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Ajmera Realty & Infra India Ltd ( (IN:AJMERA) ) just unveiled an announcement.
Ajmera Realty & Infra India Limited has announced its appointment as the developer for the redevelopment of Ascot Co-operative Housing Society in Shastri Nagar, Andheri West, Mumbai. This project is expected to generate sales revenue of INR 320 crores and aligns with the company’s strategy to expand through asset-light acquisitions and redevelopment projects. The development will reinforce Ajmera Realty’s presence in Mumbai’s micro-markets, offering modern urban living with access to various amenities and connectivity, furthering its commitment to revitalizing high-potential areas.
More about Ajmera Realty & Infra India Ltd
Ajmera Realty & Infra India Limited is a prominent real estate company operating in Mumbai and Bengaluru. The company focuses on developing residential and commercial properties, with a strategic emphasis on asset-light acquisitions and redevelopment projects to enhance its portfolio and strengthen its market presence.
YTD Price Performance: -30.64%
Average Trading Volume: 6,514
Current Market Cap: 30.87B INR
See more insights into AJMERA stock on TipRanks’ Stock Analysis page.