Anant Raj Modifies Gurugram Residential Project Agreement

Anant Raj Limited executed a supplementary agreement with Destination Properties Private Limited modifying their existing collaboration for a residential group housing project.
The project involves a 5.0875-acre land parcel in Gurugram, with Destination Properties contributing 2.25 acres and receiving 17.69% of total project revenue.
Key modifications include shifting from a developed area share to a revenue-sharing model and Destination Properties reimbursing TDR costs incurred by Anant Raj.
The agreement is not a related party transaction and is subject to regulatory approvals including RERA registration.