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Maharashtra Corporation acquires plots totaling 2140 sq yards for Rs 45.16 crore

26 Feb 2024 Evaluate

Maharashtra Corporation has acquired plots totaling 2140 sq yards at the consideration of about Rs 45.16 crore. Post development of the project, the company is eyeing a revenue of about Rs 120 crore from the sale of the project.

Also, the company has successfully completed the full payments towards the plots of land situated at Naranpura, Ahmedabad, earmarked for its commercial project. The forthcoming project enjoys a prime commercial location in the city, boasting a direct overlook of a 120-foot-wide road, and a short distance from the Sardar Vallabhai Patel Stadium in Ahmedabad. 

The company’s plans for development encompass around 120,000 square feet of built-up area, designed to accommodate a diverse range of commercial spaces including showrooms, offices, and multi-use facilities on the current plot. The proposed development will cater to various needs such as showrooms, hospitals, clinics, professional office spaces, and lifestyle establishments, aligning with the evolving demands of the market.

Maharashtra Corporation is engaged in the business of trading in agricultural products. The company has also commenced additional activities like Import and Export of handicraft item and other goods.  


Maharashtra Corpn. Share Price

0.39 0.00 (0.00%)
17-Apr-2026 09:42 View Price Chart
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