Ravinder Heights Limited Shares Surge 5% After Securing RERA Licenses for Affordable Housing Projects
Ravinder Heights Limited's shares hit a 5% upper circuit on Monday after the company secured RERA licenses for two affordable housing projects in Gurugram, spanning over 51.81 acres.
Ravinder Heights LimitedRera LicensesAffordable HousingStock MarketGurugramReal EstateOct 06, 2025
With a market cap of Rs. 354 crores, the shares of Ravinder Heights Limited reached a 5% upper circuit at Rs. 57.75 on BSE, compared to its previous closing price of Rs. 55. The stock has delivered negative returns of around 22% year-to-date (YTD) but has gained over 26% in the last month.
What’s the News?
According to the latest filings with the stock exchanges, Radhika Heights Limited, a wholly-owned subsidiary of Ravinder Heights Limited, along with its wholly-owned subsidiaries—Nirmala Buildwell Private Limited, Radicura Infra Limited, Cabana Construction Private Limited, and Sunanda Infra Limited—in collaboration with Bestech India Private Limited, has obtained the HARERA License for the development of an affordable residential plotted colony under the Deen Dayal Jan Awas Yojna (DDJAY).
The project will span 39.43125 acres in the revenue estate of Village Harsaru, Sector-89A, District Gurugram, Haryana, and will be named “Bestech City 1 – a Joint Development of Bestech and Ravinder Heights Limited Group”.
Additionally, Radhika Heights Limited, along with its wholly-owned subsidiaries—Nirmala Buildwell Private Limited and Cabana Construction Private Limited—in collaboration with Bestech India Private Limited, has obtained the HARERA license for another affordable residential plotted colony under DDJAY. This project will cover 12.3812 acres in the revenue estate of Village Harsaru, Sector-89A, District Gurugram, Haryana, and will be branded “Bestech City 2 – a Joint Development of Bestech and Ravinder Heights Limited Group”.
Financials & More
Ravinder Heights Limited reported a contraction in its operational revenue, moving from a positive Rs. 0.62 crore in FY24 to a negative Rs. 0.11 crore in FY25, reflecting a year-on-year decline. The company’s net loss also widened during the same period, increasing from Rs. 2.15 crore in FY24 to Rs. 2.54 crore in FY25, indicating an 18% year-on-year escalation in losses.
Ravinder Heights Limited undertakes the business of acquisition, construction, development of townships, built-up infrastructure, housing, commercial premises, hotels, resorts, hospitals, educational institutions, recreational facilities, and city and regional level infrastructure.
About Ravinder Heights Limited
Ravinder Heights Limited is a prominent player in the real estate sector, focusing on the development of townships and affordable housing projects. The company's strategic partnerships and innovative approaches have positioned it as a key player in the Indian real estate market. With a strong emphasis on quality and sustainability, Ravinder Heights Limited continues to expand its portfolio and contribute to the development of modern, affordable living spaces.
Disclaimer
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Frequently Asked Questions
What triggered the 5% upper circuit in Ravinder Heights Limited shares?
Ravinder Heights Limited shares hit a 5% upper circuit due to the company securing RERA licenses for two affordable housing projects in Gurugram.
What are the names of the two affordable housing projects in Gurugram?
The two projects are named 'Bestech City 1' and 'Bestech City 2', both located in the revenue estate of Village Harsaru, Sector-89A, District Gurugram, Haryana.
What is the market cap of Ravinder Heights Limited?
The market cap of Ravinder Heights Limited is Rs. 354 crores.
What is the financial performance of Ravinder Heights Limited in FY25?
In FY25, Ravinder Heights Limited reported a negative operational revenue of Rs. 0.11 crore and a net loss of Rs. 2.54 crore, showing a year-on-year decline.
What is the Deen Dayal Jan Awas Yojna (DDJAY)?
The Deen Dayal Jan Awas Yojna (DDJAY) is a government initiative aimed at providing affordable housing to the economically weaker sections of society.
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