Raheja Developers will invest Rs.1000 crore in Delhi real estate
Raheja Developers waiting for the approval for a 108 acres township project at Sohana Nagar, Gurgaon. The projected investment for the entire project will be around Rs.1000 crore.
The developer has submitted the letter of intent to the approval authority and waiting to get the final clearance.
The total investment will be made through internal accruals.
The Raheja developers are working on the design of the township, where almost 800 apartments will be constructed. Along with that independent flats, group housing, villas and plots will be available for buyers.
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Source: Economic Times
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