Joint Venture9 May 2025, 05:41 pm
Arihant Foundations & Housing Limited Teams Up with Prestige Estates Projects Limited for Real Estate Development in Chennai
AI Summary
Arihant Foundations & Housing Limited has signed a Framework Agreement with Prestige Estates Projects Limited to collaborate and jointly develop real estate projects in Chennai. The partnership aims to explore opportunities across all classes of real estate, including Residential, Office, Retail and Hospitality Developments. Both companies will bring their respective expertise, strengths, brand and market knowledge to deliver high quality developments catering to the evolving needs of the Chennai market.
Key Highlights
- Arihant Foundations & Housing Limited and Prestige Estates Projects Limited have entered into a strategic partnership to develop real estate projects in Chennai.
- The partnership will explore opportunities across all classes of real estate, including Residential, Office, Retail and Hospitality Developments.
- Both companies will contribute their respective expertise, strengths, brand and market knowledge to deliver high quality developments.
- Prestige Estates Projects Limited has over 38 years of experience with 302 completed projects spanning over 193 mn sft, and has presence across 13 Indian cities.
- The rationale behind the partnership is to expand business and develop high quality real estate projects.