BSECompany Update13 Aug 2026 · 13 Aug 2026, 03:23 pm
Execution of Memorandum of Understanding for development of Project.
B-Right Realestate Ltd · 543543
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B-Right Realestate Ltd's step-down subsidiary, B-Right Bombay Highlines Developers Private Limited, has entered into a Memorandum of Understanding for the development of a residential project in Mumbai, with a land area of 10,008 Sq. Mtr. and expected total sales area of 5 Lakh Sq. Ft. and Gross Development Value of Rs. 1600 Crores.
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Governance Concern1/10
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Liquidity Impact8/10
Market Sentiment5/10
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B-Right Realestate Ltd - 543543 - New Project Acquisition
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B-RIGHT REALESTATE LIMITED
CIN: L70100MH2007PLC282631
August 13, 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 Bombay
Highlines Developers Private Limited, the step-down subsidiary of the Company, has entered
into a Memorandum of Understanding for development of Bhagat Singh Nagar (SRA project)
bearing CS No. 1A/58 and CTS No. 1(A)(Part) situated at Village Pahadi, Taluka Borivali.
The site, with a land area of 10,008 Sq. Mtr., is expected to yield approximately Total Sales
area of 5 Lakh Sq. Ft., with an expected Gross Development Value (GDV) of Rs. 1600
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