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

B-Right Realestate Limited entered a joint venture with Ayyappa Developer to develop Celestial Heights Phase II in Malad West, featuring 4 BHK and 5 BHK luxury flats.
B-Right JV ₹70 crore luxury housing, 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.

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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.

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

Shareholding pattern of B-Right Realestate

ParticularsSep 2025Mar 2025
Promoter72.20%71.90%
FII1.40%0.80%
DII0.00%0.00%
Public26.50%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.

FAQs

Q: Why is B-Right RealEstate Ltd share price in news today?

A: B-Right RealEstate Ltd share price is in focus after announcing a joint venture for Celestial Heights Phase II project.

Q: What is B-Right RealEstate Ltd’s main business focus?

A: B-Right RealEstate Ltd focuses on residential and commercial real estate development and investments, including joint development agreements and partnerships.

Q: What are the 52-week high and low of B-Right RealEstate Ltd stock?

A: B-Right RealEstate Ltd stock has a 52-week high of ₹650.00 and a 52-week low of ₹226.00.

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