Arihant Foundations & Housing has acquired two prime land parcels in Chennai's Central Business District (CBD), with a total gross development value (GDV) of Rs 500 crore.
The first project, near Boat Club, will be a premium office development targeting high-end corporate tenants. The second, in Kilpauk, will feature luxury residential apartments with contemporary design and world-class amenities. These acquisitions align with Arihant’s strategy to expand its presence in the city’s premium real estate segment, combining design excellence with exceptional connectivity.
Managing Director Kamal emphasised the company’s commitment to elevating Chennai’s real estate landscape with landmark developments that offer lasting value. The new projects will further strengthen Arihant’s portfolio and contribute to its strategic growth.