Kesar India acquires Nagpur plot, targets ₹900 crore revenue

Kesar India Limited has announced the acquisition of a prime land parcel in Hingna, Nagpur, Maharashtra, measuring approximately 24,256 sq. m. This acquisition is anticipated to yield a development potential of over 1.50 million sq. ft.

The company plans to develop a mixed-use high-rise project on the newly acquired site, strategically aiming to meet the city's increasing demand for integrated urban spaces. This project is projected to generate an estimated revenue potential of approximately ₹900 crore, reinforcing Kesar India's growth trajectory and expanding its footprint in key emerging markets.

This acquisition marks a significant milestone in Kesar India's expansion strategy, leveraging Nagpur's rapid evolution as a major urban and commercial hub. The company expects this development to create long-term value for its customers and stakeholders, strengthening its project pipeline and commitment to high-quality developments across India.