Browsing Tag

micro-market growth

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Ajmera Realty secures a redevelopment project in Andheri West, Mumbai, targeting ₹320 crore in revenue

Ajmera Realty Secures Redevelopment Project in Andheri West, Targets ₹320 Crore Revenue

Ajmera Realty has been appointed to redevelop the Ascot Co-operative Housing Society in Andheri West, Mumbai. The project, spanning 2,319 sq. mt., is expected to generate ₹320 crore in revenue and add 71,300 sq. ft. of carpet area. This redevelopment aligns with the company’s focus on strategic asset-light acquisitions and strengthening its presence in Mumbai’s micro-markets.
India's real estate sector witnessed record land acquisitions worth ₹39,742 crore in 2024

TVS Emerald Expands Presence with 10-Acre Land Acquisition in Bengaluru

TVS Emerald has acquired a 10-acre land parcel in Sathnur, Bengaluru, with a development potential of 1.4 million sq ft and an estimated revenue of ₹1600 crore. This marks the company’s fourth land acquisition in FY 2024-25, bringing its total revenue potential from land deals to ₹5300 crore.