Dosti Realty

Dosti Realty

Since 1980

Founded in 1980, Dosti Realty is a real estate firm that develops properties mainly in Mumbai and Thane. The company's focus on creating affordable luxury for homeowners has made it a household name in the real estate industry. With an experience of 4 decades - Dosti Realty has developed a popular range of commercial, residential, and retail projects covering around 11 million sq. feet in the city. With another 6 million sq feet of construction projects, the company is further promising significant real estate growth in Mumbai. In fact, the firm's new upcoming project Dosti Eastern Bay is all set to be an architectural landmark in the emerging area of New Wadala. Dosti Realty has delivered more than 126 properties and built luxe homes for more than 9000+ families. With a motto to build luxury homes for all budgets, the company gives homeowners a chance to buy their dream homes at attractive rates. Proper planning and constant innovation have further enabled the firm to build trust and reliability in the current market.
7
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22
Under Construction
29
Total Project

Dosti Realty Properties

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Dosti Willow

Under Construction

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Dosti Willow

Favourite

2, 3 BHK, Apartments in Old Mumbai - Agra National Road, Balkum, Mumbai, ( Near upcoming Balkum Naka Metro Station )

location

Balkum, Thane

2 BHK
800 Sq.ft
₹ 1.85 Cr
3 BHK
1200 Sq.ft
₹ 2.85 Cr

TOP AMENITIES

  • Cafeteria
  • Club house
  • Sports Courts
  • Kids Play Area
  • Swimming Pool
  • Gym
  • Party Lawn
  • Amphitheater
  • Library
  • Lift
  • Power Back Up
  • Parking
  • Security System

Situated in Balkum, Dosti Willow is one of the exclusive low-density living developments. Centrally located along the Eastern Express Highway with rapid access to Ghodbunder Road, the project enjoys easy access to all key hubs of MMR.

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G + 32 Storey in 14 Acres

G + 32 Storey in 14 Acres

Last updated : 04-Jun-2026

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Dosti Eastern Bay

Under Construction

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Dosti Eastern Bay

Favourite

2, 2.5, 3, 4 BHK, Apartments in Near SM Uphill Road, Wadala, Mumbai, ( Near Wadala Bridge Monorail Station )

location

Wadala, South Mumbai

2 BHK
741 - 785 Sq.ft
Price on Request
2.5 BHK
1042 Sq.ft
Price on Request
3 BHK
1162 - 1191 Sq.ft
₹ 4.83 - 4.95 Cr

TOP AMENITIES

  • Banquet Hall
  • Club house
  • Sports Courts
  • Kids Play Area
  • Swimming Pool
  • Jacuzzi
  • Fitness Corner
  • Gym
  • Party Lawn
  • Reflexology
  • Lift
  • Power Back Up
  • Water Harvest
  • Parking
  • Security System

Dosti Eastern Bay is located in the prime and ultra-connected address of New Wadala. The project is srategically located 10-15 minutes away from BKC and Fort.

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50 Storey in 4.7 Acres

50 Storey in 4.7 Acres

Last updated : 25-May-2026

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Dosti Heron

Under Construction

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Dosti Heron

Favourite

2 BHK, Apartments in Old Mumbai - Agra National Road, Balkum, Mumbai, ( Near Mumbai - Agra National Hwy )

location

Balkum, Thane

2 BHK
552 - 604 Sq.ft
₹ 80 - 1.01 Cr

TOP AMENITIES

  • Banquet Hall
  • Jogging Track
  • Sports Courts
  • Kids Play Area
  • Swimming Pool
  • Yoga Zone
  • Gym
  • Party Lawn
  • Amphitheater
  • Open Gym
  • Lift
  • Gas Pipeline
  • Power Back Up
  • Parking
  • Security System

Dosti Heron is located in the rapidly growing area of Thane, connecting Mumbai and the rest of India via Mumbai-Agra Highway, Thane-Bhiwandi Road and Bhiwandi Road Railway Station.

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3P + 32 Storey in 100 Acres

3P + 32 Storey in 100 Acres

Last updated : 22-May-2026

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Dosti Mezzo 22

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Dosti Mezzo 22

Favourite

2, 3 BHK, Apartments in Road Number 29, Sion, Mumbai, ( Near Sion Railway Station )

location

Sion, Central Mumbai

2 BHK
532 - 698 Sq.ft
₹ 2.54 - 3.33 Cr
3 BHK
938 - 967 Sq.ft
₹ 4.74 - 4.95 Cr

TOP AMENITIES

  • Club house
  • Jogging Track
  • Sports Courts
  • Kids Play Area
  • Swimming Pool
  • Yoga Zone
  • Fitness Corner
  • Gym
  • Lift
  • Gas Pipeline
  • Power Back Up
  • Water Harvest
  • Parking
  • Security System

Dosti Mezzo 22 is located at Sion Matunga Estate, one of the renowned locations of Sion with iconic neighbourhoods, including Five Gardens and Jio World Drive, in the landmark city of Mumbai.

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29 Storey in 1.27 Acres

29 Storey in 1.27 Acres

Last updated : 18-May-2026

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Dosti Golden Gate

Under Construction

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Dosti Golden Gate

Favourite

2, 3, 4 BHK, Apartments in Near SM Uphill Road, Wadala, Mumbai,

location

Wadala, South Mumbai

2 BHK
666 Sq.ft
₹ 2.24 Cr
3 BHK
1030 - 1100 Sq.ft
₹ 3.51 - 3.77 Cr
4 BHK
1500 Sq.ft
₹ 5.44 Cr

TOP AMENITIES

  • Cafeteria
  • Club house
  • Jogging Track
  • Sports Courts
  • Kids Play Area
  • Swimming Pool
  • Fitness Corner
  • Gym
  • Air Conditioned
  • Intercom
  • Lift
  • Gas Pipeline
  • Power Back Up
  • Parking
  • Security System

The Dosti Golden Gates is situated in a prime area of Wadala. It sits close to the Eastern Express Highway, the Monorail station, and Atal Setu, keeping the city well within reach.

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0.12 Acres

0.12 Acres

Last updated : 29-May-2026

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Dosti Wave

Under Construction

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Dosti Wave

Favourite

2, 3 BHK, Apartments in Near SM Uphill Road, Wadala, Mumbai, ( Near Wadala Bridge Monorail Station )

location

Wadala, South Mumbai

2 BHK
666 - 686 Sq.ft
₹ 2.04 Cr
3 BHK
965 Sq.ft
₹ 2.88 Cr

TOP AMENITIES

  • Banquet Hall
  • Cafeteria
  • Club house
  • Jogging Track
  • Sports Courts
  • Kids Play Area
  • Swimming Pool
  • Jacuzzi
  • Fitness Corner
  • Gym
  • Party Lawn
  • Reflexology
  • Intercom
  • Lift
  • Gas Pipeline
  • Power Back Up
  • Parking
  • Security System

Dosti Wave is a well connected project located in Wadala. It is ideally located near the Eastern Freeway and Eastern Express Highway, bringing BKC and South Mumbai business hubs just a stone s throw away.

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22 Storey in 0.10 Acres

22 Storey in 0.10 Acres

Last updated : 25-May-2026

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Dosti Belleza

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Dosti Belleza

Favourite

2, 3 BHK, Apartments in Near G D Ambekar Road, Parel, Mumbai,

location

Parel, South Mumbai

2 BHK
843 Sq.ft
₹ 2.1 Cr
3 BHK
1037 Sq.ft
₹ 2.59 Cr

TOP AMENITIES

  • Club house
  • Jogging Track
  • Kids Play Area
  • Gym
  • Party Lawn
  • Intercom
  • Lift
  • Gas Pipeline
  • Power Back Up
  • Water Harvest
  • Parking
  • Security System

Dosti Belleza is a high-end residential project in Parel. It is located close to the Eastern Freeway and major hospitals, schools, and business parks such as Kamala Mills and Peninsula Business Park.

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0.8 Acres

0.8 Acres

Last updated : 25-May-2026

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Dosti Infinia

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Dosti Infinia

Favourite

2, 3, 4 BHK, Apartments in Near SM Uphill Road, Wadala, Mumbai,

location

Wadala, South Mumbai

2 BHK
699 - 743 Sq.ft
₹ 2.31 - 2.45 Cr
3 BHK
1035 - 1111 Sq.ft
₹ 3.44 - 3.68 Cr
4 BHK
1526 Sq.ft
₹ 5.03 Cr

TOP AMENITIES

  • Banquet Hall
  • Club house
  • Sports Courts
  • Kids Play Area
  • Swimming Pool
  • Gym
  • Party Lawn
  • Reflexology
  • Air Conditioned
  • Intercom
  • Lift
  • Gas Pipeline
  • Power Back Up
  • Parking
  • Security System

Dosti Infinia is an upscale residential township in Wadala. It is well connected with the Eastern Freeway and important business destinations such as the BKC, which makes commuting to and from work convenient and swift.

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54 Storey in 4.7 Acres

54 Storey in 4.7 Acres

Last updated : 25-May-2026

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Dosti Passcode Stardeck

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Dosti Passcode Stardeck

Favourite

2 BHK, Apartments in Near SM Uphill Road, Wadala, Mumbai, ( Near Wadala Bridge Monorail Station )

location

Wadala, South Mumbai

2 BHK
766 Sq.ft
₹ 2.54 Cr

TOP AMENITIES

  • Banquet Hall
  • Club house
  • Jogging Track
  • Sports Courts
  • Kids Play Area
  • Swimming Pool
  • Jacuzzi
  • Yoga Zone
  • Fitness Corner
  • Gym
  • Party Lawn
  • Reflexology
  • Lift
  • Gas Pipeline
  • Power Back Up
  • Parking
  • Security System

Dosti Passcode Stardeck is situated at a perfect location in Wadala. It offers effortless connectivity in Mumbai and Navi Mumbai via Eastern Freeway, Atal Setu and Wadala Road Railway Station.

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44 Storey in 4.7 Acres

44 Storey in 4.7 Acres

Last updated : 25-May-2026

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Dosti West County

Under Construction

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Dosti West County

Favourite

2, 3 BHK, Apartments in Old Mumbai - Agra National Road, Balkum, Mumbai, ( Old Mumbai - Agra National Hwy )

location

Balkum, Thane

2 BHK
552 - 833 Sq.ft
₹ 1.1 - 1.76 Cr
3 BHK
949 - 1275 Sq.ft
₹ 2 - 2.68 Cr

TOP AMENITIES

  • Banquet Hall
  • Cafeteria
  • Club house
  • Conference Room
  • Jogging Track
  • Sports Courts
  • Kids Play Area
  • Swimming Pool
  • Yoga Zone
  • Gym
  • Party Lawn
  • Amphitheater
  • Mini-Theater
  • Library
  • Open Gym
  • Intercom
  • Lift
  • Gas Pipeline
  • Power Back Up
  • Water Harvest
  • Parking
  • Security System

Dosti West Country is located in the Balkum region of Thane, nestled just near the upcoming metro station. This locality is known for housing many top-rated multi-speciality medical facilities and massive residential developments.

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3P + 32 Storey in 100 Acres

3P + 32 Storey in 100 Acres

Last updated : 22-May-2026

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Dosti Tulip

Under Construction

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Dosti Tulip

Favourite

2, 3 BHK, Apartments in Old Mumbai - Agra National Road, Balkum, Mumbai,

location

Balkum, Thane

2 BHK
580 - 752 Sq.ft
₹ 97.5 - 1.29 Cr
3 BHK
923 Sq.ft
₹ 1.54 - 1.58 Cr

TOP AMENITIES

  • Banquet Hall
  • Club house
  • Conference Room
  • Jogging Track
  • Sports Courts
  • Kids Play Area
  • Swimming Pool
  • Gym
  • Party Lawn
  • Amphitheater
  • Mini-Theater
  • Library
  • Open Gym
  • Lift
  • Gas Pipeline
  • Power Back Up
  • Water Harvest
  • Parking
  • Security System

Located in the growing corridor of Balkum, Thane, Dosti Tulip shares excellent connectivity to Mumbai and Navi Mumbai via Ghodbunder Road and the Eastern Express Highway.

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30 Storey in 2.75 Acres

30 Storey in 2.75 Acres

Last updated : 22-May-2026

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Dosti Pine

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Dosti Pine

Favourite

2, 3 BHK, Apartments in Dhokali, Kolshet Road, Mumbai,

location

Kolshet Road, Thane

2 BHK
695 Sq.ft
₹ 1.33 Cr
3 BHK
1115 Sq.ft
₹ 2.19 Cr

TOP AMENITIES

  • Banquet Hall
  • Club house
  • Jogging Track
  • Sports Courts
  • Kids Play Area
  • Swimming Pool
  • Gym
  • Amphitheater
  • Lift
  • Gas Pipeline
  • Power Back Up
  • Parking
  • Security System

Dosti Pine is located in the peaceful surroundings of Kolshet Industrial Area of Thane, offering exceptional connectivity to key business hubs and the upcoming metro lines.

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1B + 1G + 1P + 30 Storey in 14 Acres

1B + 1G + 1P + 30 Storey in 14 Acres

Last updated : 22-May-2026

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Dosti Nest

Under Construction

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Dosti Nest

Favourite

1 BHK, Apartments in Old Mumbai - Agra National Road, Balkum, Mumbai,

location

Balkum, Thane

1 BHK
288 - 458 Sq.ft
Price on Request

TOP AMENITIES

  • Banquet Hall
  • Club house
  • Conference Room
  • Jogging Track
  • Sports Courts
  • Kids Play Area
  • Swimming Pool
  • Yoga Zone
  • Fitness Corner
  • Gym
  • Party Lawn
  • Amphitheater
  • Mini-Theater
  • Library
  • Open Gym
  • Lift
  • Gas Pipeline
  • Power Back Up
  • Parking
  • Security System

Located in the Balkum area of Thane, Dosti Nest has excellent connectivity that makes travelling to various parts of Mumbai and beyond easy through Ghodbunder Road and Thane Railway Station.

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32 Storey in 7 Acres

32 Storey in 7 Acres

Last updated : 22-May-2026

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Dosti Greater Thane

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Dosti Greater Thane

Favourite

1, 2 BHK, Apartments in Kalher, Bhiwandi, Mumbai,

location

Bhiwandi, Thane

1 BHK
319 - 385 Sq.ft
₹ 37.49 - 44.79 L
2 BHK
452 - 552 Sq.ft
₹ 53.89 - 65.39 L

TOP AMENITIES

  • Banquet Hall
  • Club house
  • Jogging Track
  • Sports Courts
  • Kids Play Area
  • Swimming Pool
  • Jacuzzi
  • Yoga Zone
  • Fitness Corner
  • Gym
  • Party Lawn
  • Amphitheater
  • Mini-Theater
  • Library
  • Open Gym
  • Reflexology
  • Intercom
  • Lift
  • Gas Pipeline
  • Power Back Up
  • Water Harvest
  • Parking
  • Security System

Dosti Greater Thane is located in the green natural surroundings of Bhiwandi, Thane. The address is the warehousing hub of several e-commerce platforms, including Amazon, Myntra, Rivigo, etc.

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G+29 Storey in 150 Acres

G+29 Storey in 150 Acres

Last updated : 22-May-2026

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The Exclusif Selection

Under Construction

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The Exclusif Selection

Favourite

2, 3 BHK, Apartments in Near SM Uphill Road, Wadala, Mumbai,

location

Wadala, South Mumbai

2 BHK
559 - 686 Sq.ft
₹ 1.59 - 1.95 Cr
3 BHK
965 - 1040 Sq.ft
₹ 2.72 - 2.96 Cr

TOP AMENITIES

  • Club house
  • Jogging Track
  • Sports Courts
  • Kids Play Area
  • Swimming Pool
  • Intercom
  • Lift
  • Gas Pipeline
  • Power Back Up
  • Water Harvest
  • Parking
  • Security System

The Exclusif Selection in Wadala East, Mumbai is developed across 22 is another elite creation from the Dosti Group. Their 2 and 3 bhk carry a delightful atmosphere with clear views enriching the livelihood here. Also, these flats are developing swiftly for its possession in September 2027. There's everything for everyone, Elderly Fitness Zone, Party / Multi-purpose Lawn, Lounge Deck, Reflexology Path, Banquet Hall with Outdoor Dining Deck, Sunning Lawn, etc, and many more upcoming. Plus, Wadala East lies on one of the Seven Islands of Bombay that were linked together to form the modern-day Mumbai. Many renowned educational institutes like Don Bosco High School, St. Joseph's High School, Dr. Ambedkar College of Commerce & Economics are situated near Wadala West. Lastly, the amenities here aim to make your leisure moments peaceful.

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22 Acres

22 Acres

Last updated : 14-May-2026

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Dosti Acers Shoppe Link

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Dosti Acers Shoppe Link

Favourite

Retail Shops in Antop Hill Road, Wadala, Mumbai,

location

Wadala, Central Mumbai

Retail Shop
Area on Request
Price on Request

TOP AMENITIES

  • Conference Room
  • Swimming Pool
  • Gym
  • Air Conditioned
  • Lift
  • Power Back Up
  • Parking
  • Security System
  • Workstations
  • Washroom

Shoppe Link in New Wadala, Central Mumbai offering office and retail spaces that close to prime residential areas as well as connected to various parts of the city. With this, the address has installed many amenities like an Ample Parking Space, Swift Elevators, Strolling Area, Pantry, Sanitation Management, and much more. Inclusively, the locale of New Wadala lies on one of the Seven Islands of Bombay that were linked together to form the modern-day Mumbai. Wadala receives electricity supplied by the BEST undertaking. The Voice of Wadala is the neighborhood newsletter, which is in print since 1988. One of the concerns of Wadala is that it does not have any malls or supermarkets. Many renowned educational institutes like Don Bosco High School, St. Joseph's High School, etc. Hence, Shoppe Link in New Wadala, Central Mumbai promises to promote sustainability of an employee s well-being and collaboration.

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6 Storey in 0.43 Acres

6 Storey in 0.43 Acres

Last updated : 12-May-2026

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Dosti 604

Under Construction

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Dosti 604

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2, 3 BHK, Apartments in Road No 22, Wagle Estate, Mumbai, ( LBS Marg )

location

Wagle Estate, Thane

2 BHK
700 Sq.ft
₹ 1.6 Cr
3 BHK
975 Sq.ft
₹ 2.3 Cr

TOP AMENITIES

  • Banquet Hall
  • Club house
  • Jogging Track
  • Sports Courts
  • Kids Play Area
  • Swimming Pool
  • Gym
  • Amphitheater
  • Lift
  • Gas Pipeline
  • Power Back Up
  • Parking
  • Security System

Nestled in the upscale green surroundings of Panch Pakhadi, Thane West, the address is situated in proximity to the Eastern Express Highway and the upcoming Nitin Company Metro Station. Other expressway and railway stations nearby include Ghodbunder Road, LBS Marg, Thane Railway Station, Kalwa Railway Station, and the upcoming Kapurbwadi Metro Station. The Chhatrapati Shivaji Maharaj International Airport is 40 minutes away from this location.The well-known social infrastructure includes Rainbow International School, Orchids International School, Indo Scots Global School, Jupiter Hospital, Aayush Multispecialty, Horizon Hospital, Thaneone Business IT Park, Ashar IT Park, Centrum Business Square, Korum Mall, Lake Shore Mall, and Wellness Forever. Nearby recreational zones include Tikuji-Ni-Wadi, Suraj Water Park, ISKCON Temple, Yeoor Hills, Upvan Lake, etc.

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3B+7P+48 Storey in 2.39 Acres

3B+7P+48 Storey in 2.39 Acres

Last updated : 11-Jun-2026

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One Dosti

Under Construction

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One Dosti

Favourite

Retail Shops, Offices in Old Mumbai - Agra National Road, Balkum, Mumbai,

location

Balkum, Thane

Commercial Office
550 Sq.ft
₹ 1.1 Cr
Commercial Office
1200 Sq.ft
₹ 2.4 Cr
Commercial Office
1700 Sq.ft
₹ 3.4 Cr
Commercial Office
2100 Sq.ft
₹ 4.2 Cr
Retail Shop
1350 Sq.ft
Price on Request
Retail Shop
6000 Sq.ft
Price on Request

TOP AMENITIES

  • Conference Room
  • Air Conditioned
  • Intercom
  • Internet / WiFi
  • Lift
  • Power Back Up
  • Parking
  • Security System
  • Office Cabins
  • Workstations
  • Pantry Area
  • Washroom

One Dosti is located in a developing residential hub of the Balkum area of Thane. The locality is surrounded by Upvan Lake, Yeoor Hill and Vasai Creek. The area is eminent for numerous social assets and exceptional connectivity.

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B+G+3P+A+17 Storey in 1.8 Acres

B+G+3P+A+17 Storey in 1.8 Acres

Last updated : 04-Jun-2026

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Dosti Eden

Under Construction

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Dosti Eden

Favourite

2, 3 BHK, Apartments in Bramhand, Ghodbunder Road, Mumbai,

location

Ghodbunder Road, Thane

2 BHK
650 Sq.ft
₹ 1.2 Cr
3 BHK
Area on Request
Price on Request

TOP AMENITIES

  • Banquet Hall
  • Club house
  • Sports Courts
  • Kids Play Area
  • Swimming Pool
  • Jacuzzi
  • Fitness Corner
  • Gym
  • Party Lawn
  • Amphitheater
  • Open Gym
  • Reflexology
  • Intercom
  • Lift
  • Gas Pipeline
  • Power Back Up
  • Water Harvest
  • Parking
  • Security System

Dosti Eden is located in a peaceful location of Brahmand, in Thane, and offers accessibility to various spots in Mumbai through the Eastern Express Highway and the Thane Railway Station.

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2B+4P+32 Storey in 1.46 Acres

2B+4P+32 Storey in 1.46 Acres

Last updated : 22-May-2026

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Dosti Presidio

Under Construction

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Dosti Presidio

Favourite

1, 2, 3 BHK, Apartments in MIDC Industrial Area, Nerul, Mumbai, ( Opposite to Dr D.Y.Patil Stadium )

location

Nerul, Navi Mumbai

1 BHK
Area on Request
Price on Request
2 BHK
Area on Request
Price on Request
3 BHK
Area on Request
Price on Request

TOP AMENITIES

  • Banquet Hall
  • Club house
  • Jogging Track
  • Sports Courts
  • Kids Play Area
  • Swimming Pool
  • Gym
  • Party Lawn
  • Lift
  • Power Back Up
  • Parking
  • Security System

Dosti Presidio is located at the MIDC Industrial Area close to the iconic D.Y. Patil Stadium and Nexus Mall in the prime locality of Nerul in Navi Mumbai City.

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Last updated : 20-May-2026

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Dosti Realty Track Record

1980
Foundation of Dosti Realty
2002
Transformed Wadala (Antop Hill) as a destination (Dosti Acres - New Wadala)
2005
Introduced the society clubhouse culture (Dosti Acres - New Wadala)
2005
Developed a theme-based project (Dosti Flamingos - Parel - Sewri)
2011
Became one of the first few real estate developers who imported Aluminum shuttering formwork technology
2016
Dosti Realty delivered Dosti Ambrosia in New Wadala
2016
Dosti Realty built Dosti Foundation School
2017
Delivered Phase 1 of an elevated lifestyle which is to provide homes to 1100+ residents

Awards And Recognition for Dosti Realty

2005
The Best Maintained Landscaped Garden by the Municipal Corporation of Mumbai
2008
The Best Maintained Podium Garden by the Mumbai Municipal Corporation (for 3 consecutive years)
2013
The Concrete Award for Space Planning in big Residential Projects by Reify Artisans & Projects Pvt. Ltd.
2014
Ranked Mumbai’s Top Developer and the Best in Indian Real Estate for on-time delivery and possession by NDTV
2015
Best Residential Project of the year by Construction Times
2016
Awarded Iconic Residential Project - South Mumbai at the Mid Day Real Estate Icons Awards
2017
Times Realty Icon - Ultra Luxury Homes (Thane & Beyond)
2018
Dosti West County Iconic Residential Project Thane - Mid-Day Real Estate Icons 2018
2019
Dosti West County Iconic Planned Project Central Mumbai 2019- Mid-day Real Estate Icons 2019
2020
Iconic Luxury Homes South Mumbai - Mid-day Real Estate Icons Awards

FAQs Dosti Realty

Which are the Luxurious Projects by Dosti Realty?
Two luxurious projects by Dosti Realty are - Dosti Belleza in Parel and Dosti Eastern Bay in Wadala
Which are the best Dosti Realty township projects In Mumbai?
Dosti West County in Thane is the best township project in Mumbai by Dosti Realty.
Which Dosti Realty projects are currently for sale?
A few Dosti Realty projects on sale are - Dosti Eastern Bay and The Exclusif Selection in Wadala, Dosti Pine and Dosti Tulip in Thane, Dosti Oro 67 in Kandivali, and Dosti Belleza in Parel.
What is the speciality of Dosti Realty?
Dosti Realty develops luxurious properties at attractive pricing, thus catering to all types of homeowners looking for budget as well as elite homes.
When was Dosti Realty Founded?
Dosti Realty was founded in 1980.