NEW DELHI: Ashiana Housing has entered into a memorandum of understanding (MoU) to develop a senior living project on a land admeasuring around 12.50 acres located at Kanakpura Road, Harohalli, Karnataka.
The saleable area of the proposed group housing project is estimated at around 11 lakh sq ft.
The MoU has been entered with three individuals who are owners of the land and the joint development agreement will be executed within the next six months.
Separately the company also informed that it has entered into an agreement to lease to develop a group housing project on a land admeasuring around 20 acres located in the social infrastructure zone of Mahindra World City, Jaipur.
The saleable area of the proposed group housing project is estimated at around 20 lakh sq ft.
Agreement is entered into with Mahindra World City (Jaipur) and lease deed will be executed within the next 90 days.
