Ravinder Heights Limited has informed the Exchange regarding a press release dated October 04, 2025, titled "Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 regarding RERA licences for setting up of affordable residential plotted colony under DDJAY Scheme in the name of "Bestech City-a Joint development of Bestech and Ravinder Heights Limited Group."
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Ravinder Heights Limited has informed the stock exchange about a press release dated October 4, 2025, disclosing that it has received RERA licences to set up an affordable residential plotted colony under the DDJAY (Deen Dayal Jan Awas Yojana) Scheme. The project will be branded as 'Bestech City' and is a joint development between Ravinder Heights Limited Group and Bestech. DDJAY is a government-backed affordable housing initiative, and the project falls under its framework. The disclosure has been made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements (LODR). No financial figures or project size details were provided in this filing.
This signals expansion of Ravinder Heights' real estate portfolio into the affordable housing segment through a partnership with Bestech, which could support future revenue once the project launches and sales begin. The collaboration with an established player like Bestech reduces standalone execution risk, though near-term stock impact may be limited until project details and timelines are disclosed.