Mumbai, India: April 26, 2023- Arihant Superstructures Ltd., a leading real estate developer in India, has announced that its total revenue potential, including upcoming launches, is estimated to be around INR 8,000cr. The company attributes this success to its strategic allocation of funds to new projects that have the potential to generate multiple streams of revenue. In addition to their strategic investment strategy, Arihant Superstructures Ltd. has implemented appropriate price hikes and has benefited from the easing of commodity prices, which has led to a recovery in margins. These factors, along with the company’s dedication to gaining market share from micro markets and generating free cash flows from existing and new projects, have contributed to their strong growth trajectory.
“We are thrilled to announce our estimated revenue potential of INR 8,000cr, which is a testament to the hard work and dedication of our team,” said Ashok Chhajer, Managing Director of Arihant Superstructures Ltd. “Our strategic investment strategy and commitment to innovation have allowed us to continue to grow despite challenging market conditions.” Arihant Superstructures Ltd. has a number of upcoming launches in the pipeline, with a revenue potential of over INR 1,400cr. The company is confident that these projects, along with their existing portfolio, will continue to generate significant value for their stakeholders.
As the Indian real estate market continues to evolve, Arihant Superstructures Ltd. is committed to remaining at the forefront of innovation and delivering exceptional value to their customers. With their strong financial position and dedication to excellence, the company is well-positioned to continue to grow and thrive in the years to come.
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