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Anant Raj Aashray II, Andhra Pradesh

The Company has recently bagged a project from APIIC (Andhra Pradesh Industrial Infrastructure Corporation) to develop 2000 affordable homes in the holy and 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 2600 affordable homes in the State of Rajasthan in an industrial colony developed BY RIICO (Rajasthan State Industrial Development and Investment Corporation) in Neemrana, Rajasthan. Anant Raj Ltd. is one of the pioneers in delivering affordable homes well in line with Hon’ble Prime Minister’s vision of “Housing for all”. Development in the Tirupati project will commence in next financial year with a completion target of maximum 48 months. The Company has formulated a SPV by the name “Jai Govinda Ghar Nirman Limited” for development of this project. It plans to develop 2BHK units with a targeted sale price of Rs. 12-15 Lakh only per unit.