Dreamax Realtors executes SDA with Oshiwara Gokul Co-Operative Housing Society Ltd

Dreamax Realtors (formerly known as M/s. Lotus Realtors), a partnership firm and a subsidiary of Balgopal Commercial Limited ("the Company"), has executed a Supplemental Development Agreement ("SDA") with Oshiwara Gokul Co-Operative Housing Society Limited.

The Developer will undertake the comprehensive redevelopment of the Society's land admeasuring 2,531.62 sq. meters situated at Oshiwara Gokul CHSL., Adarsh Nagar, New Link Road, Oshiwara, Jogeshwari (W), Mumbai - 400 102.

The Company's entitlement of free sale component from the project is presently estimated to be around 51,086 square feet, subject to the provisions of Development Control & Promotion Regulations for Greater Mumbai, 2034 and applicable law.

The GMV is Rs 200 crores approx.

Shares of Balgopal Commercial Ltd was last trading in BSE at Rs. 156.00 as compared to the previous close of Rs. 158.50. The total number of shares traded during the day was 1891 in over 19 trades.

The stock hit an intraday high of Rs. 170.00 and intraday low of 153.05. The net turnover during the day was Rs. 311580.00.

Source : Equity Bulls

Keywords

BalgopalCommercial INE119R01014 DreamaxRealtors SDA OshiwaraGokulCoOperativeHousingSociety