Kesar India has expanded its national footprint with the acquisition of a 24,256 sq m land parcel in Hingna, Nagpur, paving the way for a large mixed-use high-rise development. With an estimated development potential of over 1.50 million sq ft, the project will cater to the city’s growing need for integrated residential and commercial spaces.

The company expects the development to generate around Rs 9 billion in revenue, reinforcing its growth plans in one of Maharashtra’s fastest-expanding urban centres. The acquisition also strengthens its project pipeline as it continues to build a presence across key markets.

“Nagpur is rapidly evolving as a major urban and commercial hub, and we are confident that this development will create long-term value for our customers, stakeholders and the city,” the company said. It added that the new project is well-positioned to leverage the city’s upward momentum and aligns with its strategy of delivering high-quality developments in emerging locations nationwide.

News source: Projects Today