Housing Development Corporation Limited updated on its 13-acre joint development project with Bharatya Urban Pvt Ltd. Authorities have issued a demand notice for plan approval fees.

Upon payment, formal plan approval and RERA approval will follow, with project launch expected in 1-2 months.

HDCL projects approximately Rs. 500 Cr in net revenue from this project over 4-5 years, highlighting a significant future revenue stream.