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Company Information

Arihant Superstructures Limited is a real estate company with a predominant focus on the affordable housing segment. We have Dominant presence in high growth regions like Mumbai MMR (Badlapur, Shil Road, Taloja – Kharghar, Vashi, Navi Mumbai, Panvel, Karjat and Khopoli) and Jodhpur. The group has a history of having delivered more than 8863 homes with about 7.5 mn square feet of space constructed which came from roughly 50 projects. Currently we have about 13,188 homes under construction with an area of 13.5 mn sq ft. under development and there are 16 projects under construction

Arihant has completely integrated in-house capabilities of Land Acquisition & Procurement, Liaison, Design & Engineering, EPC and Marketing & Sales. This further ensures tight control and quality considerations and the Company never compromises on additional features like tiles and fittings etc which are standardised across all projects. This is one of the reasons why customers prefer Arihant as a builder as evinced by many awards that we have won to date.

Mr. Ashok Chhajer

Chairman & Managing Director

Is the Founder & Promoter of Arihant Group. He holds the key position of Chairman & Managing Director in the company. He has been augmented with 20 years of varied experience in Cloth Trading & Manufacturing, Edible Oil Refinery and Real Estate with a core focus on Real Estate Business. He has initiated the real estate business in Navi Mumbai in 1994. He has been instrumental in forming brand "Arihant" and setting up various real estate projects.
Since then Arihant Group, under the dynamic leadership of Mr. Chhajer, has grown leaps and bounds to become one of the prominent Real Estate Developer in MMR – Navi Mumbai and Jodhpur (Rajasthan) region.
He has imparted complete transparency and commitment to the Group which enhances good corporate governance and secures every stakeholder's interest in the company

Mr. Akshay Agarwal

Promoter & Director, Group companies of Arihant Superstructures Ltd.

Young and dynamic is full of positive vibes; ensure that the same gets flown to his fellow colleagues. Studied in USA with dual specialization in Marketing & Logistics from Ohio State University, Columbus USA. Remarkably he has added qualification in Hospitality from Carlson Worldwide. Has been instrumental in increasing the revenue single handed & functional policy finalization.

Mr. Nimesh Shah

Whole-Time Director

Is the Whole -Time Director & Chief Project Officer (CPO) of all the projects undertaken by Arihant. Bachelor of Engineering in Civil, he is the core person of the company having more than 17 years of experience in construction and related activities. He is actively involved in all the nuances of engineering includes detailed Planning & Execution, Project Estimations, Infrastructure & Site organization of the projects. He was Involved in several turnkey projects of Water supply & Sewerage Scheme for Govt. of Maharashtra and successfully commissioned them. He was earlier associated with Hiranandani Builder, Powai and Soham Builders, Than

Mr. Dinesh Chandra Babel

Independent Director

Is an Independent Director of the company and a Fellow member of Institute of Chartered Accountants of India and also a Bachelor of Law. He has 30 years of wide-ranging corporate experience in industries like Steel, Cement, Chemical, and Engineering etc. He had associated with renowned Companies like Ispat Industries Ltd, Birla Corp. Ltd, Jai Prakash Ind. Ltd, J. K. Corp. Ltd etc. His enriched experience in the field of finance, taxation & audit help board for the better decision making in business.

Mr. Vinayak V. Nalavde

Independent Director

Is an Independent Director of the Company. He is a graduate in Bachelor of Commerce (B.Com) and passed the intermediate level of ICWA. He has rich experience of Class I position in Various Government Organisations and has worked with CIDCO for 25 years on various designations like General Manager, Financial Advisor and Joint MD. His enriched experience in the field of Accounts, Finance & Administration will help the Board for the better decision making in business.

Mr. Raj Narayan Bhardwaj

Independent Director

Mr. Bhardwaj did his Graduation in B.A. (Hons.), and Post Graduation in M.A. (Economics) from Delhi School of Economics, affiliated to University of Delhi. Mr. Bhardwaj also did DIR & PM from Punjabi University, Patiala. Mr. Bhardwaj is the Former Chairman & Managing Director of LIC of India. He is also former Member of Securities Appellate Tribunal, Government of India and Ministry of Finance. He has served as Executive Director (Investments) and Chief (Investments) in LIC of India between May 2000 to November 2002. Mr. Bhardwaj was nominated as Member of the Committee appointed by the Government of India in 2001 to study Investment Management and held discussions with Fund Managers in Europe and USA.

Mr. Virendra Kumar Mital

Independent Director

Mr. Virendra Kumar Mital is a 1971 IIT Delhi graduate in Civil Engineering. He is a Chartered Engineer and a Fellow of the Institution of Engineers (India).
He has rich experience in execution of Hotels, Residential, Commercial and Industrial Projects. He has executed prestigious projects all over India and abroad. He has worked in ITC Ltd, The Leela Ventures, Ansal Properties & Industries, Renusagar Power Company, Mukand Ltd and others. His rich experience shall be a great asset to the organisation.

Mrs. Vijayalakshmi Iyer

Independent Woman Director

Mrs. Iyer has Graduated from M.L. Dahanukar College of Commerce and did her post-Graduation from Sydenham College of Commerce, Mumbai. She is also a fellowship of CAIIB of Indian Institute of Banking and Finance.
Mrs. Iyer is the former Chairperson and Managing Director of Bank of India with nearly four decades of service and contribution to the Indian Financial Sector.

  • Competent Management
  • Timely Completion of Projects
  • Track Record of Building Quality Spaces
  • Thousands of Happy Customers
  • Delivered Gamut of Products
  • Good Track Record with Banks & FIIs
  • Preempting the Market Pulse
  • Identifying 'In-Demand' Locations
  • Glorious Clientele & Efficient Supply Chain Relations