In a bid to develop a housing project at Bhiwadi in Rajasthan, realty firm Ashiana Housing is planning to invest around Rs 800 crore over the next seven years. In this regard, the company has purchased land of about 52 acre in Bhiwadi where 4,000 units will be developed in phases.
This will be the company’s eighth project in Bhiwadi. The total development in this project would be 5 million sq ft, he said, adding that the project would be completed in the next seven years. Further, the company has fixed the basis selling price (BSP) at Rs 2,550 per sq ft.
Recently, the company had launched Ashiana’s largest project Ashiana Town located in Thada, Bhiwadi. The entire project is spread across 51.45 acres of land and the first phase of it has been launched for customer bookings.
Ashiana Housing is a fast growing real estate developer with its head office in New Delhi, India. The company has presence in group housing, active senior living, retail, hotels and facilities management.
| Company Name | CMP |
|---|---|
| Lodha Developers | 871.70 |
| Dilip Buildcon | 457.55 |
| DLF | 601.80 |
| Oberoi Realty | 1710.00 |
| Ahluwalia Contract(I | 832.90 |
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