Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Arihant Foundations & Housing has informed that the company has acquired two premium land parcels located in the Central Business District (CBD) of Chennai. The first land parcel, situated near Boat Club, is proposed to be developed as a premium office project catering to high-end corporate occupiers. The second location in Kilpauk is planned for a luxury residential development featuring contemporary design and world-class amenities. These acquisitions are in line with the Company’s strategic growth plans and reinforce its focus on creating landmark developments in Chennai’s most sought-after micro-markets. A detailed press release in this regard is enclosed.
The above information is a part of company’s filings submitted to BSE.
