IVRCL Infrastructures secures 43 acres of land in Noida

New Delhi, Aug 25 (UNI) Construction major IVRCL Infrastructures&Projects Ltd today said it has received allotment of about 43 acres of land in Sector 119 and 121 for Group Housing in Noida.

The company is planning construction of around 2.8 million square feet of housing scheduled to commence in December 2006.

The revenues are expected to flow from the last quarter of the current financial year, a company statement said.

The project would be developed through the company's subsidiary IVR Prime Urban Developers Ltd (IVR PUDL), a company engaged in real estate business. IVR PUDL has recently commenced construction of a mall and IT Park of 2.2 million square feet at Gachibowli, Hyderabad.

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