Tamilnadu capital Chennai based Green Tree Homes and Ventures is planning to invest about Rs. 500 crore over the next 3 years in developing residential properties. The company would develop a total of about 20 lakh sq.ft in the next 3 years.
Mr. Pon Ravichandran, Director, Green Tree Homes said, “We are planning to raise funds from PE (Private Equity) players, HNIs (High Networth Individuals) and banks to support us to reach the target. Talks with some PE firms are in an advanced stage and we expect some development in the next 3 to 4 months.We would initially focus on townships and residential projects and eventually launch some commercial projects next year"
Green Tree Homes has a land bank of about 55 acre and plans a 47 acre township project, its second project. The company recently announced its first project, a 605 flat township near the IT corridor at Siruseri, near Chennai, with a project cost of Rs. 150 crore. It would also launch 40 independent villas on the city outskirts on 4 acre. Construction works for the second half is expected to start in 2012.
About Green Tree Homes and Ventures.!
The Chennai based Green Tree Homes & Ventures, is promoted by a group of successful architects & designers with over 2 decades of experience in real estate with insights, competencies and technology to develop integrated townships. Comprising of a complete team of experienced consultants and developers, Green Tree Homes & Ventures employs international standards of mechanized construction to ensure speedy delivery and total customer satisfaction.
Green Tree Homes has to its credit, a number of residential and commercial projects covering about ten lakh sq. ft.
Contact
Email: Shawnk@foday.com
Phone: 240-372-9011
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| Mr. Pon Ravichandran |
Mr. Pon Ravichandran, Director, Green Tree Homes said, “We are planning to raise funds from PE (Private Equity) players, HNIs (High Networth Individuals) and banks to support us to reach the target. Talks with some PE firms are in an advanced stage and we expect some development in the next 3 to 4 months.We would initially focus on townships and residential projects and eventually launch some commercial projects next year"
Green Tree Homes has a land bank of about 55 acre and plans a 47 acre township project, its second project. The company recently announced its first project, a 605 flat township near the IT corridor at Siruseri, near Chennai, with a project cost of Rs. 150 crore. It would also launch 40 independent villas on the city outskirts on 4 acre. Construction works for the second half is expected to start in 2012.
About Green Tree Homes and Ventures.!
The Chennai based Green Tree Homes & Ventures, is promoted by a group of successful architects & designers with over 2 decades of experience in real estate with insights, competencies and technology to develop integrated townships. Comprising of a complete team of experienced consultants and developers, Green Tree Homes & Ventures employs international standards of mechanized construction to ensure speedy delivery and total customer satisfaction.
Green Tree Homes has to its credit, a number of residential and commercial projects covering about ten lakh sq. ft.
Contact
Email: Shawnk@foday.com
Phone: 240-372-9011
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