Kesar India's Nagpur Expansion: 7,500 sq mt Land Acquisition Fuels Growth

Kesar India Ltd has made a strategic move by acquiring 7,500 sq mt of land in Nagpur, significantly expanding its real estate portfolio. This acquisition follows the company's recent purchase of 2,740.11 sq mt in the same city, demonstrating its commitment to the Nagpur market. The new land is expected to be developed into a mixed-use project, potentially generating substantial revenue. With a total land reserve now exceeding 123.70 lakh sq ft, Kesar India is positioning itself as a major player in Central India's real estate sector. This expansion aligns with Nagpur's growing appeal as an investment destination, driven by infrastructure developments and economic growth.
Sources: SharesBazaar, Business Standard, 99acres