In the pursuit of attaining 5x growth, Ajmera Realty & Infra India Limited undertakes redevelopment of Balkrishan Co-operative Housing Society based in Versova, one of the most sought-after locations by homebuyers in the Western Suburbs of Mumbai. Located at a 2-minute walking distance from Versova Metro Station, the redevelopment is estimated to generate sales of approximately INR 3,600 million and will primarily comprise 3 BHK residential apartments with an estimated carpet area of approximately 90,700 sq. ARIIL's redevelopment project in Versova, Mumbai signifies a strategic move into a highly sought-after micro-market, drawing interest from homebuyers and notable individuals, including business leaders and celebrities.

This emerging area, benefitting from redevelopment efforts and convenient metro access, is poised for substantial growth in both demand and property values. The project's advantageous location ensures access to a range of amenities, from quality healthcare and educational institutions to thriving commercial centers and recreational options, cementing Versova's reputation as a prime destination for savvy homebuyers in Mumbai. This project reflects the dedication of ARIIL towards diversification into micro markets that not only strengthen the portfolio but also cater to the long-term growth of the company.

The company's mission is to create spaces that not only provide comfortable living but also uphold the essence of spacious living and rapidly expand the redevelopment segment in the Mumbai Metropolitan Region (MMR).