Ajmera Realty & Infra India Ltd plans to invest an estimated 7,000 INR-Crore in Wadala projects. The developer aims to construct 2.3 Million-SqFt across residential and commercial spaces. This expansion will unlock over 12,000 INR-Crore in revenue within four to five years.
The second phase of Ajmera Manhattan carries a GDV of 1,750 INR-Crore and a carpet area of 5.4 Lakh-SqFt. The following phases of Ajmera Manhattan, spanning 9 Lakh-SqFt, will add 3,200 INR-Crore in GDV. Additionally, during the second half of the current fiscal year, Ajmera Realty will initiate a boutique office project. This commercial project will span 6 Lakh-SqFt, with an estimated GDV of 1,800 INR-Crore, strengthening Ajmera Realty’s commercial footprint.
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Moreover, the company plans to step into the uber-luxury housing segment next financial year. The 1.4 Million-SqFt residential development will have a GDV of 5,700 INR-Crore. With these projects, Ajmera Realty continues to shape Mumbai’s central growth corridor with modern infrastructure and premium development.
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