Shraddha Prime Projects Ltd — Important, 09-04-2026: Company Update

Shraddha Prime Projects has received the Commencement Certificate for its new redevelopment project, Shraddha Phoenix, in Mulund, Mumbai. This project, covering over 75,355.64 sq. ft. of residential carpet area, is expected to generate approximately 150 Cr in revenue over the next three years. This development is significant for the company as it expands its redevelopment portfolio and reinforces its presence in key Mumbai micro-markets, aligning with management's continued focus on such opportunities.