Ajmera Realty & Infra India Ltd. (ARIIL) has been selected to redevelop the Ascot Co-operative Housing Society in Shastri Nagar, Andheri West, Mumbai. The project will cover a total land area of 2,319 sq meters and will be developed in a single phase.

The redevelopment is expected to generate a total sales revenue of Rs 320 crore with a total estimated carpet area of about 71,300 sq ft. Additionally, this new project brings ARIIL's portfolio to four new projects, with an overall gross development value (GDV) of around Rs 2,770 crore.