100 acre township project in Noida
Housing Development and Infrastructure Ltd (HDIL) will construct a 100 acre township in Noida. This will be the first project by HDIL outside Mumbai.
In this township project both plots and villas will be sold.
HDIL is aiming to launch new project to enhance the cash inflow which will help them to reduce the debt amount.
HDIL is also planning to launch another residential project in Mumbai. It will be constructed in Ghatkopar suburb.
The launch of the Noida project will happen very soon as HDIL has secured all the required approvals for the project.
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Source: Livemint
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