+
Ajmera Solis Sells 81 Per Cent of Inventory Within 24 Hours
Real Estate

Ajmera Solis Sells 81 Per Cent of Inventory Within 24 Hours

Ajmera Realty has strengthened its presence in Vikhroli with the launch of Phase 1 of Ajmera Solis, achieving rapid sales of Rs 4.27 billion within the first 24 hours. The project recorded uptake of 324 units across approximately 1.94 lakh sq. ft. of carpet area, amounting to an 81 per cent sell-out against the launched inventory of 2.40 lakh sq. ft.

Offering 1 BHK homes priced below Rs 10 million, 2 BHKs below Rs 16 million and 3 BHKs under Rs 22.5 million, the project targets the premium and mid-segment categories at accessible price points. Developed on a land parcel acquired from Tata Communications with clear title and no legacy tenants, the tower has drawn strong buyer interest for its modern layouts and unobstructed views.

The project has also secured Rs 880 million from a marquee private equity investor — the first such partnership in Ajmera Realty’s portfolio. With this funding, robust sales velocity and established credit lines, the development is financially closed and positioned for fast execution.

Located on the Eastern Express Highway, Ajmera Solis offers connectivity to major business districts and features Vastu-compliant residences overlooking mangroves, hills, the city and the sea. Amenities include a gym, mini-theatre, banquet hall, library and business centre, children’s play area, jacuzzi and an infinity-edge swimming pool.

Designed as a Triple Net Zero Certified ecosystem across energy, water and waste, the project incorporates zero-energy operations, balanced water cycles and advanced waste-management systems — a rare sustainability benchmark in Mumbai’s mid-income segment.

Director Dhaval Ajmera said the overwhelming response validates the company’s strategic expansion into the Vikhroli market and reinforces its broader 5x Growth Strategy. He added that the asset-light development model used for the project demonstrates the firm’s ability to scale efficiently while delivering future-ready homes.

Ajmera Realty continues to expand its residential footprint across Mumbai and Bengaluru with a focus on luxury and mid-luxury developments, supported by technology-driven planning and execution.

Ajmera Realty has strengthened its presence in Vikhroli with the launch of Phase 1 of Ajmera Solis, achieving rapid sales of Rs 4.27 billion within the first 24 hours. The project recorded uptake of 324 units across approximately 1.94 lakh sq. ft. of carpet area, amounting to an 81 per cent sell-out against the launched inventory of 2.40 lakh sq. ft. Offering 1 BHK homes priced below Rs 10 million, 2 BHKs below Rs 16 million and 3 BHKs under Rs 22.5 million, the project targets the premium and mid-segment categories at accessible price points. Developed on a land parcel acquired from Tata Communications with clear title and no legacy tenants, the tower has drawn strong buyer interest for its modern layouts and unobstructed views. The project has also secured Rs 880 million from a marquee private equity investor — the first such partnership in Ajmera Realty’s portfolio. With this funding, robust sales velocity and established credit lines, the development is financially closed and positioned for fast execution. Located on the Eastern Express Highway, Ajmera Solis offers connectivity to major business districts and features Vastu-compliant residences overlooking mangroves, hills, the city and the sea. Amenities include a gym, mini-theatre, banquet hall, library and business centre, children’s play area, jacuzzi and an infinity-edge swimming pool. Designed as a Triple Net Zero Certified ecosystem across energy, water and waste, the project incorporates zero-energy operations, balanced water cycles and advanced waste-management systems — a rare sustainability benchmark in Mumbai’s mid-income segment. Director Dhaval Ajmera said the overwhelming response validates the company’s strategic expansion into the Vikhroli market and reinforces its broader 5x Growth Strategy. He added that the asset-light development model used for the project demonstrates the firm’s ability to scale efficiently while delivering future-ready homes. Ajmera Realty continues to expand its residential footprint across Mumbai and Bengaluru with a focus on luxury and mid-luxury developments, supported by technology-driven planning and execution.

Next Story
Infrastructure Urban

Eicher Delivers First 13.5 m Electric Intercity Sleeper Bus

Eicher Trucks & Buses, a business unit of VE Commercial Vehicles Ltd., has recently delivered its first 13.5 m electric intercity sleeper bus, marking a key milestone in India’s long-distance electric mobility segment. The first bus is being operated by LeafyBus, with plans to deploy 35 buses by March 2026 across high-demand intercity corridors in North India.The initial deployment will cover routes such as Delhi–Dehradun and Delhi–Lucknow, supporting LeafyBus’ expansion across environmentally sensitive and high-density travel corridors.Commenting on the partnership, Suresh Chettia..

Next Story
Infrastructure Urban

HCSS Showcases Unified Construction Platform at CONEXPO 2026

HCSS will recently present the next evolution of its connected construction management platform at CONEXPO-CON/AGG 2026, bringing together construction workflows, data and teams on a single platform across the entire project lifecycle. The event will be held from 3–7 March 2026 in Las Vegas, Nevada. HCSS will host two booths at the show, demonstrating how its integrated software ecosystem enables seamless collaboration between the office, field and shop, from bid stage through to project closeout. Steve McGough, President and CEO, HCSS, said, “For 40 years, we’ve done everything within..

Next Story
Building Material

Berger Paints Q3 Profit Declines Despite Volume Growth

Berger Paints India has reported a mixed performance for the quarter ended 31 December 2025, with healthy volume growth and margin improvement offset by softer demand conditions and cost pressures. On a consolidated basis, revenue from operations for the quarter stood at Rs 29,840 million, compared to Rs 29,751 million in the corresponding quarter last year, reflecting a marginal increase of 0.3 per cent. EBITDA (excluding other income) was Rs 4,710 million, slightly lower than Rs 4,717 million a year earlier. Net profit declined by 8.3 per cent to Rs 2,713 million from Rs 2,960 million. Sta..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App