Black Opal Consultants has received RERA registration for its 'Hummingbird' real estate project in Ghaziabad. The project, being developed through its associate entity Black Opal Ventures LLP, spans over 6 lakh square feet and features 346 residential units and 34 commercial shops. With RERA approval in place, the company expects to officially launch the project this month, targeting completion by 2032.
Black Opal Consultants Secures RERA Approval for Hummingbird Project
- RERA Registration: UPRERAPRJ397361/10/2026
- Completion Target: December 31, 2032
Reader Takeaway: RERA approval clears the path for project launch, though investors should track sales velocity and execution pace.
What just happened
Black Opal Consultants Ltd has officially received the Real Estate Regulatory Authority (RERA) registration for its upcoming real estate development, 'Hummingbird'. The project is located in Madhuban Bapudham, Ghaziabad, on an 8,875-square-meter land parcel acquired from the Ghaziabad Development Authority. The company holds a 41% equity stake in the project’s executing associate entity, Black Opal Ventures LLP.
Why this matters
The RERA registration is a mandatory regulatory milestone that authorizes the company to commence marketing and sales activities. Management has indicated that the official launch of the project is slated for October 2026. This project is a key contributor to the group's development portfolio, featuring a total saleable area exceeding 6.46 lakh square feet.
Project Specifications
The Hummingbird project is designed to cater to both residential and commercial segments. The scope includes:
- 346 residential units with a saleable area of over 6.25 lakh square feet.
- 34 commercial shops with a saleable area exceeding 21,000 square feet.
Context Metrics
In the preceding financial year, 2025-26, Black Opal Consultants Limited reported revenue from operations of Rs 41.97 crore and a profit after tax of Rs 12.21 crore. The current RERA registration is valid until the proposed project completion date of December 31, 2032.
What to track next
Investors should monitor the official project launch this month and assess the initial booking traction. Given the long-term nature of the 2032 completion timeline, the company's ability to maintain project execution velocity and manage the capital requirements of this 41%-stake venture will be critical to long-term financial performance.