Casagrand plans Rs 2,000-cr realty project in Bangalore
Adding a new project to its project portfolio in the country’s real estate sector, Casagrand has recently decided to build 5.5 million sq ft of residential space at an investment of Rs 2,000 crore in Bangalore. In this connection, the developer has acquired land parcels with a revenue potential worth Rs 13,500 crore, Director of Casagrand (Bengaluru zone), Sathish CG, said, adding that this year, it aims to develop 25 new residential projects across various locations in Bengaluru as it sees huge emerging biz potential in this market. In view of this, the company is planning to scale up its presence by investing more funds and is launching 25 new projects. It has recently launched Casagrand Zaiden, a residential project situated off Kanakapura Main Road where it spreads across 3.69 acres offering 2 BHK and 3 BHK apartments starting from Rs 74 lakh and the project is destined to be completed in the next 24 months.