Shekhawati Industries Acquires Karjat Land for Expansion

The company has acquired an additional parcel of land situated in Karjat, Maharashtra
The acquisition is for the expansion of the company's business
The location is specifically in the Karjat growth corridor within Maharashtra state

The acquisition strategically strengthens the company's presence in the rapidly emerging Karjat growth corridor
Karjat is increasingly being recognized as a key part of the "Mumbai 3.0" development vision
The region is witnessing significant infrastructure-led transformation driven by enhanced regional connectivity
Key infrastructure developments include: upcoming Panvel–Karjat suburban railway corridor, proximity to Navi Mumbai International Airport, improved access through major road and rail infrastructure projects across Mumbai Metropolitan Region (MMR)

Karjat is located approximately within a two-hour travel radius from Mumbai and Pune
The region is expected to benefit substantially from expansion of connectivity between Mumbai, Navi Mumbai, Ulhasnagar, Panvel, and Karjat
Karjat is positioned as a future residential, wellness, tourism, and second-home hub within the extended MMR ecosystem
The area is attracting long-term real estate and infrastructure investment due to: natural landscape, improving accessibility, strong development potential

The acquisition aligns with the company's long-term vision to develop high-quality, future-ready real estate projects
The company aims to maintain exclusivity, sustainability, and premium standards associated with Shekhawati Projects

Financial impact not quantified in the disclosure. No specific acquisition cost, size of land parcel, or funding details provided.