Ashiana Housing has acquired approximately 23 acres of land in Chennai. The company plans to develop a senior living housing project. The project has a revenue potential of Rs 1,200 crore. The land was acquired from Mahindra World City Developers Ltd. The project will consist of villas and apartments. Ashiana Housing aims to expand into Bengaluru and Mumbai.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets