Arihant Superstructures Ltd.
Arihant Superstructures Ltd. (ASL) has played a major role in transforming the skyline of Navi Mumbai with an epitome of verve. ASL has a glorious clientele, a network of investors and financiers, efficient supply chain and good banker relations. With an uncompromising attitude in terms of quality control procedures, checks at all levels from building materials and construction methodologies to quality of skilled manpower, ASL has consistently created a benchmark in the Real Estate industry. With consistent efforts over time, ASL has constructed more than 37 lakhs sq.ft. of vibrant lifestyle in residential projects. ASL has fulfilled the dreams of more than 5000 people and made happy stories. It has launched 6 new projects in the year 2012.
ASL sold 1017 flats in year 2012 and will be giving possession of 1100 flats this year. ASL , today has bagged 15 million sq.ft. of Real Estate construction to be carried out in the near future reflecting continuing stability and sustainability and consistency.
Arihant 95% of Real Estate segment is in affordable housing. Arihant has always believed in giving extra and has surpassed people’s expectations by giving them more than their expectations. This belief “Ek Sasta Ghar Kharab Ghar Nahi Ho Sakta has earned Arihant Superstructures Ltd., the first PPP project for EWS and LIG in Chokha, Rajasthan the project to construct 1350 houses.
Arihant has undertaken the 125 acre wellness and multi use project which is in the conceptualization and design stage. ASL embarks towards the journey of inclusive growth with a 225 people’s team building it day after day.
ASL is a BSE listed Company of the stock exchange and that reflects transparency, delegation and cultured working system which are well designed and operating fully with a strong structure.
To be the most respected real estate Company in India and abroad
To create homes for 20,000 families in 7 years.
To adhere to the best Corporate Governance & build trust among Stakeholders & Society.
Being in the real estate sector, vulnerable to approvals & construction man power, we have devised risk alerts and MIS to have complete control of projects. This is backed by low debt to equity ratio to ensure smooth finance & no pressure on margins. The land strategies results in acquisition at low cost or right price of land. The Third party expert auditors do meticulous construction audits to keep tab on quality and successful execution of projects.
The company adheres to keep up the corporate governance & transparency. For the scalability & inclusive growth in multiple folds, though being conservative, the board and the management have an aggressive approach towards the business and finance.
FRONTING THE FORCE
Chairman and Managing Director, Shri Ashok Chhajer is the power-steering behind Arihant’s burst of growth. In his words, ‘Quality should not be restricted to the parameters of material specifications and workmanship.’ He is actively supported by highly respected board members and the professional work force at office.