News & Views on Indian Real Estate

Monday, July 14, 2008

Vipul to build housing project in Haryana

Real estate firm Vipul Ltd on Friday said it would invest Rs 250 crore to develop a group housing project at Dharuhera in Haryana. The project - Vipul Gardens - is spread over 13 acres and would comprise 635 apartments with a total built up area of one million sq ft. The total investment in the project is about Rs 250 crore. Dharuhera is in the proximity to three industrial hubs - Manesar, Bawal and Bhiwadi that makes it a preferred destination as an economic hub. Apart from this, superb connectivity with Gurgaon provides an added advantage.