MoneyWorks4Me

Arihant Superstructures buys additional 51 acres land at Chowk

20 Jun 2023 Evaluate

Arihant Superstructures has completed an outright purchase of additional 51 acres of land at Chowk, Navi Mumbai. With this the company now has totally acquired 76 acres of contiguous land for its new low-rise project comprising of Plotted Development & Constructed Villas. The project shall also be designed with a 200-room Hotel-Resort which can be used for Destination wedding ceremonies, corporate events and convention center enabling the Company to generate consistent revenues similar to a lease model. Land allocation will also be done to design a Gymkhana Club, which shall generate membership revenues.

Arihant Superstructures (ASL) is a leading real estate company. It also focuses on making quality lifestyles affordable for its discerning patrons, which epitomizes the core value of the group.

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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