Manjeera Constructions ( Manjeera Group) has announced the launch of a premium luxury villa project namely Purple Town located close to the financial district of Hyderabad.
Mr. G. Yoganand, CMD (Chairman and Managing Director), Manjeera Group said, ''Our company is also seeking to woo the NRI (Non-resistant Indian) community with an attractive offer wherein they could borrow in dollar terms and invest here, taking advantage of the weaker rupee. They could also take advantage of the discount for those who invest before the end of December, 2011. This is being developed in the company's existing land bank. Given the market conditions, both for property and the equity market, we are cautious about taking up new projects. The focus is on consolidation of existing ventures.”
Mr. Kishore Kumar, Chief Operating Officer, Manjeera Group, said, “The real estate sector in Hyderabad is on a growth path and we expect to see some accelerated development.”
Purple Town villa located on a 300 sq yard plot with a built up area of 3,400 sq ft is priced at Rs 2 crore
The Rs 40-crore project is strategically located to serve both the IT hub of Hyderabad and also the services industry professionals looking at the new destination.
Mr. G. Yoganand, CMD (Chairman and Managing Director), Manjeera Group said, ''Our company is also seeking to woo the NRI (Non-resistant Indian) community with an attractive offer wherein they could borrow in dollar terms and invest here, taking advantage of the weaker rupee. They could also take advantage of the discount for those who invest before the end of December, 2011. This is being developed in the company's existing land bank. Given the market conditions, both for property and the equity market, we are cautious about taking up new projects. The focus is on consolidation of existing ventures.”
Mr. Kishore Kumar, Chief Operating Officer, Manjeera Group, said, “The real estate sector in Hyderabad is on a growth path and we expect to see some accelerated development.”
Purple Town villa located on a 300 sq yard plot with a built up area of 3,400 sq ft is priced at Rs 2 crore
The Rs 40-crore project is strategically located to serve both the IT hub of Hyderabad and also the services industry professionals looking at the new destination.
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