Pursuant to Regulation 30 of SEBI LODR, Ajmera Realty & Infra India has informed that the company (ARIIL) has been selected as the developer to redevelop the Balkrishan Co-operative Housing Society (‘the Society’) at Versova, Mumbai following the necessary regulatory processes and a Letter of Intent has been issued by the society to that effect. The company has attached the press release, ‘Ajmera Realty bags residential redevelopment project in Versova, Mumbai; targets sale value of ~INR 360 crores’ from the company in this regard.
The above information is a part of company’s filings submitted to BSE.