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.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement