Announced Mon, 22 Jun · 18:46 IST
Step-down subsidiary signs MOU for Parel project worth Rs 179 Cr GDV
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹930.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—————+1.0-0.5+0.5-4.2-3.8-8.6-8.1——
Up moveDown movePending
AI summary
B-Right RMBD Developers LLP, the step-down subsidiary of B-Right Realestate, has signed an MOU to develop Viswas Niwas 8 and 9 at Village Parel in Mumbai. The 1,081.95 sq mtr site is expected to yield about 45,760 sq ft of saleable area with an estimated Gross Development Value of about Rs 179 Crores.
Likely market impact
Adds a new Mumbai project worth about Rs 179 Cr through subsidiary, positive for future revenue pipeline and asset base.