A Glimpse at Realty Projects by Big Realty Players

August 20, 2007	(Be the first to rate this story!)  Loading ...
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Starting with the glazing cyber city of Gurgaon, the real estate projects can always be seen in their prime here.

K. Raheja’s Initiative

Richs who are looking for the right living space will soon have some attractive options from Raheja Developers. The company has launched a new residential project in Sector 108, Gurgaon. The project is believed to be the first project to be launched in the newly notified residential sectors of Gurgaon.

To come over an area of 10.67 acres, the proposed residential space would feature 2, 3, and 4 BHK as well as exclusive penthouses and row houses. Adding to value of lifestyle, these houses will undoubtedly come with massive price tags, with the basic rate of Rs 2,375 per sq ft. The project will come up at the Delhi border near Najafgarh. Its proximity to the IGI Airport and the proposed Ring Road of Gurgaon will be a matter of major convenience to the residents.

Punj Lloyd & Ramprastha Group

Close on the heels of Gurgaon in terms of real estate development is Ghaziabad, the industrial city of Uttar Pradesh. Ghaziabad property market is making rapid strides on the back of some notable projects introduced by prominent real estate players. Recently, Punj Lloyd and Ramprastha Group have entered into a joint venture (JV) to develop a multi storeyed residential complex in Ghaziabad.

The JV will come up with residential apartments in Ghaziabad over 29 acres in Vaishali. The construction work will be divided in phases, each covering different locations. The second phase will see to the development of apartments in Indirapuram and Gurgaon, where the Ramprastha holds a large land bank. According to the venture, Punj Lloyd will initially invest a whopping Rs 180 crore and a similar investment is planned by the Ramprastha Group.

What DLF has To Unveil

DLF Ltd, the biggest real estate company in India has plans to invest over Rs 6,000 crore in Gujarat in next 2-3 years. The company envisages development of different real estate projects in Gujarat. These will include the construction of IT Parks, residential, retail and others. Seeing at the distribution, there will be three IT Parks, one each in Gandhinagar, Ahmedabad, and Vadodara. They are believed to involve an investment of Rs 3,000 crore. DLF has also got a formal status for the development of Special Economic Zone (SEZ).

News Published Under:   Real Estate Developers |

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