In the early 1980s, Goenka started his real estate empire with Conwood Constructions and launched projects at Gokuldham and Yashodham in Goregaon, Mahavir Nagar in Kandivli and Vasant Vihar in Thane.

[7] By 2006, he partnered with Shahid Balwa, another Mumbai-based realtor in a 50:50 collaboration to develop Le Méridien Mumbai (now Hilton International Airport Hotel).

[8][9] Goenka, known for cluster development in Mumbai and its suburbs, focuses on redeveloping aging buildings and converting them into affordable housing while adhering to sustainable urban growth and town planning goals.

[10] In 2020, the Government of Maharashtra established a steering committee comprising cabinet ministers, senior officials, and industry leaders, including developers like Goenka to address real estate challenges and support initiatives like these.

[11] As of January 2025, Goenka is involved in redevelopment projects in and around Mumbai, including slums, cooperative societies, and Maharashtra Housing and Area Development Authority-owned properties.