In view of the emerging business opportunities in the country’s real estate sector, Ezzy Group has recently set aside Rs.800 crore for building residential property projects in Bengaluru, Managing Director, Hisham Tamiz said, elaborating that the city‘s economic growth in the last 5 years has accelerated the growth of start-up companies like heavy industries and manufacturing, resulting in creating HNI and UHNIs craze to upgrade to a luxury lifestyle. In a recent development, it has infused a total investment of Rs.200 crore to develop 1 million square feet of luxury housing across three new projects, Andalusia, Gallery Central and EzzyTower, all to be launched this year. As a matter of fact, the company announced the pipeline of their upcoming premium projects in the city to be launched in the next 12 months and the group will further invest Rs.600 crore towards development of 3 million square feet of luxury housing over the next four years until 2020.
📅Published on:
07 April 2017
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