Zodiac Ventures Limited updates on Society Redevelopment Project

Zodiac Ventures Limited has announced regarding the progress of the society redevelopment project being undertaken by the Company at Shri Guruchhaya, Tejpal Scheme Road No. 2, Vile Parle (East), Mumbai 400057, being a prime location of suburban Mumbai.

The commencement of the construction work for the said project is set for 14th July 2025. As a major step towards the goal of attaining growth, the Company has undertaken the redevelopment at the said project at Tejpal Scheme, an acclaimed and prominent location in Vile Parle (East), in suburban Mumbai.

This project is estimated to generate sales of Rs. 110 crores and will primarily consist of residential apartments of 1, 2 and 3 BHK flats, with an estimated carpet area of 33,000 sq. ft. The Company aims to create a modern and sustainable living space that will redefine the landscape of the location. This project will be having an estimated completion duration of two and a half years. This project is well situated in proximity to various social and recreational hubs, educational institutes, healthcare facilities, and commercial and retail establishments.

The Company, which has been aiming to create a significant presence in the redevelopment sector in this area of suburban Mumbai, has been striving dedicatedly towards carrying out the necessary obligations for this project. Going forward, we shall be sharing updates on the further progress of the said project.

Shares of Zodiac Ventures Limited was last trading in BSE at Rs. 13.06 as compared to the previous close of Rs. 12.56. The total number of shares traded during the day was 574719 in over 835 trades.

The stock hit an intraday high of Rs. 14.80 and intraday low of 11.55. The net turnover during the day was Rs. 7549474.00.

Source : Equity Bulls

Keywords

ZodiacVentures INE945J01027 ProjectUpdate SocietyRedevelopment