Property developer Matheran Realty on Monday said that it will sell 15,000 residential units in its Karjat project at Rs 999 a square feet.
The company is setting up a Rs 900-crore mixed-use project at Karjat on 100 acres of land.
The project will have 10-15 per cent reserved for commercial purposes which will help us to recover the margin we may loose from selling residential units, Pravin Banavalikar, Chief Executive Officer, Tanaji Malusare City, said here.
Tanaji Malusare City is the Special Purpose Vehicle of the Karjat project floated by Matheran Realty and a financial institution.
More : economictimes.indiatimes.com
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Mega township for low-income group coming up near Mumbai
Real estate firm Matheran Realty on Friday announced it will build an integrated township at Karjat, about 100 km from here, for people with low income. The flats will be of sizes of 300 to 500 sq ft and priced at Rs 999 per sq ft. The company will erect 10,000 houses about using technology sourced from a leading Australian company. The township will have facilities such as schools, hospital, theatres and retail stores. More : economictimes.indiatimes.com
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