Sahara Group plans Residential Complex in Kochi

April 9, 2008	(1 votes, average: 5 out of 5)  Loading ...
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The Lucknow-based Sahara group has forayed into Kerala with the launch of a 728 residential units apartment complex at Seaport-Airport Road in Kakkanad in Kochi.

According to Sushanto Roy, head of Sahara’s Real Estate Business, the group plans to invest Rs.300 crore in the Kochi project. It has acquired 65 acres at Tripunithura and is scouting for suitable land at other centers in the State.

The Kakkanad project is spread over an area of 14.72 acres and proposes to house 728 residential units. With a total built up area of about one lakh sixty-eight thousand square meters, the project comprises a mix of two to four bedroom apartments, three and four bedroom duplex apartments and penthouses.

The group hopes to deliver the units within a span of three-and-a-half years. The residential units will be priced in the range of Rs.34 lakh to Rs.80 lakh.

News Published Under:   Real Estate India |

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