Ashiana Housing announced that it has entered into joint venture with Maglam Group for development of group housing project at Jaipur. The aforesaid JV aims for development of 131,000 sq. yard land situated in village Kanakpura, Jaipur. It is proposed to develop the same as group housing project. Expected saleable area of the project would be 23 lac sq. ft. with total expected revenues of Rs 5 billion.