Unitech launches 'Grande' project for Rs 1582 crore

By Staff
|
Google Oneindia News

New Delhi, July 5 (UNI) Leading real estate major Unitech today launched its ultra luxurious residential project in the outskirts of national capital which will include hospitals, schools, multi-cuisine food courts and an integrated sports complex spread over 347-acres of land.

The land acquired at a record sum of Rs 1,582 crore in Noida is the country's largest land deal and is estimated to generate Rs 15,000 crore, Unitech Managing Director Sanjay Chandra said.

The project comprises of 90 towers of which eight are 'iconic towers' and four gateway towers which will have 36-45 floors.

The apartment area varies from 2,200-5,500 sq feet including duplex and penthouses.

The cost will vary from Rs 7,000-7,500 per sq ft.

The project will be completed by 2014 in four phases and the first phase with 670 units will be ready in the next 39 months.

''The bookings have already started and 25 per cent of the first phase are already booked,'' Mr Chandra said.

A Greg Norman signature golf course will be located centrally with membership open only to residents of Grande.

The residential project also encompasses 12 theme gardens covering 100 acres, a Habitat Centre with 1,000-seater convention centre, a 400-seater auditorium, Food and Beverages outlets and bowling alleys.

UNI

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X