News

Ashoka Buildcon forms joint venture with RDB Real Estate Constructions

16-Jul-2026 | 15:31
For development of Gems & Jewellery Park at Pandri, Raipur
Ashoka Buildcon announced the incorporation of a joint venture company (special purpose vehicle) named Ashoka - RDB Infrastructure & Company along with RDB Real Estate Constructions on 15 July 2026. The company's stake in the new JV is 51%.

The joint venture company has been incorporated for development of Gems & Jewellery Park under Public Private Partnership (PPP) mode at Krishi Upaj Mandi, Mandi Road, Pandri, Raipur (Chhattisgarh).