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Kesar India acquires 4 acres land in Nagpur

21 Mar 2026 Evaluate

Kesar India through its subsidiary -- YK Infraproject has acquired a plot admeasuring around 1.62 hectares (4 acres) at MIHAN-SEZ area located in Nagpur on March 20, 2026, marking a significant milestone in the Company’s growth and expansion plans.

With this transaction, the company has consolidated a strategically located land bank of around 4 acres in the MIHAN-SEZ, Nagpur. The consolidated land parcel has an estimated Gross Development Value (GDV) potential of around Rs 600 crore, subject to approvals and market conditions.

This acquisition aligns with the company’s vision to develop a premium mixed-use project comprising state-of-the-art commercial showrooms, modern inn-style residences, and exclusive luxury villas. The development is aimed at catering to the evolving needs of businesses, travelers, and high-end residential buyers.

Kesar India is engaged in the business of developing and constructing of projects such as residential & commercial plotting, residential, commercial and industrial buildings, colonies, mills and factory's buildings, workshop's building, etc.

Peers
Company Name CMP
Lodha Developers 1104.75
Prestige EstatesProj 1494.10
Dilip Buildcon 398.95
DLF 662.60
Oberoi Realty 1775.00
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