Highway Infrastructure Limited has informed the Exchange about Product launch
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Highway Infrastructure Limited has launched a new residential real estate project named 'Neww York City – Phase-4' in Indore, Madhya Pradesh, on August 28, 2025. The project is located opposite SAGE University on Rau-Bypass, Indore, and covers an area of approximately 1,74,582.40 sq.ft. It has been registered with RERA under Registration No. P-IND-25-5864. The project is targeted at the domestic market and falls under the company's real estate residential segment. This is a new phase launch by the company in its real estate portfolio in Indore.
The launch adds a new residential project to the company's pipeline, which could support future bookings and revenue in its real estate division, though no immediate financial figures or pricing have been disclosed. Shareholders should view this as a routine business expansion update rather than a major catalyst for the stock.