Eros Group Launches New Housing Project in Greater Noida West
By Rediff Money Desk, New Delhi Sep 16, 2024 14:39
Eros Group expects Rs 900 crore revenue from its new housing project 'Eros Sampoornam 3' in Greater Noida West, comprising 726 units. The project is spread over 5.5 acres and is scheduled to be delivered by 2028.
New Delhi, Sep 16 (PTI) Realty firm Eros Group is expecting around Rs 900 crore revenue from its new housing project in Greater Noida (West) on strong demand for premium residential properties.
The company has recently launched its new housing project 'Eros Sampoornam 3' in Greater Noida West comprising a total of 726 units. The project is spread over 5.5 acre and is scheduled to be delivered by 2028.
To begin with, Eros Group has opened 318 units across five towers for sale and has already sold around 180 units valuing Rs 250 crore.
Avneesh Sood Director, Eros Group said, "The early sales success reflects the trust and confidence that homebuyers have in our brand."
A company official said the total sales realisation for the entire 726 units is expected to be around Rs 900 crore. The carpet area of flats ranges from 531.63 square feet to 1,068.67 square feet.
Eros Group has already delivered its 12.5 acre housing project 'Sampoornam' comprising 1,768 units. It will soon offer possession for 'Sampoornam 1' having 258 flats and 90 shops while the delivery of 'Sampoornam 2' will be in September 2025.
Eros Group is also into the hospitality and entertainment business.
The housing market has revived strongly after the COVID pandemic across major cities.
The company has recently launched its new housing project 'Eros Sampoornam 3' in Greater Noida West comprising a total of 726 units. The project is spread over 5.5 acre and is scheduled to be delivered by 2028.
To begin with, Eros Group has opened 318 units across five towers for sale and has already sold around 180 units valuing Rs 250 crore.
Avneesh Sood Director, Eros Group said, "The early sales success reflects the trust and confidence that homebuyers have in our brand."
A company official said the total sales realisation for the entire 726 units is expected to be around Rs 900 crore. The carpet area of flats ranges from 531.63 square feet to 1,068.67 square feet.
Eros Group has already delivered its 12.5 acre housing project 'Sampoornam' comprising 1,768 units. It will soon offer possession for 'Sampoornam 1' having 258 flats and 90 shops while the delivery of 'Sampoornam 2' will be in September 2025.
Eros Group is also into the hospitality and entertainment business.
The housing market has revived strongly after the COVID pandemic across major cities.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 9.50 (+ 3.60)
- 98491250
- GTL Infrastructure
- 2.32 (+ 4.98)
- 74918021
- Advik Capital
- 3.25 (+ 7.97)
- 34086998
- Jaiprakash Power Ven
- 20.03 (+ 8.45)
- 26873790
- Spicejet Ltd.
- 62.80 (+ 9.10)
- 26113604
MORE NEWS
Shirdi Saibaba Sansthan: Tax Exemption on...
The Bombay High Court has ruled that the Shri Saibaba Sansthan Trust is eligible for...
CCI Approves JM Financial's Stake Buy in Credit...
India's Competition Commission (CCI) has cleared JM Financial's acquisition of a 43%...
India Mobile Congress 2024: Over 900 Startups...
Over 900 startups are expected to participate in India Mobile Congress's Aspire...