MoneyWorks4Me

Arihant Superstructures’ arm secures funding from HDFC

29 May 2018 Evaluate

Arihant Superstructures’ subsidiary -- Arihant Abode -- has been sanctioned a facility from Housing Development Finance Corporation (HDFC) to the tune of Rs 250 crore for their Flagship Housing project Arihant Aspire located at Panvel having saleable area of 3.1 mn sq. ft under development. 

Arihant Aspire will deliver ‘8’ magnificent 42 storied towers totaling 2,715 units consisting of Lavish Studio and 2BHK. The project is spread across 16.5 acres with designer landscaping by site concepts, Singapore along with a 2 acre garden located close to the upcoming Navi Mumbai International Airport.

Arihant Superstructures is a real estate company with dominant presence in the affordable housing segment in the Mumbai MMR and the Jodhpur region.


Peers
Company Name CMP
Lodha Developers 1104.75
Prestige EstatesProj 1494.10
Dilip Buildcon 398.95
DLF 662.60
Oberoi Realty 1775.00
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