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Assotech Blith launched in Gurgaon

Comments(2) Sub Category:Gurgaon,Realty News Posted On: May 09, 2012

With the investment of Rs 500 crore the real estate company Assotech and private equity firm Sun-Apollo recently announced the development of a housing project at ,Dwarka Expressway Gurgaon.

The Assotech experts say that they are entering into Gurgaon real estate by launching a 12-acre housing project in partnership with Sun-Apollo.

The project is named ‘Assotech Blith‘ and has been launched at price of about Rs 5,000 per square feet. The project will be ready in another three years.

The estimated cost of the housing project is around Rs 500 crore including land price. Sun-Apollo Real Estate Advisers has invested Rs 75 crore, to pick up nearly 50 per cent stake in Assotech’s subsidiary firm in concern with developing this project.

 

More related stories:

Assotech Realty to launch mixed development

Service apartments to be launched by Assotech Realty

Source: The Economic Times

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