Bharat Agri Feat Realty Ltd a manufacturer of single superphosphate and developer of tourism infrastructure has announced the receipt of important regulatory approvals for its land located at Village Kharivali Taluka Wada District Palghar Maharashtra The company communicated this development to BSE Limited on May 30 2025 underlining a significant milestone in its expansion plans

The first approval received is the Non-Agricultural NA permission allowing the company to convert the land from agricultural use to non-agricultural purposes This change enables Bharat Agri Feat Realty to develop tourism resort facilities and ancillary structures such as cottages water tanks food courts and necessary infrastructure The approval aligns with the company’s vision to enhance its tourism footprint through well-planned infrastructure development

In addition the company has secured Development Approval as per Order No TPS-1819/143/98/FAL-VASHI-08/2024 issued by the Urban Development Department Government of Maharashtra This approval follows the Unified Development Control and Promotion Regulations UDCPR 2020 and sanctions land use change and development activities on the specified land parcels including those in Industrial and No Development Zones NDZ The development is subject to compliance with planning norms payment of requisite charges and submission of indemnity bonds

These combined approvals mark a vital step forward for Bharat Agri Feat Realty in progressing with its tourism-related projects at the Anchaviyo site With the legal framework now in place the company is positioned to enhance infrastructure including cottages and other resort amenities contributing to regional tourism growth and long-term business expansion

The announcement highlights the company’s strategic approach to utilising land assets effectively while adhering to regulatory norms Stakeholders and investors can

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expect updates as the company advances its development activities strengthening its presence in Maharashtra’s tourism sector

For further details investors and interested parties may refer to the official communications filed with BSE or contact Bharat Agri Feat Realty Ltd directly