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Source: NSE
Shradha Infraprojects (Nagpur) Limited is engaged in real estate development, focusing on residential and commercial properties in Nagpur. The company was incorporated in 1997 and has a subsidiary, Mrugnayani Infrastructures Private Limited, which it controls with a 51% stake.
The Indian real estate sector is expected to grow significantly, with a projected market size of US$ 180 billion by 2020. The residential segment contributes approximately 80% of the sector, indicating a robust opportunity for companies like Shradha that focus on this area.