BHARAT AGRI FERT & REALTY LTD. Launches Tallest High Rise Tower in Majiwada, Thane with 457 BHK Residential Flats
BHARAT AGRI FERT & REALTY LTD. has launched its iconic high rise prestigious tower named Wembely-24, which is G+60 floor tallest in Majiwada, Thane. The project offers 457 BHK residential flats of 2/3 BHK. The total realisations from the Majiwada Project are expected to be approximately Rs.800 Crore in the next 4 years, while the cost of the project is estimated to be around Rs.300 Crore. The company has already received firm confirmations for pre-booking of 25 flats and witnessed an enthusiastic response from customers on the day of launch with approximately 150 units of intention to buy. This strong demand indicates the potential for robust revenues and profitability in the coming quarters, aligning with the company's commitment to delivering value to stakeholders and maximizing shareholder returns in the long term.
Key Highlights
- BHARAT AGRI FERT & REALTY LTD. launches Wembely-24, the tallest G+60 floor high rise tower in Majiwada, Thane.
- The project comprises 457 BHK residential flats of 2/3 BHK with an estimated total realisation of Rs.800 Crore over the next 4 years.
- Despite the land being owned by the company, the cost of the project is approximately Rs.300 Crore.
- On the day of launch, the company received confirmations for pre-booking of 25 flats and an intention to buy approximately 150 units, showcasing strong demand.
- The positive response from customers underscores the potential for strong revenues and profitability in the near future.