Hiranandani constructions to invest Rs 3,000 crore in realty sector
Mumbai based developer Hiranandani Constructions is all set and ready to invest Rs 3,000 on various realty projects across the country.
Hiranandani Construction experts say they would be investing nearly Rs 2,000 crore to Rs 3,000 crore for many new launches by the end of 2012.
The company will be investing on residential and hospitality sectors in major cities like; Chennai, Mumbai and Pune.
When asked about the price hike to mitigate their construction project, Hiranandani replied saying that the prices will be raised by 10-15 per cent in real estate market.
Source: The Economic Times
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