Ashiana Housing to develop group housing project in Pune
Delhi-based real estate developer Ashiana Housing has signed a memorandum of understanding with a Pune based developer for development of a group housing project near Hinjwadi in Pune.
The project spread over 19 acres, will be developed on a revenue sharing basis. The expected saleable area would be 12.5-15 lakh square feet, the company said in a BSE filing.
The company plans to launch the project within 12-18 months as various stages of approvals are pending at present, according to Varun Gupta, Director, Ashiana Housing.