Realtor acquires land at Nemmeli village, plans to set up senior living project
The Hindu
The ₹120 crore project is by joint venture firm Kairav Developers Ltd
Arihant Foundations & Housing Ltd and Ashiana Housing Ltd-backed joint venture firm, Kairav Developers Ltd, has acquired a piece of land measuring 10.44 acres at Nemmeli village, Thiruporur taluk. The company will be developing a senior living project on this land bank, with an approximate saleable area of 5 lakh sq. ft.
“The development cost for the project would be approximately Rs.120 crore,” Kamal Lunawath, Managing Director of Arihant Foundations & Housing Ltd said. The project will be executed by Ashiana and Arihant together.
For the first time in a Lok Sabha election, the AIADMK forfeited deposits in seven constituencies. For the ruling DMK, the verdict is seen as a popular endorsement of the functioning of its three-year government under Chief Minister M.K. Stalin. The outcome indicates that the BJP, whose Hindutva ideology has all along been considered alien to the political ethos of Tamil Nadu