Alpine Housing Development Corporation Pushes Ahead with Land Approval Process for Major Joint Venture
Alpine Housing Development Corporation Ltd has undertaken the plan approval process from BDA for a joint development project spanning 13 acres 8 guntas of land, in partnership with Mis Mile Stone Pvt Ltd (Bharatya Urban Pvt Ltd). The progress of the project is currently tied to immediate administrative actions regarding plan approval.The BDA authorities have issued a demand notice dated July 22, 2026, directed at Bharatya Urban Pvt Ltd for the required fee payment for plan approval.
Once the necessary fees are paid, the relevant authorities will issue formal plan approval. Following this crucial step, Mis Mile Stone and Bharatya Urban Pvt Ltd will apply for RERA approval. The project is expected to be launched within one to two months subsequent to receiving RERA approval.
The partnership holds a significant revenue potential for Alpine Housing Development Corporation Limited as the project moves through regulatory stages.
Financial projections regarding the venture are detailed below:
| Metric | Detail |
|---|---|
| Total Land Area | 13 acres 8 guntas |
| Projected Revenue Share (AHDCL) | Approximately Rs. 500 crores of net revenue |
| Duration of Revenue Generation | 4 to 5 years |
The company has maintained that the successful completion of plan approval and subsequent RERA authorization will pave the way for project commencement, establishing a clear roadmap for the intended development.
Stock Price Movement
As of 15:00, Alpine Housing Development Corporation Ltd. is edging higher, trading at ₹131.80 and gaining 1.44%. The shares have seen movement throughout the day, bouncing between a low of ₹125.00 and an intraday high of ₹136.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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