New Delhi, June 7 (PTI) Realty firm G Square Group has acquired a 714 -acre project from Rekindo in Coimbatore for Rs 707 crore and will be developed as an integrated township.
In a statement on Saturday, the company announced the launch of ‘G Square Seven Hill’, a township project that combines plots and mixed-utilization development.
“Acquisition of a 714 -acre project from Reikindo for Rs 707 crore, marked the latest in a series of major investments that convert Nambator into a major real estate destination,” said this.
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The Kovai Hills Project, which is now re -prepared as G Square Seven Hills, is characterized by 714 acres of land with step 1 and 3,127 premium plots.
The remaining 308 acres of land is nominated for joint ventures with signature villas and apartment developers, built-to-suit IT infrastructure projects, including commercial leases and business parks, malls and multiplexes.
Bala Ramjayam, founder and managing director of G Square Group, said that the township project “shows our commitment to unlock development and development in a city, which is development and strong demand in a city with immense capacity and strong demand for plots” “” G Square also open for big Jeevians to participate in commercial and residential growth within this 714-Ac Township. Is, “He said.
Zee Square is one of the leading developers in South India. PTI MJH TRB
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