Kesar India Ltd Acquires 22.487 Acres Land Parcel in Nagpur's Hingna-MIHAN Growth Corridor

Kesar India Limited, a listed real estate development company, has acquired a total land parcel of approximately 22.487 acres (9.10 hectares) at Mouza Sumthana Tehsil Hingna, District Nagpur, Maharashtra. The acquisition includes 5.10 hectares (12.60 acres) at Survey/Khasra No. 128/2, completed on January 23, 2026, which is contiguous to the land acquired earlier on December 29, 2025. The consolidated land parcel is strategically located near MIHAN and benefits from excellent connectivity due to its proximity to the Samruddhi Mahamarg. The location is further strengthened by the presence of established and upcoming developments by reputed national players. The consolidated land parcel is expected to generate an estimated revenue potential of approximately Rs. 200 crore, subject to statutory approvals, development plans, and prevailing market conditions. This acquisition aligns with Kesar India Limited’s strategy of early-stage land banking in high-growth micro-markets.