Deals9 Dec 2025, 06:34 pm
B-Right Realestate Ventures LLP Signs Term Sheet with BS Lifespaces Infra LLP for CTS No. 2252 to 2254 Redevelopment
AI Summary
B-Right Realestate Ventures LLP, a subsidiary of B-Right Realestate Ltd, has entered into a term sheet with BS Lifespaces Infra LLP for the re-development of CTS No. 2252 to 2254, a private owned society plot located at Kirol, Ghatkopar, LBS Marg, Ghatkopar (West), Mumbai. The project land, with a total area of 1,249.20 Sq. Mtr., is expected to yield approximately 59,526.45 Sq. Ft. of total saleable area, with an estimated Gross Development Value (GDV) of Rs. 171.63 Crores. This commercial building project is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- B-Right Realestate Ventures LLP, a subsidiary of B-Right Realestate Ltd, has signed a term sheet with BS Lifespaces Infra LLP.
- The project is for the re-development of CTS No. 2252 to 2254, a private owned society plot in Ghatkopar, Mumbai.
- The project land has a total area of 1,249.20 Sq. Mtr. and is expected to yield approximately 59,526.45 Sq. Ft. of total saleable area.
- The estimated Gross Development Value (GDV) of the project is Rs. 171.63 Crores.
- The project involves the construction of a commercial building.