Laxmi Goldorna House Limited has informed the Exchange regarding 'Receipt of Building Use Certificate'.
LGHL · price
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Laxmi Goldorna House Limited has received a Building Use Certificate from Ahmedabad Municipal Corporation for its completed project 'Laxmi Eternia' located in Narol, Ahmedabad. The project spans approximately 915,160 square feet of built-up area and comprises 723 3BHK residential flats along with 52 commercial shops. This certificate confirms that the construction project has been completed as per approved plans and is now legally permitted for occupancy and use.
This announcement indicates successful completion of a major real estate project, which could potentially unlock revenue recognition for the company once sales or leasing of units begins. Shareholders should monitor for subsequent sales updates or revenue impact disclosures.