Ashiana Housing and Arihant Foundations to Launch Residential Project in Chennai with Rs 225 Crore Investment
Real estate companies Ashiana Housing and Arihant Foundations have collaborated to develop a new residential project in Chennai, with an estimated investment of Rs 225 crore.
Ashiana HousingArihant FoundationsResidential ProjectChennaiReal EstateReal Estate NewsAug 13, 2024
The companies will invest approximately Rs 225 crore in the project and sales realization is estimated to be Rs 450 crore. The project is expected to be completed within six years, with the first phase scheduled for completion by September 2027. In the first phase, the company is developing 134 units, with prices ranging from Rs 84 lakh to Rs 2.08 crore.Ankur Gupta, joint managing director of Ashiana Housing, expressed his excitement about launching the company's ninth senior housing project in India and third in Chennai.
Frequently Asked Questions
What is the estimated investment in the residential project Swarang?
The estimated investment in the residential project Swarang is approximately Rs 225 crore.
Who are the developers of the residential project Swarang?
The developers of the residential project Swarang are Ashiana Housing and Arihant Foundations.
Where is the residential project Swarang located?
The residential project Swarang is located in Nemmeli, Chennai.
What is the expected completion date of the first phase of the project?
The expected completion date of the first phase of the project is September 2027.
What is the price range of the units in the first phase of the project?
The price range of the units in the first phase of the project is from Rs 84 lakh to Rs 2.08 crore.
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