Thursday, July 17, 2008

VATIKA GROWS REALTY PORTFOLIO

Vatika group plans to develop residential-cum-retail district center called India Next in Gurgaon. The center which will consists of integrated group housing, retail space, offices, recreational zones, schools and hospitals will be spread over 30 acres of land. The project is expected to cost of Rs 800 crore and would be complete in couple of years.

India Next will have 6,000 apartment and 4,000 plots for villas and row housing. And just a short stroll from the housing will exists the shopping mall with boutiques, cafes, restaurants and walkways.

Vatika group is valued at Rs 8,000 crore and has diversified real estate business portfolio like group housing, corporate offices, IT parks and SEZs retail complexes in Gurgaon, Ambala and Jaipur.

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