Grovy India Limited has made a voluntary disclosure regarding the acquisition of a new premium luxury residential project located at Defence Colony, New Delhi. The company specifically notes that this disclosure does not qualify as "Material Information" and is being made voluntarily.
The acquisition represents a strategic move to reinforce the company's presence in one of South Delhi's most prestigious and highly sought-after residential neighborhoods. The project is aligned with Grovy India Limited's vision of creating high-quality, premium residential spaces that reflect modern design, luxury living, and refined urban aesthetics.
Project Details:
- Project Type: Premium Luxury Residential Development
- Estimated Area: Approximately 15,000 square feet
The development is expected to further strengthen Grovy India Limited's project portfolio and contribute positively to its long-term growth and positioning within the premium real estate segment. Financial impact of the acquisition was not quantified in the disclosure.
The disclosure was signed by Simran Rajput, Company Secretary & Compliance Officer (Membership number: A77691), and was submitted to BSE Limited on May 27, 2026. The information is also available on the company's website at www.grovyindia.com.