Era Infrastructure launches projects worth Rs 310 cr in Meerut
New Delhi, Dec 26 (UNI) ERA Infrastructure (India) Ltd today launched two new projects, ERA Mall and ERA Gardenia Estate, in Meerut and said it will invest a total of Rs 310 crores in their development.
To be located near the Delhi-Meerut highway, ERA Mall will be completed in one-and-half year at an outlay of 60 crores.
''ERA Mall would make eminent business sense for retailers, as the mall would attract significant footfalls and potential customers to tap prospective customers from residents of Meerut, highway travellers and immediate and surrounding community zones,'' the company said in a statement.
ERA Malls will provide ''big city shopping experience with grand piece atrium of architecture, strategically placed escalators, Bubble lifts.'' ERA's big city family entertainment will constitute of billiards, video games from racing to flying, shooting to soccer, table hockey to bump cars. It will also have three silver screens to showcase new movies.
ERA Garndnia Estate will come up near Meerut City Railway Station at an investment of Rs 250 crores over a period of two to three years.
It will be set amongst the greens and will have 40 per cent of open area.
''ERA Garndnia Estate is planned for the 21st century living homes with lawns in front, one way looped road for traffic management, green building, solar energy system, recycled water for irrigation, rain water harvesting keeping in mind the modern living,'' the statement added.
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