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Arihant Foundations’ jointly owned LLP executes agreement to buy land in Chennai

08 Jan 2026 Evaluate

Arihant Foundations & Housing’ jointly owned limited liability partnership (LLP) -- Canopy Living LLP has executed an agreement to sell (ATS) with Sundaram-Clayton for the purchase of freehold land admeasuring 16.381 acre, situated at Korattur Village, Ambattur Taluk, Chennai District, Tamil Nadu. The transaction is expected to be completed on or before February 11, 2026. An advance of Rs 25 crore has been paid, while balance consideration of Rs 535.67 crore shall be paid upon execution of the Sale Deed. 

Canopy Living LLP is jointly owned by Arihant Foundations & Housing and Prestige Estates Projects.

Arihant Foundations and Housing caters to building segments such as villas, apartments, IT parks, hotels, shopping malls, multiplexes, developed plots and commercial buildings. It has a great ability to serve a diverse range of clients from individual home buyers to commercial clients to multi-unit investors.

Arihant Foundn. &Hsg Share Price

885.80 -40.00 (-4.32%)
06-May-2026 09:42 View Price Chart
Peers
Company Name CMP
Lodha Developers 916.55
Dilip Buildcon 474.00
DLF 599.10
Oberoi Realty 1663.10
Ahluwalia Contract(I 877.55
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