Ashiana Housing eyes Rs 350 cr revenue from new housing project in Jamshedpur
- Country:
- India
Realty firm Ashiana Housing Ltd expects Rs 350 crore revenue from its new housing project in Jamshedpur.
The Company has launched a housing project 'Ashiana Amaya' at Dobo (New Jamshedpur) to expand business amid strong housing demand.
The project, spread across 3.86 acres with a saleable area of about 4.64 lakh sq ft, will be developed under a joint venture model.
The upcoming project, comprising 230 homes, is expected to generate sales realisation of around Rs 350 crore.
The company will sell units at a price starting at Rs 1.34 crore, according to a statement.
The company will complete this project by December 2029.
The investment will be funded through a mix of self-funding and customer advances.
Delhi-based Ashiana Housing Ltd, one of the leading real estate developers in the country, has a portfolio of over 55 projects. It also focuses on development of senior living projects.
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