Tuesday, June 28, 2011

Godrej Properties Ranks high, but Low Demand is a Worry.

The Director of Acron Group stated that the fund for the INR 800-cr project will be upraised by inner accumulations of the company and bookings.

This residential multiplex will be established in six stages. During the primary stage, a sum of four 25-storey buildings will be constructed within 18 months, which comprises 800 apartments. The two-bedroom flats with an area of 900 sqft at the price of Rs 6,000-7,000 per sqft will charge about INR 40 lac- Rs 50 lac. The stamp duty and registration will be an extra budget to the consumer. This project will initiate eco-friendly apartments beset at upper middle class home buyers searching for comfy and economical housing in the core of the city and the housing complex will provide all the contemporary amenities and facilities such as a swimming pool, clubhouse, children’s park, jogging park and a lush green environment.
The project has already started and the apartments will be set for possession on agenda. Meghnani stated, “We wish our buyers to appreciate that housing development occurs at Acron Infra in tandem with nature.”

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