Anant Raj Limited to develop 2000 Affordable homes in Tirupati

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New Delhi, August 23, 2019: Delhi based Anant Raj Limited which has been a prominent player in the NCR market since 1969 with an impressive portfolio of projects spread across all verticals – Residential, IT Parks, Affordable Housing, Infrastructure, Hospitality, Commercial complexes and Malls has recently bagged a project from APIIC (Andhra Pradesh Industrial Infrastructure Development Corporation) to develop 2000 Affordable homes in the auspicious city of Tirupati (Andhra Pradesh).

The project will be spread over an area of 10.14 acres in an industrial colony developed by APIIC in Tirupati. The company bagged this project due to its expertise in the Affordable housing segment. It has successfully delivered 2500 Affordable homes in an industrial colony developed by RIICO (Rajasthan State Industrial Development and Investment Corporation) in Neemrana Rajasthan.

Anant Raj is one of the pioneers in delivering Affordable homes well in line with the Honourable Prime Ministers vision of “Housing for all”.

Development in the Tirupati project will commence in the next 3-4 month with a completion target of 48 months maximum. The company has formulated a SPV by the name “Jai Govinda Ghar Nirman Ltd.” for development of this project. It plans to develop 2BHK units with a targeted sale price of Rs. 12-15 lacs only per unit.

Corporate Comm India (CCI Newswire)