| May 18, 2007 | |
Despite all ups and downs, Indian real estate is making rapid strides and attracting more and more property developers to come up with new real estate projects. The latest addition has been scheduled to give a booster dose to residential property in Nashik, the ‘Wine Capital of India”.
Pune based DS Kulkarni Developers Ltd (DSK) and Nashik based Yashashree Constructions Pvt Ltd (YCPL) have joined hands to develop an exclusive residential project in the city.
Based on ‘no common wall’, the complex boasts to be first-of-its-kind in Nashik and will come up near Kamathwade in the city. Involving an investment of Rs 11 crore, the project is to be constructed over an area of 38,000 sq ft.
The complex will have 42 flats in 2 BHK and 3 BHK categories, measuring from 1,270 sq ft. to 1,650 sq ft. Also, no flat will be sharing walls with the other. There will be guest rooms and the servants’ quarters. The cost of each flat will range between Rs 24 lakh and Rs 27 lakh.
Envisaging expanding its horizons in other upcoming Indian cities, DS Kukarni Developers has planned to set on its first joint venture residential project in Nashik. The company is indeed planning to develop another township with 600 flats in Nashik soon.
DSK Group has acquired land in Pune, Bangalore, Hyderabad, Chennai, Delhi and Goa, as a part of its future expansions plans.
News Published Under: Real Estate India |
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