Poddar Housing and Development’s subsidiary -- Poddar Habitat has executed an agreement to acquire a land admeasuring 102.50 acre situated at Village - Mahalunge, Taluka - Chakan, District - Pune along with trunk infrastructure facilities, on a deferred payment terms from Autoline Industrial Parks (subsidiary of Autoline Industries) on September 24, 2018.
The company is proposing to build a residential affordable housing project at the same, having a potential development of more than 8 million sq. ft. over a period of 8 to 10 years. With this acquisition the Company continues to expand its geographical presence in PMRDA cities in addition to 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.
