B-Right Realestate inks JV for ₹70 crore luxury housing project in MaladB-Right Realestate inks JV for ₹70 crore luxury housing project in Malad

Introduction

Leading real estate developer entered a joint venture to build Celestial Heights Phase II in Malad West, offering 4 BHK and 5 BHK luxury residential flats.

opened at ₹621.00, down 0.06% from its previous close of ₹621.35. The stock reached a high of ₹621.00 (-0.06%) and a low of ₹621.00 (-0.06%). By 4:00 PM, it traded at ₹621.00, a 0.06% decrease, with a market cap of ₹641.57 crore.

B-Right Realestate Launches JV Project

B-Right Realestate Limited entered into a joint venture agreement with Ayyappa Developer Private Limited to develop Celestial Heights Phase II at Malad West, Mumbai, under SEBI Regulation 30 disclosure.

The luxury residential project features 4 BHK and 5 BHK flats and is expected to generate a gross development value of ₹70 crore, according to the company filing.

Stock performance of B-Right Realestate for Period of 1 week, 6 months, and 1 year

B-Right Realestate Ltd declined 0.64% over the past week, gained 107% over the past six months, and rose 59.6% over the past one year.

Also Read: Cummins India: Stock gains 5% despite weaker Q3 with 22% profit down and revenue decline

Shareholding pattern of B-Right Realestate

Particulars	Sep 2025	Mar 2025
Promoter	72.20%	71.90%
FII	1.40%	0.80%
DII	0.00%	0.00%
Public	26.50%	27.30%

About B-Right Realestate

B-Right RealEstate Ltd (BSE: 543543) develops and invests in residential and commercial real estate around Mumbai, operating under B-Right Group with construction, finance, and leasing verticals.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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