Rangoli Gardens adjudged as "Best Budget Apartment Project of the Year" by NDTV

Date : Mar 30, 2015

The NDTV Property Awards 2014 has felicitated Ashiana Housing Ltd's "Rangoli Gardens" as "Best Budget Apartment Project of the Year" in Tier 2 cities.

Rangoli Gardens is a project situated in Jaipur (Rajasthan) with the saleable area of approx 2.617 million sq. ft. This project is in partnership under the name of "Megha Colonizers" where Ashiana Housing Ltd. holds 50% economic interest.

Rangoli Garden - the landmark high rise residential reality project by Ashiana Housing and Manglam Developers in Jaipur has brought another laurel to the Pink City. The 26 acre state of the art project has declared "Best Budget Apartment Project of the Year" during NDTV Property Awards, one of the most coveted real estate accolades.

Out of total 4 nominations under the category "Best Budget Apartment's Project in Tier ?II cities" two of Ashiana Housing projects ie. Rangoli Garden Jaipur and Ashiana Bramahnanda, Jamshedpur had been nominated. Rangoli Garden Jaipur declared winner. The selection of winning projects was done on the basis of multiple parameters including all around excellence, timely delivery, facilities, value for money & customer's post handling maintenance etc.

Commenting on this achievement, "Mr N K Gupta, Director, Manglam Group, said, "Rangoli Garden has successfully redefine the skyline of pink city with its superior constructions, luxurious lifestyle and affordability. "Getting a recognition of this level, is a matter of pride not for the developers alone, but the entire residents of Rangoli Garden who helped us to be here today." Mr Gupta Added While congratulating the Residents and Ashiana Manglam Team at Rangoli Garden, Mr Vishal Gupta, Managing Director Ashiana Housing said, " Rangoli Garden is indeed a role model project for us and we shall determine to replicate the success of Rangoli Garden in rest of India too".

Both, Mr Vishal Gupta and Mr N K Gupta jointly received the award.

Rangoli Garden is a 26 acre high rise fully developed and occupied residential project in Jaipur next to Vaishali Nagar. The ample 8.8 acres green space and parks with all modern amenities like club with indoor badminton, gym and pool along with 24hrs power back up, ample water supply, dedicated parking, convenient shopping area etc makes this project a wonderful place to live in.

Besides, Rangoli Garden, Ashiana Housing has also created some finest living destinations in Jaipur including Utsav Senior Living retirement housing, Ashiana Mangalam Villas, Ashiana Greenwood at Jagatpura, Gulmohar Gardens, Vrinda Gardens, Ashiana Umang, are the few names which are equally celebrated residential projects with state of the art club, sports facilities and other modern amenities which comprise of swimming pool, kids play area, & gym, shopping, power back-up, continuous water supply, piped gas etc.

Besides, this award, CNBC has also rated Ashiana as one of the most promising reality player in the coming decade. In past also Forbes' has rated Ashiana among Asia's 200 Best Under a Billion Dollar Companies twice in a row (2010 & 2011). Ashiana Housing Ltd was the only real estate company in 2010 to receive this honour. In addition to the above, Ashiana Housing has been honoured with Zee Business RICS Award, CNBC Awaz Real Estate Award, CREDAI Real Estate Award, Rajasthan Govt's Bhamashah Award and BMA Seigwerk award etc.

Shares of ASHIANA HOUSING LTD.-$ was last trading in BSE at Rs.245 as compared to the previous close of Rs. 234.1. The total number of shares traded during the day was 4120 in over 289 trades.

The stock hit an intraday high of Rs. 245 and intraday low of 225.2. The net turnover during the day was Rs. 950690.

Source And Courtsey By :- http://www.equitybulls.com/admin/news2006/news_det.asp?id=157003