Black Opal Ventures gets UP RERA registration for Hummingbird project in Ghaziabad

What happened

Black Opal Consultants Limited, a real estate consulting firm listed on the BSE SME platform, told the exchange on 9 October 2026 that Black Opal Ventures LLP had received a Real Estate Regulatory Authority registration certificate for its Hummingbird group housing project. The company holds a 41% partnership interest in the LLP, which makes it an associate rather than a subsidiary.

The filing was made under the listed-company disclosure rules and posted at 21:23 IST, according to the copy carried by Equity Bulls. Whalesbook covered the same registration the following day.

Project details from the filing

The certificate covers a group housing project titled Hummingbird at Plot No. A/GH-3 in Madhuban Bapudham, a township in Ghaziabad. The land parcel measures 8,875 square metres and was acquired from the Ghaziabad Development Authority.

According to the sanctioned plan cited in the filing, the project has 346 residential dwelling units and 34 commercial shops. The saleable residential area is over 6.25 lakh sq ft, and the commercial saleable area is over 21,000 sq ft.

Whalesbook describes a "380-unit" development. That figure is the 346 residential units and 34 shops added together, so it is a combined count, not a separate unit total.

Figures that differ between reports

Coverage of the project size is not consistent. Whalesbook's English report says the project spans over 6 lakh sq ft, while its Hinglish version gives 6.46 lakh sq ft. This page uses the filing's figures: over 6.25 lakh sq ft residential and over 21,000 sq ft commercial.

The registration number also differs between sources. The company filing gives UPRERAPRJ397361/10/2026. A separate search listing of UP RERA projects shows the Hummingbird project under Black Opal Ventures LLP with number UPRERAPRJ440086/10/2026 and status "Registered". The registration should be checked against the UP RERA portal before any buyer relies on either number. This article uses the company's filed number.

What the registration does and does not show

A RERA registration is the step that allows a developer to market and sell units in a registered project, and projects must display their registration number in advertising. It is not a statement by the regulator on the quality, price or market prospects of the project. Whalesbook's description of the registration as a milestone that authorises marketing is the outlet's explanation, not a RERA statement.

The sources reviewed do not include a price list, booking amount, payment plan or unit-wise carpet area for Hummingbird. No sales figures for the project have been published.

The developer and its group

Black Opal Consultants was incorporated in September 2020 as a private company and later converted to a listed company. Its business covers brokerage, property advisory, loan syndication and project management. It holds a 76% stake in Aurika Developers LLP, which is developing a hospitality-linked commercial project called Veda in Ayodhya, and a 41% stake in Black Opal Ventures LLP.

Its company-level figures for FY2026, as reported in the prospectus coverage, were revenue of 41.97 crore rupees and profit after tax of 12.22 crore rupees. As of FY2026 the company said it had facilitated over 2,366 unit sales across Ghaziabad, Noida, Greater Noida and Gurugram. These are the consulting company's sales figures, not Hummingbird's.

The prospectus coverage also flagged that the company's UP RERA registration had expired, which could restrict its regulated activities in Uttar Pradesh until renewed. The company has since said its UP RERA agent registration was renewed until 28 February 2031, announced on 9 October 2026. This article has not independently verified that renewal.

What it changes for buyers and investors

For buyers, the registration means Hummingbird now has a RERA project number and a stated completion date of 31 December 2032. Buyers can check the number, the sanctioned plan and the disclosed timeline on the UP RERA portal before booking. Any booking should be assessed against the signed agreement, not the press reports.

For investors, the registration removes one regulatory hurdle, but the sources reviewed say nothing about sales speed, pricing or construction progress. Whalesbook's view that investors should watch sales velocity and execution pace is that outlet's commentary.

What happens next

The company says the project is proposed for official launch in October 2026. Whalesbook reports the same timing, attributing it to management. No launch event, price sheet or booking window had been announced in the sources reviewed as of 11 October 2026.

The registration runs to 31 December 2032. The next checks are the official launch, the first published prices and any change to the RERA number on the UP RERA portal.