Ajmera Realty acquires 1.2 acre land parcel in Vikhroli
Real estate developer Ajmera Realty & Infra India has acquired an over 1.2-acre land parcel in Mumbai's central suburb of Vikhroli from Tata Communications. The land is acquired through a bidding process for a total consideration of Rs 76 crores. The land parcel is acquired through the firm's wholly-owned subsidiary Shree Yogi Realcon.
The company is planning to develop a residential project on the said land parcel and the same is estimated to provide a gross sales value of Rs 550 crores.