UMIYA BUILDCON LIMITED has informed the Exchange regarding 'Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - RERA Registration Received for Real Estate Project in Goa'.
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Umiya Buildcon Limited has received RERA (Real Estate Regulatory Authority) registration for an upcoming residential project in Candolim, North Goa. The registration (No. PRGO06252498) was granted on June 27, 2025, and is valid until December 31, 2028, by the Goa Real Estate Regulatory Authority. This is the company's first residential project in Goa under the RERA framework. The company views this as a key step in expanding its real estate footprint and delivering long-term value. No financial details, project size, or expected revenue from the project have been disclosed in the filing.
This is a positive development as it clears the regulatory hurdle for the company to launch and sell its Goa residential project, but the lack of financial details means the actual impact on revenue and earnings remains unclear. Investors should watch for further updates on project scale, launch timeline, and bookings.