Arihant Superstructures Ltd. has purchased an additional 51 Acres of land at Chowk, Navi Mumbai, thereby completing the acquisition of a total of 76 Acres of contiguous land for its new low-rise project.
The project will consist of Plotted Development & Constructed Villas. Furthermore, the company plans to incorporate a 200-room Hotel-Resort into the project, which will serve as a venue for destination weddings, corporate events, and a convention center, allowing the company to generate consistent revenues similar to a lease model.
The allocation of land will also be carried out to create a Gymkhana Club, which will generate revenue through membership fees.
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