Ajmera Realty to develop residential project in Wadala
Real Estate

Ajmera Realty to develop residential project in Wadala

Ajmera Realty and Infra India have announced that the company will develop the next phase of the residential project in Wadala as a part of its 100-acre master layout of Ajmera i-land in Mumbai.

The project will spread across a 5,00,000 sq ft carpet area and the construction finance loan will be acquired from HDFC Bank and sales advances. The residential plot will have 540 flats and 18 retail shops with an estimated sales value of Rs 1,500 crore.

The project will have construction work of two wings, totalling 540 residential flats, which will be close to the 35 acres garden located within the township.

The configuration of the apartments for 2BHK and 3BHK will range from 750-794 Real Estate Regulatory Authority carpet area (RERA CA) and 977-1225 RERA CA, respectively. The construction work has started, and the project is expected to complete within five years. Hafeez Contractor is designing the project.

The company has done sales worth more than Rs 2,000 crore and total sales of 1.3 million sq ft in Wadala over the last decade. In Wadala, it registered a sales value of Rs 625 crore from April 2020 to September 2021 at the time of the Covid pandemic.

Image Source

Also read: Ajmera Realty to pump Rs 900 cr for residential project in Wadala

Also read: Ajmera Realty to invest Rs 110 cr for housing redevelopment in ...

Ajmera Realty and Infra India have announced that the company will develop the next phase of the residential project in Wadala as a part of its 100-acre master layout of Ajmera i-land in Mumbai. The project will spread across a 5,00,000 sq ft carpet area and the construction finance loan will be acquired from HDFC Bank and sales advances. The residential plot will have 540 flats and 18 retail shops with an estimated sales value of Rs 1,500 crore. The project will have construction work of two wings, totalling 540 residential flats, which will be close to the 35 acres garden located within the township. The configuration of the apartments for 2BHK and 3BHK will range from 750-794 Real Estate Regulatory Authority carpet area (RERA CA) and 977-1225 RERA CA, respectively. The construction work has started, and the project is expected to complete within five years. Hafeez Contractor is designing the project. The company has done sales worth more than Rs 2,000 crore and total sales of 1.3 million sq ft in Wadala over the last decade. In Wadala, it registered a sales value of Rs 625 crore from April 2020 to September 2021 at the time of the Covid pandemic. Image Source Also read: Ajmera Realty to pump Rs 900 cr for residential project in Wadala Also read: Ajmera Realty to invest Rs 110 cr for housing redevelopment in ...

Related Stories

Gold Stories

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 86574 75330

Join us Telegram

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back