B-Right Realestate Ltd. to Redevelop Centralite Co-Operative Housing Society in Mumbai
In a significant development, B-Right Realestate Limited has been officially appointed for the re-development of the Centralite Co-Operative Housing Society Limited. The project involves the redevelopment of a prime real estate site located in Mumbai, covering a land area of 2,459.84 Sq. Mtr.. The site is expected to generate a total saleable area of 35,925.56 Sq. Ft., which will be key to meeting the rising demand for residential and commercial spaces in the region.

The expected Gross Development Value (GDV) for this project is pegged at approximately ₹94 Crores, making it a noteworthy addition to B-Right Realestate Limited’s portfolio. The company, known for its successful track record in real estate development, is poised to contribute significantly to Mumbai's housing and infrastructure sector through this project.

Project Details and Timeline
The Centralite Co-Operative Housing Society redevelopment project represents a blend of modern infrastructure and sustainable real estate practices. The site will offer both residential and commercial spaces, ensuring a high return on investment for all stakeholders involved. With the project’s large saleable area and high GDV, B-Right Realestate Limited is on track to enhance its market presence in Mumbai, further solidifying its position in the real estate development sector.

SEBI Compliance and Transparency
In compliance with SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, B-Right Realestate Limited has duly informed the exchange about this development. The company has followed the necessary disclosure protocols, ensuring transparency with its stakeholders and investors. The project reflects the company’s commitment to enhancing its real estate offerings while adhering to regulatory standards.

Future Prospects for B-Right Realestate Limited
This new project marks a significant step forward for B-Right Realestate Limited, as it continues to expand its operations within the competitive Mumbai real estate market. The expected GDV of ₹94 Crores showcases the potential profitability of the project, which is in line with the company’s broader growth strategy. With a strong focus on quality construction and timely delivery, B-Right Realestate is well-positioned to meet the demand for premium housing and commercial spaces in Mumbai.

For B-Right Realestate Limited, this development is a clear indication of its successful business strategy and commitment to contributing positively to Mumbai’s real estate sector.

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