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MoneyWorks4Me

Ashiana Housing’s joint venture acquires land in Tamil Nadu

13 Dec 2021 Evaluate

Kairav Developers, a joint venture company with equal economic interest of Ashiana Housing and Arihant Foundations & Housing, has acquired a piece of land admeasuring 10.44 Acres at Nemmeli Village, East Coast Road, Thiruporur Taluk, Chengelpet District, Sub Registration District of Thiruporur, Registration District of Chengalpattu (Tamil Nadu) to develop a senior living project with approximate saleable area of 5 lakh sq. ft.

Ashiana Housing is a real estate development company. It is engaged in building residential and commercial projects. The firm also offers retirement resorts, group housing, hotels, retail and facility management.

Peers
Company Name CMP
Lodha Developers 1039.50
Prestige EstatesProj 1432.80
Dilip Buildcon 379.00
DLF 694.35
Oberoi Realty 1655.00
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