Ajmera Realty Launches Premium Project, Achieves 81% Sell-Out in 24 Hours
Ajmera Realty launched Ajmera Solis in Vikhroli, achieving ₹427 crore sales within 24 hours, representing an 81% sell-out. The project focuses on sustainability and offers premium residences with excellent connectivity.
The rapid sell-out and significant sales revenue from the project launch suggest a substantial positive impact on the company's financials and market position.
The announcement highlights a successful project launch with high sales figures and positive management commentary, indicating a positive outlook for the company.
* Ajmera Realty launched Phase 1 of Ajmera Solis in Vikhroli, a premium and mid-segment housing project. * The project recorded sales of approximately ₹427 crore within the first 24 hours. * 324 units, comprising approximately 1.94 lakh sq. ft. of carpet area, were sold. * This represents an 81% sell-out against the launched inventory of 2.40 lakh sq. ft. * The project includes 1 BHKs below ₹1 crore, 2 BHKs below ₹1.6 crore, and 3 BHKs under ₹2.25 crore. * The project is developed on land acquired from Tata Communications Ltd. and has a strategic ₹88 crore investment from a marquee investor. * The development aims for Triple Net Zero certification across Energy, Water, and Waste. * According to Mr. Dhaval Ajmera, Director – Corporate Affairs, the launch reinforces the company's '5x Growth Strategy'.
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Ajmera Realty & Infra India Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Ajmera Realty & Infra India Limited. Read the original for the full detail.