Avalon group to invest Rs 250cr on housing project at Bhiwadi
Quotes

Avalon group to invest Rs 250cr on housing project at Bhiwadi

Last Updated: Wednesday, August 1, 2012, 14:13
 
 Comment 0
 
Avalon group to invest Rs 250cr on housing project at Bhiwadi
New Delhi: Realty firm Avalon Group has said it will invest about Rs 250 crore to develop a housing project at Bhiwadi in Rajasthan.

The Gurgaon-based company will develop 1,100 flats in the 15-acre project 'Avalon Royal Park'.

"We are launching a group housing project in Bhiwadi at an average price of Rs 2,500 per sq ft," Avalon Group Director Ajay Aggarwal told reporters here.

The size of the apartments would vary from 1,250 sq ft to 2,800 sq ft.

Aggarwal said the investment in this project would be about Rs 250 crore and the company expects a sales realisation of Rs 400 crore over the next four years.

Avalon is developing many housing and commercial projects at Dharuhera and Bhiwadi.

PTI



First Published: Wednesday, August 1, 2012, 14:13


Comments


comments powered by Disqus
G20 Summit 2014
G20 Summit 2014
2014`s Top People in Business: Fortune
2014`s Top People in Business: Fortune
World Bank`s Top 10 Places for Business
World Bank`s Top 10 Places for Business
India`s top ten billionaires
India`s top ten billionaires
Top 10 billionaire cities- In Pics
Top 10 billionaire cities- In Pics

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved