Poddar Housing signs JDA with Sarthak and Shantishobha Ventures

The company is entitled to receive fully constructed 33,706 sq. ft. net usable carpet area.

Jul 22, 2020 03:07 IST India Infoline News Service

Poddar Housing and Development Limited informed the exchanges Wednesday that it has entered into Joint Development Agreement with M/s. Sarthak and Shantishobha Ventures to develop its Dhayari, Pune project.

As a consideration, the Poddar Housing is entitled to receive fully constructed 33,706 sq. ft. net usable carpet area.

After the development the company is trading at Rs156.90, up by Rs0.9 or 0.58% from its previous closing of Rs156 on the BSE.

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