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Ashiana Housing inks Development Agreement with Escapade Real Estate

05 Dec 2014 Evaluate

Ashiana Housing has entered the Chennai market by signing a Development Agreement, on revenue sharing basis, with Escapade Real Estate (P), A group Company of Arihant Foundations & Housing for development of a 'Senior Living Project' as well as 'Regular Group Housing Project', on 20 acres (approximately) of land with saleable area of 9.70 lakhs square feet (approximately). The proposed project is coming up at Sengundaram village, Maraimalai Nagar, off GST Road, Chennai (Tamil Nadu).

Ashiana Housing is a fast growing real estate developer with its head office in New Delhi, India. The company has presence in group housing, active senior living, retail, hotels and facilities management.

Peers
Company Name CMP
Lodha Developers 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.70
DLF 653.90
Oberoi Realty 1734.10
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