Bengal Aerotropolis Projects launched in the budget housing sector
Bengal Aerotropolis Projects Ltd (BAPL), the specialized infrastructure company engaged in the identification and development of aerotropolis projects in India is currently developing India’s first aerotropolis in Durgapur, West Bengal. This company on Thursday announced that they will enter into the ‘Affordable Housing’ segment.
This move is in continuation with its vision of developing societal infrastructure for the State of West Bengal. Since it is Modi government’s dream to provide ‘’Housing for all by 2022’’, this company also wants to contribute to make that dream come true. The company has associated with Larica Group – one of the major players in the realty segment of Eastern India. They are going to roll out a 10,000- unit budget housing project spread over an area of 10.56 acres. The area chosen is within the residential precinct of Sujalaam – The Sky City in Durgapur.
About 2000 units are to be developed in Phase -I. This project is targeted at the Lower Income Group (LIG)category; and it will be taken up in phases. The project will have world-class amenities like green open space, elevators in each of the residential towers, recreational facilities like that of a Club, swimming pool, indoor and outdoor sports infrastructure.
And the best news is that they dwellings are priced at a reasonable price band of 5 lakh to 15 lakh.
Source- The Times of India
Affordable housing segment, Bengal Aerotropolis Projects Ltd, development of aerotropolis projects, India's first aerotropolis in Durgapur, Larica Group, Lower income group