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Ivory County: County group to invest Rs 5,000 crore in luxury residential project in Noida

County Group plans to invest over Rs 5,000 crore in the development of the ultra-luxury residential apartment complex Ivory County in Sector 115, Noida. The project will consist of 2372 units, developed in three phases, with a revenue potential of Rs 7,500 crore. The project is aimed at luxury and ultra-luxury end-users.

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India News | Country Group to Invest Rs 5000 Cr in Luxury Housing Project in Noida

Get latest articles and stories on India at LatestLY. Real estate developer County Group on Wednesday said it will invest Rs 5,000 crore over the next five years in a luxury housing project 'Ivory County' here. India News | Country Group to Invest Rs 5000 Cr in Luxury Housing Project in Noida.

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County Group to invest Rs 5000 cr in luxury housing project in Noida

The group said it expects a sales realisation of approximately Rs 7,500 crore from the project wherein the investment would be done via self-funding, bank financing and customer advances for bookings.

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County Group to develop Rs 5000-cr ultra luxury housing project in Noida, eyes Rs 7500-cr topline

County Group to develop Rs 5000-cr ultra luxury housing project in Noida, eyes Rs 7500-cr topline
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County Group to invest Rs 5,000 crore in next 5 years on luxury housing project in Noida

The project, that will have 2,372 luxury apartments, has a revenue potential of Rs 7,500 crore approximately. The ticket price of smallest apartment will be approximately Rs 3 crore while the largest ultra-luxury apartment is likely to cost around Rs 12 crore approximately.

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