BSECompany Update22 Jun 2026 · 22 Jun 2026, 06:46 pm
Execution of Memorandum of Understanding for development of project.
B-Right Realestate Ltd · 543543
✦ AI Summary▲ PositiveExpansion
B-Right Realestate Ltd's step-down subsidiary, B-Right RMBD Developers LLP, has executed a Memorandum of Understanding for the development of 'Viswas Niwas 8 and Viswas Niwas 9' in Village Parel. The project spans a land area of 1,081.95 Sq. Mtr. and is expected to yield approximately 45,760 Sq. Ft. of total sales area. The anticipated Gross Development Value (GDV) from this new project is significant, estimated at Rs. 179 Crores.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment8/10
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B-Right Realestate Ltd - 543543 - New Project Acquisition
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B-RIGHT REALESTATE LIMITED
CIN: L70100MH2007PLC282631
June 22, 2026
The Manager,
Department of Corporate Services,
BSE Limited
P. J. Towers, Dalal Street,
Mumbai – 400001.
Scrip Code-543543
Sub.: Disclosures under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “SEBI
Listing Regulations”).
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we would like to hereby inform the exchange that B-Right RMBD
Developers LLP, the step-down subsidiary of the Company, has entered into a Memorandum
of Understanding for development of Viswas Niwas 8 and Viswas Niwas 9 bearing CS
No.187/74 and CS No.186/74 situated at Village Parel.
The site, with a land area of 1,081.95 Sq. Mtr., is expected to yield approx. Total Sales area
of 45,760 Sq. Ft., with an expected Gross Development Value (GDV) of Rs. 179 Crores.
You are requested to take the same on your record.
Thanking you,
Yours faithfully,
For B-Right Realestate Limited
Bhagyashree Mehadia
Company Secretary & Compliance Officer
ACS: 77087
Place: Mumbai