Rs 3,00,00,00,000 sales in just 3 days: This multibagger realty company pre-launched a new project in Adroda, South Ahmedabad!
The stock is up by 57 per cent in 1 year, 123 per cent in 2 years and a whopping 300 per cent in 3 years.
Arvind Smartspaces Limited (ASL), one of India’s leading real estate developers, part of the Lalbhai group, today announced that it has pre-launched Arvind Uplands 2.0 in Adroda, a golf-themed plotted development in Bavla, South Ahmedabad. The first phase of this project with a saleable area of about 4 million sq. ft. amounting to a booking value of over Rs 300 crore was sold in just three days.
This newly pre-launched project is a part of the recent joint development project, spread over approximately 100 acres offering world-class infrastructure. The customers of Arvind Uplands 2.0 will also get a membership of Monogram Resort – Uplands 2.0 Adroda offering various amenities including a golf course and a bouquet of state-of-the-art lifestyle amenities.
South Ahmedabad has emerged as one of the most promising micro-markets for plotted development /weekend homes in Ahmedabad. The area has well-developed connectivity with various parts of the city with close proximity to the various Industrial hubs such as Changodar, GIDC etc.
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On Wednesday, shares of ASL surged 0.66 per cent to Rs 356.80 per share with an intraday high of Rs 368.90 and an intraday low of Rs 353.15. The shares of the company saw a spurt in volume by more than 1.04 times on BSE.
ASL is a Small-Cap company with a market cap of over Rs 1,600 crore. The stock is up by 57 per cent in 1 year, 123 per cent in 2 years and a whopping 300 per cent in 3 years. Investors should keep an eye on this multibagger realty stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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