Multibagger Realty Stock’s Double Triumph: Expanding Horizons in South Delhi and Tirupati

Anant Raj Limited (ARL), formerly known as Anant Raj Industries Limited, is a distinguished name in the world of real estate and infrastructure development, with a legacy spanning nearly four decades. Established in 1985, ARL has steadily risen to become the flagship company of the prestigious Anant Raj Group, under the visionary leadership of the Sarin family.

What truly sets ARL apart is not just its illustrious history but its commitment to the craft of construction and infrastructure development, a tradition that the Sarin family has upheld since 1969. This heritage makes ARL one of the oldest and most trusted names in the National Capital Region (NCR), where it has been shaping the landscape for over five decades.

The company’s portfolio is as expansive as its reputation, with a profound focus on real estate development in prime locations across the National Capital Region (NCR), Rajasthan, and Haryana. ARL is known for its expertise in crafting both residential and commercial spaces that redefine the art of living and working.

Although the Nifty Realty index witnessed remarkable growth last week, with a surge of more than 4%, ARL’s performance may appear modest in comparison, having achieved gains of 0.17%. However, delving deeper into the long-term trajectory reveals a striking narrative. ARL has outshone expectations by surging more than 130% in the last year, an outstanding feat when compared to the Nifty Realty index’s 44.72% increase during the same period.

The most compelling chapter in this success story is the recent announcement by ARL. In a press release that has reverberated throughout the real estate industry, the company declared the commencement of not one but two transformative projects. 

Firstly, ARL is embarking on the ambitious “Anant Raj Centre” project, situated in the heart of Mehrauli, South Delhi. This monumental endeavor encompasses a sprawling 700,000 square feet of developable area, housing a captivating blend of office spaces, hospitality ventures, and serviced apartments. With all the necessary approvals in place, including the prestigious Registration from the Real Estate Regulatory Authority (RERA) of NCT Delhi, the project has been greenlit to redefine the skyline of the capital. The RERA registration certificate, bearing the project registration number DLRERA2023P0009, adds a seal of authenticity and reliability to this grand vision.

Furthermore, ARL is venturing into affordable housing with “Anant Raj Aashray-11,” a project that promises to bring transformative change to Tirupati, Andhra Pradesh. This venture, to be carried out through the company’s wholly-owned step-down subsidiary, M/s Jai Govinda Ghar Nirman Limited, boasts a saleable area of approximately 10,00,000 square feet for the development of affordable housing. Just like its counterpart in Delhi, this project is backed by the requisite approvals, including RERA registration with the project bearing the registration number P10130304032. 

Can this realty stock continue its journey as a multibagger stock, surpassing the Nifty Realty index’s growth? Only time will unveil the answer to this question. However, for today, the stock is likely to be in limelight, with these groundbreaking announcements. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions