StockWatch
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Residential- Commercial Projects
MoU13 Aug 2026, 03:24 pm

B-Right Realestate Ltd Subsidiary Signs Project Development MoU

AI Summary

B-Right Bombay Highlines Developers Private Limited, a step-down subsidiary of B-Right Realestate Ltd, has entered into a Memorandum of Understanding (MoU) for the development of the Bhagat Singh Nagar SRA project. The project is located in Village Pahadi, Taluka Borivali, on a land parcel of 10,008 Sq. Mtr. The development is expected to yield approximately 5 Lakh Sq. Ft. of total sales area, with an anticipated Gross Development Value (GDV) of ₹1600 Crores. This MoU signifies a potential significant development for the company's real estate portfolio.

Key Highlights

  • Subsidiary signs MoU for SRA project development.
  • Project site area is 10,008 Sq. Mtr.
  • Expected sales area of 5 Lakh Sq. Ft.
  • Anticipated Gross Development Value (GDV) of ₹1600 Crores.