Real estate property market news:
The project will be developed at a total cost of about Rs 450 crore, of which Rs 300 crore will be the development cost and Rs 150 crore will be the land cost.
The project will be developed over an area of one million sq ft and will have total 370 apartments, with nine high rise towers
In the initial phase, the company will launch three-four bedroom flats and in the later stages of the project it will launch penthouses with built up area of 6,500 sq ft.
This new housing project is likely to be completed by the end of 2017.
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