04/22/2008

Mantri forays into Chennai with new township



 

Mumbai: Realty Company Mantri Realty is betting big on south India and plans to foray into Chennai in Tamil Nadu and Belgaum in Karnataka with high- end residential townships. “We foresee a tremendous potential in Chennai in Tamil Nadu and Beglaum is just beginning to take- off. We are very bullish on both these new

Destination, “told the Mumbai- based company’s Chairman Sunil Mantri.

The company, which has committed and investment of Rs 1, 700 crore over the next three years in the south, is already present in a big way in Karnataka and Andhra  Pradesh with a land- bank of 600 acres and 100 acres respectively. “We are also contemplating building an IT SEZ over 25 acres in on of the campuses, “ Mantri said.

 

                                                                                                                                                                                        E.T 31-03-2008



Categories: real estate india
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