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Jaipuria’s Rs. 250-Crore Housing Project

By: property vertical, Fri Aug 11th, 2006 01:11:26 PM

Punjab Real Estate: 800 Housing Units On 18-Acres Recently announced, the real estate division of Jaipuria Group will soon be launching its mega-housing project in Zirakpur, on the outskirts of Chandigarh, under the name tag of Sunrise Greens. According to company officials, spread over 18-acres, the project will comprise of 800-housing units carrying an investment of Rs. 250-crores. Comprising of two, three bedroom apartments, penthouses and customised ground floors, the proposed housing is hoping to tap a number of potential clients in Chandigarh, even as, the Jaipuria Group plans to expand in to the heart of Punjab, and is in the midst of acquiring land in Ludhiana, Amritsar and Jullunder. To be completed in the next 18 to 24-months, Sunrise Greens two-bedroomed apartments will cover 1,227 sq. ft., while three-bedroomed houses will have an area of 1,713 sq. ft., and the average price of these units will be Rs. 2,000 per sq. ft. Of the 800-units, 65-each will be penthouses and customised ground floors. Strategically located from Chandigarh’s downtown, the project is 8-km from Chandigarh Railway Station, 6-km. from Panchkula Bus Stand, 10-km. from Chandigarh’s Sector 32, Government Hospital, including a number of upcoming shopping malls. A good option for working couples, Sunrise Greens will have facilities like security, swimming pools, uninterrupted power, supply, Wimax Internet connection and piped gas supply. From the major developments going on, it is reasonable to expect property prices to stabilise in the face of enough supply to meet the demand. As always, real estate is the best investment, as land appreciates in value over the years! Acquire information on Real Estate at http://www.propertyvertical.com For information on Real Estate Property in Delhi, Gurgaon and surrounding areas Visit http://www.propertyvertical.com/delhi

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Jaipuria’s Rs. 250-Crore Housing Project

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