Arihant Superstructures Ltd (ASL) is a real estate company in India. It is recognized for its substantial contributions to the housing sector. The company operates predominantly in high-growth areas. These include Mumbai Metropolitan Region (MMR) and Jodhpur, Rajasthan.
Arihant's operations comprise complete real estate development. This includes land acquisition and design, planning, execution, and marketing of projects.
The company has completed more than 8863 homes. This equals to constructed space of around 50 projects. Presently, the company has about 13,188 homes under construction. This equals to development space of 16 ongoing projects.
Core Business & Services
Arihant Superstructures Ltd (ASL) specializes in the real estate development sector. It focuses on providing affordable housing solutions. The company's core business activities span the full spectrum of real estate development.
The services offered by Arihant Superstructures Ltd are comprehensive. They cover every phase of a real estate project's lifecycle. These services consist of
Land Acquisition & Procurement
The company identifies potential land for development. It secures the ownership or rights to develop it.
Liaison & Execution
ASL manages the process of obtaining all necessary approvals and permissions from the government. This confirms compliance and project viability. Arihant also constructs projects maintaining high-quality standards and timely completion.
Design & Engineering
The company engages in planning and designing projects. They are made to meet the aspirations of their customers. It also maintains the standards of the industry.
Marketing & Sales
The company actively markets and sells its projects. It employs various strategies to reach potential buyers and close sales.
Projects
Arihant Superstructures Ltd (ASL) has undertaken several projects. They have achieved numerous milestones in the real estate sector. Some of their projects are as follows:
Arihant Aarohi & Arihant Adita
It is a residential project that offers modern amenities and quality living spaces. Adita is located in Jodhpur. They offer comfortable and stylish living solutions.
Arihant Anaika & Arihant Arshiya
These are a series of projects in Taloja. They provide affordable homes with essential facilities. Arihant Arshiya is near Khopoli. It is known for its scenic beauty and modern amenities.
Arihant Aloki & Arihant Anmol
This is situated in Karj and it offers serene living spaces amidst nature. Anmol is a project in Badlapur East. It focuses on creating value-for-money homes.
Achievements
ASL has gained numerous achievements from its projects. Some of them are:
Delivering 8863 Homes
ASL has delivered more than 8863 homes. They are constructed over 7.5 million square feet of space which is approximately 50 projects.
Ongoing Developments
ASL has about 13,188 homes under construction. They cover an area of approximately 13.5 million square feet across 16 projects.
Safety Measures
ASL is known for integrating innovative safety features into its projects. One of these measures includes the vertical fire escape chutes in Arihant Abhilasha. This was India's first-of-its-kind safety feature in residential buildings.
Awards & Recognitions
The company has received numerous awards and recognitions for its quality, and safety standards. They have also been recognized for their contribution to the real estate sector.
Arihant Superstructures Ltd (ASL) has established a significant market presence in the real estate sector, particularly in the affordable housing segment. Their strategic operations are mainly concentrated in the Mumbai Metropolitan Region (MMR) and Jodhpur, Rajasthan. This focus has enabled ASL to cater to a broad spectrum of customers looking for quality and affordability in their living spaces.
Future Projects & Strategy
ASL is poised for further growth with a clear strategy and several future projects in the pipeline. Their future strategy includes:
Expanding Geographic Footprint
ASL aims to explore new geographic locations. These new locations present high growth potential in the affordable housing sector.
Diversification of Projects
The company plans to diversify its project offerings by including commercial spaces. This will cater to a wider audience and tap into new market segments.
Sustainable Development
The company is focusing on incorporating sustainable and eco-friendly practices in its construction processes. This approach will cater to the demand for green living spaces. It also aligns with global trends towards sustainability.
Innovation & Customer-Centric Approach
The company continues to innovate in terms of construction technology, safety features, and customer service. This includes adopting new technologies to enhance the quality of construction. It also helps focus on customer satisfaction to build long-term relationships.
Financial Position
Arihant Superstructures Limited has a varying financial performance for the fiscal year 2024. The EPS improved reaching ₹3.11 compared to ₹2.21 in 2023. Its capitalization rose significantly from 882.9 million INR in 2021 to 8,185 million INR in 2023.
The Arihant Superstructures share price was trading at 316.55 INR as of the last update. This marked a decrease of 1.43% at the close. The company's performance over the past year demonstrated significant volatility, with a 52-week share price range between 158.55 INR and 416.00 INR.
Conclusion
To conclude, Arihant Superstructure is a real estate development company in India. It has done a vast amount of projects in the country and more of them are ongoing. It offers all the processes related to construction. The company specializes in residential housing and is now moving to the commercial sector as well. It has achieved various achievements over the years. The company is all set to go one step ahead of its current position.