Ajmera Realty’s Bengaluru Project Sees 37% Bookings at Launch
Mumbai-based real estate developer Ajmera Realty & Infra India Ltd sold 37% of the inventory in its latest residential project in Bengaluru within a week of its launch, the company said in a statement.
Bengaluru Real EstateAjmera RealtyResidential ProjectsElectronic CityReal Estate MarketReal Estate MumbaiNov 07, 2024
Ajmera Iris is spread over 4.5 acres and comprises 11 towers, each with B+G+4 floors. The project offers a total of 215 two and three BHK units, along with two clubhouses, swimming pools, and over 25 lifestyle amenities. The expected completion date is December 2026.
Strategically located near major infrastructure, such as Hosur Road and the Bengaluru Metro Rail Network, Ajmera Iris is close to top MNCs and IT hubs. Dhaval Ajmera, Director of Ajmera Realty & Infra India Ltd, commented, “The real estate market of Bengaluru is witnessing a significant rise in demand for quality and spacious living, driven by a robust job market and strong purchasing power in the Startup Hub of India. The launch of Ajmera Iris is influenced by this upbeat sentiment among homebuyers and investors alike. We have witnessed a tremendous response and recorded stellar pre-sales within a matter of days of the launch.”
Ajmera Realty & Infra India Ltd has a strong business performance, with a 57% increase in its consolidated net profit to ₹35.35 crore in the September quarter, compared to ₹22.53 crore in the same period last year. The company has delivered projects spanning over 20 million square feet over the past 55 years and currently has projects with a footprint of more than 1 million square feet under various stages of development.
Ajmera Realty & Infra India Ltd is a leading real estate developer with a focus on delivering high-quality residential and commercial projects. With a strong presence in Mumbai and expanding into other major cities like Bengaluru, the company aims to meet the growing demand for modern and sustainable living spaces in India’s rapidly urbanizing landscape.
Frequently Asked Questions
Where is the Ajmera Iris project located?
The Ajmera Iris project is located in Electronic City, Phase 2, in southern Bengaluru.
What is the total area of the Ajmera Iris project?
The Ajmera Iris project is spread over 4.5 acres.
How many units are there in the Ajmera Iris project?
The Ajmera Iris project comprises a total of 215 units, including 2 BHK and 3 BHK units.
When is the expected completion date for Ajmera Iris?
The expected completion date for Ajmera Iris is December 2026.
What are some of the amenities included in the Ajmera Iris project?
The Ajmera Iris project includes two clubhouses, swimming pools, and over 25 lifestyle amenities.
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