Image Source: The Economic Times
Kesar India Limited has consolidated a 22.487-acre land parcel in Mouza Sumthana, Hingna, Nagpur, through its latest acquisition of 5.10 hectares on January 23, 2026. Strategically located near MIHAN and Samruddhi Mahamarg, the land bank is expected to generate Rs. 200 crore revenue potential, enhancing future development opportunities.
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Kesar India Limited, a listed real estate development company, has announced the acquisition of a contiguous land parcel measuring 9.10 hectares (22.487 acres) in Mouza Sumthana, Hingna, Nagpur. This strategic move significantly strengthens the company’s development pipeline in one of the city’s fastest-growing corridors.
Key highlights of the acquisition:
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The latest purchase of 5.10 hectares at Survey/Khasra No. 128/2 was completed on January 23, 2026, adjoining land acquired earlier in December 2025.
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The consolidated land bank is strategically positioned near MIHAN (Multi-modal International Cargo Hub and Airport at Nagpur) and benefits from connectivity via the Samruddhi Mahamarg (Nagpur–Mumbai Expressway).
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The location is bolstered by the presence of leading developers such as DMart, Godrej Properties, Kalpataru, and Lodha Group, enhancing its residential and mixed-use potential.
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The consolidated parcel is projected to generate approximately Rs. 200 crore in revenue, subject to statutory approvals and market conditions.
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This acquisition aligns with Kesar India’s strategy of early-stage land banking in high-growth micro-markets, ensuring cost efficiency, project continuity, and long-term shareholder value.
Sources: Bombay Stock Exchange (BSE) filing, Company Announcement
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