Saha Group to invest Rs 160 crore in Noida
Realty firm Saha Group will invest about Rs 160 crore in the construction of its new housing project in Noida on 6.25 acre land on Noida Expressway that the company bought from another real estate firm Logix, reports PTI. It…

Realty firm Saha Group will invest about Rs 160 crore in the construction of its new housing project in Noida on 6.25 acre land on Noida Expressway that the company bought from another real estate firm Logix, reports PTI.

It would construct 480 units in its project ‘Eminence’ at Noida Sector 150, which is coming up as a new residential hub with the presence of big developers like Tata Housing, Godrej Properties, ATS and Shapoorji Pallonji.

“The construction work has started and the project will be completed in three and half years,” company Director (Marketing, Construction and Sustainability) Aunirban Saha said.

He said the total built up area in this project would be about 8 lakh sq ft. In this festival season the company is selling apartments at around Rs 4,500 per sq ft.

Saha has said the firm has raised about Rs 200 crores as construction finance from Edelweiss group for a portfolio of its four ongoing projects.

Apart from this project, Saha Groupe is developing three other housing projects — ‘Amadeus’ at Sector 143, Noida, ‘Meghdutam Encore’ at Noida Extension and ‘Panchvati’ in Dehradun, comprising a total of 1,000 units.

(ends)

Related Articles

Related

Finding the right Due Diligence Tools

Choosing the best research tools for your enterprise can help reduce the time and effort you spend on exploration. These tools help you to get a better thought of a industry’s connections, financial performance, and legal record. They also allow you to identify a...

read more

TotalAV Antivirus Review

Designed with convenience in mind, TotalAV is a great antivirus collection that offers thorough Learn More Here protection against viruses, malware, malware, plus more. It features an straightforward user interface and a wide range of features to help shield your...

read more

The right way to Conduct a Board Gatherings Overview

During a table meetings overview, directors of a company discuss their latest efficiency, new business options and possible plans for you can actually future. The board also evaluates current and past strategies. The results is a strategy for you can actually growth....

read more

0 Comments

Submit a Comment

Your email address will not be published.

Share This