
Joint Venture5 Feb 2026, 06:02 pm
B-Right Realestate Ltd Enters Joint Venture with Ayyappa Developers for Luxury Project with GDV of Rs. 70 Crores
AI Summary
B-Right Realestate Limited has entered into a Joint Venture Agreement with Ayyappa Developer Private Limited (Shreenathji Group) for the development of the Celestial Heights Phase II project. The project, located at S.V. Road, Malad (West) of Village Malad, Taluka Borivali, is expected to yield a Gross Development Value (GDV) of Rs. 70 Crores. This luxury project features 4 BHK and 5 BHK flats and is strategically located near the Jain Temple and Malad Railway Station.
Key Highlights
- B-Right Realestate Ltd and Ayyappa Developers Private Limited (Shreenathji Group) have formed a joint venture for the Celestial Heights Phase II project.
- The project is located at S.V. Road, Malad (West) of Village Malad, Taluka Borivali and is expected to yield a GDV of Rs. 70 Crores.
- The luxury project comprises 4 BHK and 5 BHK flats.
- The project site is conveniently located near the Jain Temple and Malad Railway Station.