
Business Update6 Jul 2024, 09:50 pm
ASHIANA HOUSING LTD. Enters Development Agreement for New Group Housing Project in Jharkhand
AI Summary
ASHIANA HOUSING LTD. has announced the entry into a development agreement for a new group housing project on a 3.86-acre land in Jharkhand. The proposed project is estimated to have a saleable area of 4.30 lakhs sq. ft. According to the Regulation 30 of SEBI (LODR), the agreement is with four landowners, has no shareholding relationship or special rights attached, and is not a related party transaction.
Key Highlights
- ASHIANA HOUSING LTD. enters development agreement for new group housing project
- Project located on a 3.86-acre land in Jharkhand
- Estimated saleable area of 4.30 lakhs sq. ft.
- No shareholding relationship or special rights attached
- Not a related party transaction