Dhani Services Limited — Important, 19-03-2025: Updates

Dhani Services Limited's wholly owned subsidiary has executed a Memorandum of Understanding (MoU) with landowners to develop real estate projects on 5.37 acres in Sector 104, Gurgaon. This agreement expands the current project, "Indiabulls Estate & Club," from 24 acres to a total of 29.37 acres. The planned development will encompass 70.8 lakh sq. ft., with an anticipated revenue of approximately ₹12,065 Cr based on current selling prices. This expansion could positively impact the company's portfolio and revenue generation, indicating potential growth opportunities in the real estate sector.