Riyaasat Lifestyle Acquires Mumbai Property for ₹15.5 Cr

Riyaasat Lifestyle Limited has successfully acquired an immovable property located at Santacruz (West), Mumbai, for a total sale consideration of ₹15,50,00,000 (₹15.50 Crore). The acquisition was made through an e-auction conducted by Religare Finvest Limited, acting as the secured creditor under the SARFAESI Act, 2002. Riyaasat Lifestyle was declared the successful bidder, and the Sale Certificate was issued on September 22, 2026. This property acquisition is intended for the expansion of the company's existing business operations. The transaction is confirmed to be not a related party transaction, with no interest from the promoter or promoter group.