Financial Wire

Kesar India Outlines Pipeline of Projects With Gross Development Value of INR51 Billion

Real estate developer Kesar India (BOM:543542) has a pipeline of 29 projects across residential, mixed‑use, and large‑format developments with an estimated gross development value of over 51 billion Indian rupees, according to a BSE filing on Friday.The project has an estimated developable area of 12.24 million square feet. The upcoming portfolio is largely oriented towards large-format and mixed-use developments, which typically involve longer development cycles of three to five years.There are also 40 billion Indian rupees of gross development value under evaluation.The company also estimates total project investments of over 20 billion rupees, which will be deployed in a phased manner in line with its execution milestones.

-- Real estate developer Kesar India (BOM:543542) has a pipeline of 29 projects across residential, mixed‑use, and large‑format developments with an estimated gross development value of over 51 billion Indian rupees, according to a BSE filing on Friday.

The project has an estimated developable area of 12.24 million square feet. The upcoming portfolio is largely oriented towards large-format and mixed-use developments, which typically involve longer development cycles of three to five years.

There are also 40 billion Indian rupees of gross development value under evaluation.

The company also estimates total project investments of over 20 billion rupees, which will be deployed in a phased manner in line with its execution milestones.