Mukul Agrawal Acquires 6.5 Million Shares in Rekha Jhunjhunwala-Backed Valor Estate Ltd
Mukul Agrawal, a prominent investor, has acquired 6.5 million shares in Valor Estate Ltd, a real estate development company backed by Rekha Jhunjhunwala. The company has delivered impressive returns and is involved in significant urban transformation projects in Mumbai.
Real EstateMultibaggerValor EstateMukul AgrawalRekha JhunjhunwalaReal EstateJul 22, 2025
Rekha Jhunjhunwala holds a 4.63 per cent stake in Valor Estate with 25,000,000 shares, making her one of the significant stakeholders in the company. Over the past five years, Valor Estate has outperformed many other stocks, including Reliance Power, by delivering a staggering 2,800 per cent return.
Valor Estate is a prominent real estate development company, known for undertaking high-impact urban transformation projects, primarily in Mumbai. The company specializes in large-scale, mixed-use developments in collaboration with marquee partners and government agencies. One of its key projects is the Worli Urban Development Project, which is being undertaken in partnership with Prestige Estates Projects Limited.
The Worli Urban Development Project, also known as the Jijamata Nagar Redevelopment Project, is being developed on land owned by the Municipal Corporation of Greater Mumbai (MCGM). The project spans approximately 70,000 square meters at Dr. E. Moses Road, Lower Parel Division, Worli, Mumbai – 400018, falling under the G/South Ward. Valor Estate holds a 50 per cent economic interest in the venture.
Notably, the project is being designed by Skidmore, Owings & Merrill LLP (SOM), a globally renowned architectural firm behind iconic landmarks like the Burj Khalifa in Dubai. Once completed, this will be among the largest true mixed-use and urban renewal projects in South Mumbai, further solidifying Valor Estate's position in the real estate market.
The company's share price has delivered multibagger returns over the past five years, surging by 2,800 per cent. This performance underscores the company's strong fundamentals and the potential for continued growth in the future. However, it is important to note that while the past performance is a positive indicator, it does not guarantee future results.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Investors are advised to conduct their own research and consult with financial advisors before making any investment decisions.
Frequently Asked Questions
Who is Mukul Agrawal?
Mukul Agrawal is a prominent investor in the Indian market known for his strategic investments in various sectors, including real estate and small-cap stocks.
What is Valor Estate Ltd?
Valor Estate Ltd is a real estate development company that specializes in large-scale, mixed-use developments and urban transformation projects, primarily in Mumbai, India.
What is the significance of Rekha Jhunjhunwala's stake in Valor Estate?
Rekha Jhunjhunwala holds a 4.63 per cent stake in Valor Estate with 25,000,000 shares, making her one of the significant stakeholders and indicating the company's strong backing from a well-known investor.
What is the Worli Urban Development Project?
The Worli Urban Development Project, also known as the Jijamata Nagar Redevelopment Project, is a large-scale slum redevelopment project in Mumbai being undertaken by Valor Estate in partnership with Prestige Estates Projects Limited.
What has been the performance of Valor Estate's share price?
Valor Estate's share price has delivered multibagger returns over the past five years, surging by 2,800 per cent, making it a standout performer in the real estate sector.
Related News Articles
No Reversal on Real Estate LTCG Tweaks: Government Stands Firm
Government sources have confirmed that there will be no reevaluation of the changes made to Long Term Capital Gains tax (LTCG) in the Union Budget, despite concerns over the removal of Indexation benefit on property sales.
JP Morgan India Leases Massive 5.6 Lakh Sq Ft Office Space in Bengaluru for 7+ Years
Bengaluru's real estate market is on fire! JP Morgan India has leased a whopping 5.6 lakh sq ft office space in Embassy TechVillage for over 7 years. But is this a sign of a booming market or a bubble waiting to burst?
Pimpri Chinchwad Introduces New Time Restrictions for Construction Activities
The Pimpri Chinchwad Civc Body (PCCB) has announced new time restrictions for construction activities, allowing building works only from 7 AM to 10 PM. This decision was made to reduce noise and environmental pollution in residential areas.
Delhi-NCR Leads with 30% Increase in Housing Prices in 2024
Anarock reports that Delhi-NCR recorded the highest yearly jump of 30% in average residential prices, from Rs 5,800 per sq ft in 2023 to nearly Rs 7,550 per sq ft in 2024, driven by robust demand and rising construction costs.
MHADA to Build 19,497 Affordable Homes in Maharashtra
MHADA, the Maharashtra Housing and Area Development Authority, is set to construct 19,497 homes across various locations in Maharashtra. This ambitious project aims to provide affordable housing solutions to the state's growing population.
Bombay HC Orders Deemed Conveyance for Neelkanth Heights Society in Thane
The Bombay High Court has ordered the deemed conveyance of the Neelkanth Heights Society in Thane, while also pulling up the developer, Abhinav Real Estate Private Limited, for failing to comply with the Maharashtra Ownership Flats Act (MOFA).