Ajmera Realty & Infra India (ARIIL) launched a residential project – Ajmera Iris, in Electronic City, Phase 2, Bengaluru. ARIIL sold 59,000 sq-ft out of 1,58,859 sq-ft in the project for value of Rs 60 crore. These sales represent about 37% of the ARIIL’s inventory sold, achieved within a week of its launch following RERA registration.
The project offers a range of lifestyle amenities for an enhanced living experience. Located near major infrastructure like Hosur Road and the Bengaluru Metro-Rail Network, Ajmera Iris combines proximity to top MNCs and IT hubs with access to natural surroundings, creating an ideal blend of convenience and quality living for residents.
Dhaval Ajmera, director, Ajmera Realty & Infra India, said, “The real estate market of Bengaluru is witnessing a significant rise in demand for quality and spacious living, driven by a robust job market and strong purchasing power in the startup hub of India. A strategic expansion of our portfolio in this micro-market, this venture is in line with our guidance for the year and is a strong testimony to our ambitious 5x growth.”
