
Business Update30 Oct 2026, 04:06 pm
Shekhawati Industries Signs Development Agreement for Karjat Project
AI Summary
Shekhawati Industries Limited has entered into a Development Agreement for a residential and commercial project in Mudre Khurd, Karjat, Maharashtra. The project will span approximately 2,00,000 sq. ft. and is expected to include around 200 residential apartments along with commercial spaces. This initiative aligns with the growth opportunities in the Karjat region, positioning it as an attractive destination for homebuyers. The company views this as a strategic step in its expansion into real estate development, anticipating it will contribute to long-term business growth.
Key Highlights
- Development Agreement signed for residential and commercial project.
- Project located in Mudre Khurd, Karjat, Maharashtra.
- Estimated development area of 2,00,000 sq. ft.
- Includes approximately 200 residential apartments and commercial spaces.
- Marks expansion into real estate development for long-term growth.
Price Impact
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