshwari (East), Mumbai.
According to the company, a total of 111 residential units were sold during the launch phase under the exclusive sales mandate managed by The Mandate House.
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Located at Janata Colony, Gandhi Nagar, Jogeshwari (East), Stans Arize is a 23-storey residential tower offering 1 and 2 BHK apartments. The project includes five high-speed elevators, a dedicated tower car park and multiple lifestyle amenities.
Commenting on the development, Nihar Jayesh Thakkar, Founder, The Mandate House Pvt. Ltd., said, “The phenomenal response to Stans Arize is a clear reflection of the strong appetite for well-connected residential developments in Mumbai’s western suburbs. Homebuyers today are looking beyond just homes; they seek convenience, accessibility, lifestyle and long-term value appreciation. Stans Arize delivers on all these fronts.”
He further added, “Achieving over Rs. 100 crore in sales within the very first week of launch is a significant milestone and reinforces the strength of our strategic sales approach, market understanding and execution capabilities. We are delighted to have delivered such a successful outcome for Stans Buildtech and are confident that Stans Arize will emerge as one of the most sought-after residential addresses in Jogeshwari (East).”
The company said the project’s connectivity contributed significantly to the launch response. Stans Arize is located within a two to five-minute radius from the Western Express Highway, Jogeshwari East Metro Station, Mogra Metro Station and Jogeshwari Railway Station.
The development also has access to schools, hospitals, retail centres and recreational landmarks including St. Mary’s High School, Infant Jesus High School, Seven Hills Hospital, Holy Spirit Hospital, Hub Mall, Infiniti Mall, Oberoi Mall, Jogeshwari Caves, Mahakali Caves and Aarey Colony.
Amenities at the project include a swimming pool, fitness centre, jogging track, yoga and meditation area, moss garden and cabana seating.
According to the company, Stans Buildtech has delivered more than 45 projects spanning over 22 lakh sq. ft. since 1998 and currently has 13 ongoing projects along with four upcoming developments.
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Industry observers said the launch performance reflects sustained demand for residential developments in strategically connected micro-markets across Mumbai’s western suburbs.
