Kesar India Ltd has purchased a 22.487-acre land parcel near Samruddhi Mahamarg, Maharashtra. The company expects the property to generate approximately ₹2 billion in revenue. This strategic acquisition highlights Kesar India’s focus on leveraging infrastructure-led growth opportunities and strengthening its portfolio in real estate and allied development projects.
Kesar India Ltd has announced the acquisition of a 22.487-acre land parcel strategically located near Samruddhi Mahamarg, one of Maharashtra’s key infrastructure corridors. The company projects that the property will generate around ₹2 billion in revenue, underscoring its confidence in the region’s growth potential.
The move reflects Kesar India’s proactive approach to capitalizing on infrastructure-driven development, with Samruddhi Mahamarg expected to boost connectivity and economic activity across the state.
Key Highlights:
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Land Acquisition: 22.487 acres purchased near Samruddhi Mahamarg.
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Revenue Potential: Estimated at ₹2 billion from the parcel.
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Strategic Location: Proximity to a major expressway enhances development prospects.
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Growth Focus: Strengthening real estate and allied business portfolio.
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Market Context: Infrastructure-led expansion driving demand for land and development projects.
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Outlook: Positioned to leverage connectivity and rising regional economic activity.
This acquisition reinforces Kesar India’s long-term growth strategy, aligning with infrastructure opportunities and creating value for shareholders.
Sources: Company filing (Kesar India Ltd), Reuters, Business Standard