Bhagyanagar Properties inks pact to sell of open land situated at Hyderabad

Bhagyanagar Properties Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 540621 | NSE: BHAGYAPROP

23 Jan 2019 Evaluate

Bhagyanagar Properties has entered into agreement of sale in favour of Sai Surya Developers for sale of 4434 sq.yards (around 1 Acre) of open land out of total 15.36 Acres of land situated at Vattinagulapally Village, Gandipet Mandai in Hyderabad at a price of at Rs 12,000 per sq.yrd.

Further, the company has received total amount of Rs 5.32 crore towards sale consideration and sale deed will be executed shortly.

Bhagyanagar Properties is a wholly owned subsidiary of Bhagyanagar India. It is in the business of purchasing land parcels and then developing them.

Peers

Company Name	CMP
Lodha Developers	1162.00
Prestige EstatesProj	1473.00
Dilip Buildcon	412.40
DLF	680.50
Oberoi Realty	1850.05
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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