Alpine Housing initiates BDA plan approval for 13-acre project
Alpine Housing Development Corporation Ltd has started the BDA plan approval process for a 13-acre 8-gunta project developed jointly with M/s Mile Stone Pvt Ltd. The BDA issued a demand notice for plan approval fees on July 22, 2026. The company anticipates generating Rs. 500 crores in net revenue over 4-5 years, with the project launch expected 1-2 months after RERA approval.
*this image is generated using AI for illustrative purposes only.
alpine housing development has initiated the plan approval process with the Bangalore Development Authority (BDA) for a 13-acre 8-gunta land project under a joint development agreement with M/s Mile Stone Pvt Ltd (Bharatya Urban Pvt Ltd). The company expects to generate approximately Rs. 500 crores of net revenue from this project over a period of 4 to 5 years. This development marks a significant step in the company's project pipeline, potentially boosting its future financial performance.
The BDA authorities have issued a demand notice dated July 22, 2026, to Bharatya Urban Pvt Ltd for the payment of fees required for plan approval. Upon payment of this fee, the authorities will issue a formal approval of the plan. Subsequently, M/s Bharatya Urban Pvt Ltd will apply for RERA approval. The project is expected to be launched within 1 to 2 months following the RERA approval.
The disclosure was made to the BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The joint development agreement covers the specified land area, and the revenue realization is spread over a 4 to 5-year period post-launch.
| Project Detail | Information |
|---|---|
| Land Area | 13 acres 8 guntas |
| Joint Development Partner | M/s Mile Stone Pvt Ltd (Bharatya Urban Pvt Ltd) |
| Expected Net Revenue | Rs. 500 crores |
| Revenue Period | 4 - 5 years |
| BDA Demand Notice Date | July 22, 2026 |
| Expected Launch Timeline | 1 to 2 months post-RERA approval |
Historical Stock Returns for Alpine Housing Development
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.21% | +28.92% | +44.38% | +30.98% | -18.98% | +599.47% |
How will the Rs. 500 crore revenue from this project impact Alpine Housing's overall liquidity and debt profile over the next 4-5 years?
What are the potential risks or delays associated with the RERA approval process that could push the project launch beyond the expected timeline?
Does Alpine Housing have plans to secure additional land or joint development agreements to sustain revenue growth after the completion of this project?
19
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
