Ajmera Realty & Infra India is planning to launch six projects during the FY23 and FY24 itself, which has a revenue potential of Rs 4,000 crore. The company has estimated to clock in sales worth Rs 5,000 crore in the next 3-5 years from its future launches as well as its existing projects. The funding for all these new projects to launch will be via a mix of internal accruals, bank funding and sales advances.
Ajmera Realty & Infra India is primarily engaged in real estate development. Its real estate business caters to the mid and hi-end housing segments. It also operates in the hospitality and entertainment, which includes dome theatres, retail and malls, etc.