Shradha Realty Subsidiary to Acquire Nagpur Property for 178.6 Mln

NAGPUR — Real estate developer Shradha Realty Limited (formerly Shradha Infraprojects Limited) announced that its step-down subsidiary, Raghukul Shradha Realty LLP, has executed an agreement to acquire an immovable property in Nagpur, Maharashtra. According to regulatory disclosures submitted to domestic stock exchange desks on July 24, 2026, the transaction consideration stands at 178.56 million Indian rupees (₹17.85 crore), excluding applicable stamp duty, registration charges, and statutory fees.

The transaction strengthens the company’s regional land bank in high-demand urban micro-markets, aligning with its long-term strategic objective of expanding premium residential and commercial real estate development across tier-2 urban centers.

Transaction Details and Asset Location

The property transaction was executed via an Agreement to Sell signed on July 24, 2026, by Raghukul Shradha Realty LLP. Raghukul Shradha Realty LLP operates as a step-down unit through Active Infrastructures Limited and Achievers Ventures Private Limited, which are subsidiaries of Shradha Realty Limited.

The acquired real estate asset comprises Nagpur Improvement Trust (NIT) Leasehold Plot No. 25, situated in the Civil Station Expansion Scheme along Mashruwala Marg, Cement Road, Shivaji Nagar, Nagpur. The parcel includes an existing residential structure standing on the site, which will support future real estate development initiatives planned by the acquiring entity.

Business Objectives and Regional Market Scale

The proposed land acquisition directly advances Shradha Realty's corporate mandate to scale its portfolio of urban housing and commercial infrastructure. Located in Shivaji Nagar a established commercial and residential neighborhood in central Nagpur the site positions the company to tap into sustained local housing demand.

According to corporate disclosures, the acquisition remains subject to standard closing conditions, legal due diligence, and statutory clearance procedures defined in the primary agreement.

Strategic Factors Supporting the Acquisition:

• Micro-Market Positioning: Prime location in central Nagpur providing proximity to established civic infrastructure and transit corridors.

• Development Pipeline: Adds prime urban land area to the company's real estate development pipeline.

• Execution via Subsidiary: Structured through a specialized LLP entity to optimize project-level capital allocation and development management.

Official Sources Section

Transaction specifications, asset location details, and statutory disclosure compliance cited in this news report originate directly from official regulatory notifications filed by Shradha Realty Limited with the National Stock Exchange of India (NSE) under Regulation 30 of the SEBI (LODR) Regulations, 2015. Compliance filings are administered under rules overseen by the Securities and Exchange Board of India (SEBI).

Quote Section

"According to officials, the acquisition aligns with the business objectives of the subsidiary entity to undertake targeted real estate development activities in high-growth urban corridors."

Practical Impact on Real Estate, Investors, and Local Markets

The 178.56 million rupee property transaction creates direct operational and financial implications across local property and capital markets:

• For Equity Investors: The land acquisition provides clear visibility regarding project pipeline expansion and capital deployment in high-yield urban zones.

• For Local Homebuyers and Businesses: Future development on the Shivaji Nagar site will add modern residential or commercial space to a densely built-in neighborhood.

• For Regional Property Markets: Sustained institutional land acquisition by listed developers underscores commercial confidence in tier-2 city real estate markets across Maharashtra.

Why It Matters

Securing land parcels in prime urban centers remains essential for real estate developers seeking to build sustained project pipelines. By executing the 178.56 million rupee agreement in central Nagpur, Shradha Realty secures a high-value physical asset that supports revenue growth and expands its urban development footprint.

Key Facts at a Glance

• Transaction Size: Agreement executed for 178.56 million Indian rupees (₹17,85,60,000).

• Acquiring Entity: Raghukul Shradha Realty LLP, a step-down subsidiary of Shradha Realty Limited.

• Asset Location: NIT Leasehold Plot No. 25, Shivaji Nagar, Nagpur.

• Asset Details: Land parcel along with existing residential building structure.

• Regulatory Reporting: Disclosed under SEBI Listing Obligations and Disclosure Requirements.

Frequently Asked Questions (FAQ)

What property is Shradha Realty acquiring?

A step-down subsidiary of Shradha Realty is acquiring NIT Leasehold Plot No. 25 along with an existing residential structure in Shivaji Nagar, Nagpur.

What is the total cost of the property acquisition?

The total agreed consideration for the property is 178.56 million Indian rupees (₹17.85 crore), excluding stamp duty and registration expenses.

Which entity executed the agreement?

The agreement was executed by Raghukul Shradha Realty LLP, a step-down subsidiary of Shradha Realty Limited.

How will the acquired property be utilized?

The acquisition is intended to support real estate development projects consistent with the subsidiary's strategic business objectives.

Source: Official regulatory announcements and exchange disclosures filed by Shradha Realty Limited with the National Stock Exchange of India (NSE).