Ruchi Group Will Construct 796 Luxury Apartments In Kolkata

Ruchi Realty Holdings Pvt Ltd, a business enterprise of the city-based Ruchi group of industries, has embarked on a four hundred fifty crore rupees real estate project for construction of seven hundred ninety six luxury apartments in Kolkata.
Ruchi Realty Vice-President S. Asthana said no 10th june that the project would have the first Sports-based residential condominium here and other exclusive facilities in six towers on seventeen acre on the E M Bypass.
The project’s initial work had started and was projected to be finished by December, 2010.
The highest price of an apartment has been priced at rupees one crore, he said.
Asthana told that other real estate projects undertaken by the company were integrated townships in Bhopal and Indore, in addition residential apartments in Mumbai and business hotels in Bhubaneswar, Jamshedpur and Indore.

4 Comments

  1. Posted June 13, 2008 at 6:44 am | Permalink

    Kolkata property market has been growing by leaps and bounds and is today one of the most lucrative investment destinations in the state. The city has attracted around 25,000 crore in real estate over the past two years.Improvements in the city will pave way for more investments and make the investors feel confident about selling their real estate projects. Kolkata possesses an untouched potential and is likely to see an astronomical growth of 25-30 per cent in very near future.For more view- realtydigest.blogspot.com

  2. Posted June 18, 2008 at 2:45 am | Permalink

    Well, people are expecting more n more from this project.

  3. Posted June 24, 2008 at 5:57 am | Permalink

    Kolkata property market has emerged as one of the most lucrative destinations for real estate investments and in the last two years, it has attracted a total amount of Rs 25,000 crore from real estate investors.

  4. Posted July 15, 2008 at 5:58 am | Permalink

    The real-estate market in Kolkata has been largely unaffected by the soaring inflation and the US economic crisis. While the sales and price figures in other metros and cities have shown signs of cooling down, the prices in Kolkata have increased by 7-10 per cent over the last four months. The city has managed to avoid a crisis because prices here had never reached ‘unrealistic’ proportions. Kolkata’s real-estate market is also relatively stabilized since the number of speculative investors here is much less compared with end-users.For more view- realtydigest.blogspot.com

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