Arvind SmartSpaces

Industry average among organised real estate currently at 30%

The Board of Directors of approved the allotment of 6.85 million equity share aggregating to about Rs 85 crore to H-CARE 1 and the promoters of ASL at the price of Rs 124/sh

Raises funds from HDFC Capital Affordable Real Estate Fund-1

The firm's consolidated total revenue dipped 53% to Rs 45 cr

The company's consolidated total revenue grew by 21.46 per cent to Rs 94.54 crore for Q3 of FY'20, up from Rs 77.83 crore during the same period of the last financial year

While it has not laid out a strict timeline, ASL could soon join the bandwagon of regional real estate players such as Bengaluru-based Prestige Group, Ozone Group and Purvankara Projects

Titled 'Arvind Elan', the project is spread over a total built-up area of 140,000 sq ft across two acres of land