Emami Realty to infuse Rs 225 cr to build township in Jhansi
The company will develop the township 'Emami Nature' in two phases
Real estate company Emami Realty will invest nearly Rs 225 crore to develop a 100 acre integrated township at Jhansi in Uttar Pradesh.
The company will develop the township 'Emami Nature' in two phases. Phase-I comprising 54 acre will be launched for sale very soon. It will have more than 200 plots and also develop in the Phase-II.
The township, designed by Singapore architect firm, will have a total built-up area of 48.66 lakh sq ft, of which 27 lakh sq ft in Phase-I.
The development of Phase-I will start in August 2020. It will be completed over the next three years.
Emami Group has so far delivered more than 24 residential and commercial projects, comprising 36 million sq ft area, primarily in Kolkata.
At present, it is developing projects mainly in Kolkata, Mumbai, Coimbatore and Chennai.