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Arihant Foundations & Housing intimates on proposed housing project in Chennai

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Capital Market

To be co-developed by its associate company and Ashiana Housing

Arihant Foundations & Housing announced that the Company's associate company Escapade Real Estate has entered into a Development Agreement, on revenue sharing basis with Ashiana Housing; a Delhi based Real Estate Company for development of a 'Senior Living Project' as well as 'Regular Group Housing Project', on 20 acres (approx.) of land with saleable area of 9.70 lakhs sq. ft. (approx.).

The proposed project is coming up at Sengundaram village, Maraimalai Nagar, off GST Road, Chennai (Tamil Nadu).

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First Published: Dec 04 2014 | 5:57 PM IST

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