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Salarpuria Group to invest 3000 cr in real estate projects
| August 24, 2008 |  (Be the first to rate this story!) Loading ... |
Real estate developer Salarpuria Group will be investing about INR 3,000 crore in 12 to 14 projects across the country. These will be a combination of residential, commercial, retail and hospitality which are in various stages of implementation, located in Bangalore, Hyderabad, Pune, Kochi, Jaipur, Kolkata and Visakhapatnam. As per the report, Salarpuria group announced the launch of an INR 1,000 crore, 1,672 apartment residential project; Greenage spread over 21 acres on Hosur Road. The first phase of the project will have 800 apartments being built and is expected to be completed in 30 months. Zachariah Consultants are the architects for this project. Amenities offered are helipads, a creche, tea gardens, a retail area that would have a convenience store, beauty salon, 2 theatres and ATMs and a media centre. The company also plans to build malls in Hyderabad and Jaipur and 2 in Bangalore. Besides, 2 hotels one each at Bangalore and Hyderabad are being planned with investment of INR 160 crore in each project.
News Published Under: Real Estate Developers |
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