Ajmera Realty acquires land parcel in Ghatkopar
Real estate firm Ajmera Realty & Infra India (ARIIL) has acquired a land parcel in Ghatkopar East, Mumbai. The land spread over 1,341.1 mtr.sq has been acquired through a competitive bidding process with KJ Somaiya Trust for Rs 51 crores.
The firm plans to develop a project on the land that is expected to yield a carpet area of 44,000 sq-ft, with an estimated GDV (Gross Development Value) of Rs 175 crores.
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