Ajmera Realty to acquire 36% stake in Ultra Tech Property
Ajmera Realty & InfraIndia today announced that its investment committee has approved the proposal to invest in Ultra TechProperty Developers (P) to acquire the 36% equity shares.
The aforesaid decesion is subject to such approvals, consent, sanctions and permissions of the appropriate authorities.
Ultra Tech Property Developers (P) is holding a Leasehold right of 604.50 square meters in Kalina, Santacruz (East). The plot is adjacent to BKC and is having potential of development of approx 40,000 Sq. Ft.
Source: My Iris
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