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Anant Raj launches two new projects in South Delhi & Tirupati; Stock up 2%

Oct 16, 2023

By: BlinkX Research Team

Anant Raj Limited has informed to the exchanges that it is commencing a new project namely "Anant Raj Centre" located in Mehrauli (South Delhi), New Delhi, having a developable area of approx. 700,000 square feet, a mix of Office Space, Hospitality, and Serviced Apartments.

As per the regulatory filing, for this project, the Company got all the approvals for commencement of Construction of the Project, the company said.

Further, the Company through its wholly-owned step-down subsidiary, Jai Govinda Ghar Nirman Limited, is commencing an affordable housing project namely "Anant Raj Aashray-II" located in Electronic Manufacturing Cluster 2 (EMC 2), Tirupati, Andhra Pradesh, developed by The Andhra Pradesh Industrial Infrastructure Corporation (APIIC). 

The Project has a saleable area of approx. 10,00,000 square feet for development of the Affordable Housing.

For this project, the Company got all approvals for the commencement of Construction and selling the Project, the company said in a statement.

At around 1:42 PM, shares of Anant Raj were trading higher around 2% at Rs 238.90 per share on the BSE.