MoU7 Oct 2025, 06:14 pm
B-Right Realestate Ltd's Step Down Subsidiary, Parth Construction, Signs MOU for FSI/PTC Sales with Birch Real Estate
AI Summary
B-Right Realestate Ltd's step down subsidiary, Parth Construction, a partnership firm, has entered into a Memorandum of Understanding ('MOU') with M/s. Birch Real Estate Private Limited (Embassy Group Company) for the sale of FSI/PTC. The MOU is subject to due diligence and other conditions, with an exclusivity period of 2 months. The transaction involves the sale of FSI/PTC of 7134.85 sq meters for a total consideration of Rs. 117,72,50,250/- (Rupees One Hundred Seventeen Crores Seventy-Two Lacs Fifty Thousand Two Hundred and Fifty Only).
Key Highlights
- B-Right Realestate Ltd's step down subsidiary, Parth Construction, signs MOU with Birch Real Estate
- The MOU is for the sale of FSI/PTC of 7134.85 sq meters
- The total consideration for the sale is Rs. 117,72,50,250/-
- The transaction is subject to due diligence and other conditions
- The exclusivity period for the MOU is 2 months