Saha realty Group building ₹160 cr project in Noida
Real estate player, Saha Group has recently launched the construction work on its new housing project in Noida on 6.25 acre land involving an investment of ₹160 crore. In the project, the company would construct 480 units in its new housing project 'Eminence' at sector 150 in Noida, an emerging new residential hub in the national capital market with presence of big developers like Tata Housing, Godrej Properties, ATS and Shapoorji Pallonji, Director (Marketing, Construction and Sustainability), Aunirban Saha said, elaborating that the player had bought 6.25 acre land from Logix group in Sector 150 on Noida Expressway. The construction work has started and the project will be completed in three and half years with a built up area of about 8 lakh sq.ft., where the company is selling apartments at around ₹4,500 per sq ft in this festive season. Meeting funding, the company has raised about ₹200 crore as construction finance from Edelweiss group for a portfolio of its four ongoing projects, he added.
