Disclosure under Regulation 30 of the SEBI (LODR) Regulations 2015
Alpine Housing Development Corporation Ltd · 526519
Alpine Housing Development Corporation Ltd has informed that it has undertaken the process of plan approval from BDA for a joint development project with Mis Mile Stone Pvt Ltd (Bharatya Urban Pvt Ltd) on 13 acres 8 guntas of land. A demand notice has been issued by BDA authorities to Bharatya Urban Pvt Ltd for payment of fee for plan approval. Upon payment of fee, a formal approval of plan will be issued, and subsequent to that, Mis Bharatya Urban Pvt Ltd will apply for RERA approval. The project is expected to be launched in 1 to 2 months, with Alpine's share from the project expected to be approximately Rs. 500 crores of net revenue over a period of 4-5 years.
Analysis Scores
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Attachments (1)
7b38b386-f511-41be-b36c-13223858f841.pdf