Bharat Agri Fert & Realty Limited receives approval for construction project

Bharat Agri Fert & Realty Limited has received the Sanction of Development from Thane Municipal Corporation for the construction project "Shiv Sai Paradise, Phase 11, Majiwada for G tower - Basement + Ground + 1st to 6th Parking Floor + 7th to 31st Floor of 2/3 BHK homes.

The Company plans to buy more FSI by paying TOR, as the final project has a total of 58 floors. It has got approval of total 31 floors. The land has already been purchased and the company had gradually started working on the same project.

The Company management expects additional net revenue of Rs.700-800 crore (approx) over a period of 5 years.

Source : Equity Bulls

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BharatAgriFertandRealty Sanction Development ConstructionProject