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Bharat Agri Fert & Realty Ltd - Updates on the latest development of the company's two divisions



Posted On : 2024-07-16 14:41:52( TIMEZONE : IST )

Bharat Agri Fert & Realty Ltd - Updates on the latest development of the company's two divisions

Bharat Agri Fert & Realty Ltd has launched its iconic high rise prestigious tower namely Wembely-24 (G+60 Floor) tallest in Majiwada thane to offer 457 BHK Residential Flats of 2/3 BHK. The total realisations from the Majiwada Project, comprising 457 flats, will be approximately Rs.800 Crore in the next 4 years on a pro-rata basis out of which cost of Project will be approximately Rs.300 Crore since the land is owned by company.

Even before officially launching the project, firm confirmations for pre-booking of 25 flats have been received. On the day of launch, the company has received tremendous enquiry with intention to buy approximately 150 units.

The enthusiastic response from customers, on the official launch, underscores the demand for quality housing in the market. We anticipate further momentum in bookings, setting the stage for strong revenues and profitability in the quarters ahead. These developments reflect our commitment to delivering value to our stakeholders while maintaining financial prudence and operational excellence. We remain focused on executing our strategic initiatives and maximizing shareholder returns in the long term.

Source : Equity Bulls

Keywords

BharatAgriFertandRealty Wembley24 HighRiseTower Majiwada Thane