BSEL Infra bagged orders

BSEL Infrastructure Realty Ltd(Rs.36.45) has informed that the Company through its 100% subsidiary BSEL Waterfront Sdn Bhd, Malaysia has been awarded 8.5 Acres of Land with 9-Storey Waterfront shopping Mall of 400,634 sq feet area. The Maximum permissible Floor area ratio is ranging from 5-9 in the same area so the land effectively has potentials for further development of at least 2-3 millions sq feet for Residential / Apartments Development.The total price of the land along with shopping mall is RM 67 Millions (Rupees 87 Crores).The project is planned to have high rise apartments with 3 side waterfront view with just 25 minutes drive from Central Business District of Singapore.This project will be part of the IRDA project of Malaysia.
nka