Ashiana Housing has agreed to sell the land in Village Tanawarna in Jodhpur admeasuring 10.92 acres which was bought in the year 2007. The company has decided to sell the land as the access to the land currently available is not of requisite quality and the possibility of getting better access in the near future is not visible. As the land would have remained undevelopable for the near term, the company envisaged it better to exit the project.
Earlier in April, the company entered into a partnership with Manglam Group for the development of 31 acres of land situated in village Manpur Bhatawala, off Tonk Road, Jaipur at Rajasthan.
Ashiana Housing is a fast growing real estate developer. It has presence in group housing, retirement resorts, retail, hotels and facilities management. It has pioneered the concept of retirement resorts in India.