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Real estate firm Kumar Urban to develop shopping complexes in Pune

1 Comment Sub Category:Commercial Real estate,Pune Posted On: Aug 06, 2012

Real estate firm Kumar Urban Development announced that it will invest Rs 250 core to construct shopping complexes in Pune.

The plan involves developing 6-7 shopping complexes in Pune which would consist of 450 shops.

According to the management sources, the construction would start soon and be completed in the following 18 months. The Pune-based developer plans to sell these shops. The size of shops starts from 300 sq ft onwards and involves a total investment of Rs 250 crore to be funded through internal accruals and debt.

The developer already has presence in Mumbai, Bangalore, Hyderabad, Panchgani and Nagpur and has 14 ongoing projects currently under its belt.

To read more real estate news:

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Commercial real estate, Kumar Urban Development Ltd (KUL), Pune, Pune builders, Real estate in India, Real Estate India, Realty News, Shopping complexes

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» Noida Authority exempts flat owners from paying fine says:

August 6, 2012 at 12:41 pm

[...] Real estate firm Kumar Urban to develop shopping complexes in Pune [...]

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Real estate firm Kumar Urban to develop shopping complexes in Pune

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