The transaction involves the sale of 176 units admeasuring 8,800.74 square meters for a total consideration of ₹143,45,20,620 (Rupees One Hundred Forty-Three Crores Forty-Five Lacs Twenty Thousand Six Hundred and Twenty Only).
Project Details
The transaction relates to the Ambika Nagar project, a landmark SRA redevelopment project in Jogeshwari East, Mumbai. The project spans over 10,223 square meters and is strategically located within 500 meters of the Western Express Highway. It offers well-planned affordable housing units (PTC) and is expected to be completed by March 2028.
To date, the project has achieved pre-sales of approximately ₹506.73 crore. Phase 1 of the project is completely sold out, reflecting strong market acceptance.
Company Background
B-Right Realestate Limited is a Mumbai-based listed social real estate development company focused on redevelopment, SRA, and urban transformation projects. The company has established a growing presence across key Mumbai micro-markets.