Hemisphere Properties India Limited has informed the Exchange regarding 'Additional Information on Intimation dated 27.09.2025'.
HEMIPROP · price
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Hemisphere Properties India has received approval from the Collector of Pune, Maharashtra, for the sale of its land parcel in Pune, subject to payment of ₹130.56 crore and certain terms and conditions. The e-auction for this land parcel, conducted under the RFP dated 13.12.2024, is scheduled to take place from October 1 to October 3, 2025. This is a follow-up to the company's earlier intimation dated 27.09.2025. The company, a Government of India enterprise, is essentially monetising a significant real estate asset through a transparent auction process.
Successful completion of this land sale could bring in substantial cash inflows (potentially above the ₹130.56 crore base) for the company, which is a government-owned real estate entity. Investors should watch the e-auction outcome closely as it represents a material monetisation event that could impact the stock price and the company's future business direction.