Avalon Group to launch Rs 400 crore realty project
Avalon Group, a Gurgaon-based realty company is taking a giant step in Indian real estate market by announcing its Rs 400 crore investment to develop housing projects in various localities of North India.
Four different projects comprising nearly 3,000 apartments will be launched in the span of next three years at Vrindavan, Bhiwadi and Dharuhera localities of Delhi.
Around 2,100 apartment and housing projects at Bhiwadi and Vrindavan is being offered at the price range of Rs 10-40 lakh.
The overall budget is estimated to cost around Rs 400 crore and the company will fund investments by receiving advances from customers and through internal accruals.
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Source: Business Standard
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