Joint Venture1 Apr 2025, 01:18 am
Ajmera Realty & Infra India Ltd Announces Joint Development Agreement for Luxury Villa Project in Bengaluru
AI Summary
Ajmera Realty & Infra India Ltd (ARIIL) has announced that its associate entity, Ajmera Housing Corporation, Bangalore, has entered into a Joint Development Agreement (JDA) with a landowner for a luxury villa project in Yelahanka Taluk, Bengaluru. The project spans approximately 1.5 acres and has an estimated gross development value (GDV) of INR 63 crore. The total carpet area of the project is 67,813 sq. ft.
Key Highlights
- Ajmera Realty & Infra India Ltd's associate entity, Ajmera Housing Corporation, Bangalore, has entered into a Joint Development Agreement (JDA)
- The project is a luxury villa project located in Yelahanka Taluk, Bengaluru
- The project spans approximately 1.5 acres
- The estimated GDV of the project is INR 63 crore
- The total carpet area of the project is 67,813 sq. ft