Ashiana Housing has got RERA registration of Phase I of 'Ashiana Daksh' project in Jaipur. The project is opened for expression of interest and will be launched on 5th December 2019, with a total saleable area of 7.04 lac square feet.
Company has also launched Phase I of another project 'Ashiana Aditya' in Adityapur, Jamshedpur with a total saleable area of 6.72 lac square feet.
The management had earlier guided for a robust growth during the current year on the back of new phase launches as well as new project launches. This is a positive development and should contribute to meaningful growth in area bookings in H2FY20.
Read the Management Meet Note we had shared earlier: https://investor.stalwartvalue.com/stock_reports/1501/report_updates/335?presentation_mode=true#/