As part of our Wealth Creator Series , today we look at Ashiana Housing. This is one of the 39 stocks that were short-listed that passed through our stringent stock screen filters.
Ashiana Housing Ltd. follows a differentiated business model which is based on profit-sharing with land owners - and it has paid off well. Its focus on non-metros, in both group housing as well as niche segment of retirement homes, has contributed to the excellent growth. Return on equity has averaged 41 per cent during FY07-11 and revenue visibility comes from its estimated saleable area of 79.20 lakh sq ft.
To read about how we arrived at the list click here. To read about stocks from the Wealth Creator List, click here.
This article was originally published on August 07, 2012.
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