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Ajmera Realty to launch ‘Ajmera Lugaano’ in Bengaluru

07 Jun 2018 Evaluate

Ajmera Realty & Infra India has entered into Joint Development at Bengaluru, through its wholly owned subsidiary for developing 11 acres of land which has a potential to develop 7 lakh sq.ft ,which may generate revenue of around Rs 350 crore.

The project has received all in-principle approvals and shall be launched by end of this quarter. It will take 3 to 4 years of time span for completion and will cater to Mid-Segment housing residences. This project is located at Yehlanka, North Bengaluru, with name, Ajmera Lugaano, witnessing 1,2,3 BHK Lake view homes, which is surrounded by 105 acres of Lake and 4 acres of Green stretch and well connected to all important avenues of convenience.

Ajmera Realty is primarily engaged in real estate development. Its real estate business caters to the mid and hi-end housing segments.


Peers
Company Name CMP
Lodha Developers 1165.65
Prestige EstatesProj 1490.00
Dilip Buildcon 414.05
DLF 678.50
Oberoi Realty 1868.00
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