Poddar Housing and Development has acquired a land parcel, under joint venture, admeasuring about 71,900 sq mt at Sangli district in the state of Maharashtra through its LLP known as Poddar Anantah Nirvana LLP. The company is having 65% of economic interest in the said LLP.
The company is proposing to build a residential housing project at the same having a salable area of around 1 million sq ft. The Joint Venture Company continues to expand its geographical presence in Tier II cities in addition to the company’s presence in MMRDA.
Poddar Housing and Development (formerly Poddar Developers) is a real estate development company. The company is engaged in the housing segment of the real estate sector.
