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Last Updated : Aug 16, 2017 04:00 PM IST | Source: CNBC-TV18

Looking forward for lands in Navi Mumbai: Arihant Superstructures

Arihnat Superstructures reported a strong set of numbers with revenue up by 88 percent. In an interview to CNBC-TV18, Ashok Chhajer, CMD of Arihant Superstructures spoke about the results and his outlook for the company.


Arihnat Superstructures reported a strong set of numbers with revenue up by 88 percent. In an interview to CNBC-TV18, Ashok Chhajer, CMD of Arihant Superstructures spoke about the results and his outlook for the company.

Company has launched two affordable housing projects in the last two quarters and both the launches have given fair response, he said.

The company has witnessed good sales traction in Q1 of FY18, he added.

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Average realisation for the projects would be same as FY17 or higher than what it was in FY17, said Chhajer.

We are looking forward for lands in Navi Mumbai region as it happens to be a very hot real estate destination with the government of Maharashtra’s complete focus on infrastructure more than one lakh and above crore rupees of working going on there, he further mentioned.

For full interview, watch accompanying video...

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First Published on Aug 16, 2017 04:00 pm
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