Reliance planning to enter low cost housing market
No Comments Sub Category:Uncategorized Posted On: Mar 27, 2012
With the announcement in budget, enhancing the low cost affordable housing projects, Reliance Industries Limited planned to construct the low cost housing projects in India.
Mukesh Ambani, dreamed of constructing affordable housing in 2009. But those plans have not been executed till now.
Now the firm is targeting to utilize the unused lands for constructing the affordable housing projects in several places in Haryana.
RIL also acquired land in Gurgaon region for the construction of SEZ. So the firm is deciding to build low cost housing projects in those areas.
Source : LiveMint
Tags:
Budget, Budget 2012, low cost affordable housing projects., low cost housing projects, Real estate investments, Reliance Industries Limited, SEZ
