Kesar India Limited Acquires 22.487 Acres Near Samruddhi Mahamarg for Rs 200 Crore Revenue Potential
Kesar India Limited, a small-cap real estate development company listed on the Bombay Stock Exchange (BSE), has announced the acquisition of a strategic land parcel measuring approximately 9.10 hectares (22.487 acres) in Mouza Sumthana, Tehsil Hingna, District Nagpur, Maharashtra. This acquisition significantly enhances the company's development pipeline in a high-growth micro-market.
The latest transaction, completed on January 23, 2026, involves 5.10 hectares (12.60 acres) of land at Survey/Khasra No. 128/2. This parcel adjoins land acquired earlier on December 29, 2025, located at Survey/Khasra Nos. 128/3 and 128/4. With both transactions consolidated, Kesar India now holds a contiguous land bank of 22.487 acres in the Hingna–MIHAN corridor.
Strategically situated near MIHAN (Multi-modal International Cargo Hub and Airport at Nagpur), the land benefits from strong connectivity through the Samruddhi Mahamarg (Nagpur–Mumbai Expressway). This corridor is considered one of Nagpur’s fastest developing infrastructure zones, supported by rapid urbanisation and transportation upgrades.
The area also hosts established and upcoming residential and mixed-use developments by reputed national real estate players such as DMart, Godrej Properties, Kalpataru, and Lodha Group, further reinforcing the region’s long-term potential. According to the company, the consolidated land parcel carries an estimated revenue potential of approximately Rs 200 crore, subject to statutory approvals, development plans, and market conditions.
Kesar India stated that the acquisition aligns with its strategy of early-stage land banking in high-growth micro-markets, allowing cost efficiency, project continuity, and long-term value creation for shareholders. The company continues to build a scalable pipeline of future-ready projects across emerging urban corridors.
Company Overview: Kesar India Limited (formerly known as Kesar India Private Limited and Kesar Impex (India) Private Limited) is a Nagpur-based real estate development company focused on residential and mixed-use projects. Listed on BSE, the company is actively expanding its land bank across high-potential growth regions. The stock price of the company is trading 166 per cent up from its 52-week low.
Disclaimer: The article is for informational purposes only and not investment advice.
