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New Delhi, Nov 29: Shapoorji Pallonji’s housing platform Joyville will invest around Rs 300 crore to develop new phases, comprising around 750 flats, at its three residential projects in Pune, Mumbai and Kolkata to encash rise in demand. Joyville, which is a Rs 1,240-crore platform established by business conglomerate Shapoorji Pallonji, ADB, IFC and Actis, has so far launched six housing projects — three in Pune and one each in Mumbai, Kolkata and Gurugram. In an interview with PTI, Joyville […]
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Shapoorji Pallonji housing platform Joyville plans to invest around Rs 400 cr by March-end on land acquisition
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Shapoorji Pallonji housing platform Joyville plans to invest around Rs 400 cr by March-end on land acquisitionPTI
Last Updated: Jan 31, 2021, 12:18 PM IST
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In an interview with , Joyville Shapoorji Housing Managing Director Sriram Mahadevan said the platform has around Rs 400 crore balance fund, which will be committed before March 31 on acquisition of new land for development.
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New Delhi: Business conglomerate Shapoorji Pallonji s housing platform Joyville plans to invest around Rs 400 crore on acquisition of 3-4 land parcels in Mumbai and Pune by the end of this fiscal to expand its presence amid recovery in demand of residential properties, a senior company official said. Joyville, which is a Rs 1,240 crore platform established by Shapoorji Pallo
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New Delhi, Jan 24: Business conglomerate Shapoorji Pallonji’s real estate platform Joyville will invest around Rs 400 crore to develop the third phase of its housing project in Gurugram as demand for residential properties has recovered from June last year, a senior company official said on Sunday.
In an interview with PTI, Joyville Shapoorji Housing Managing Director Sriram Mahadevan said the housing sales were hit badly during the April-June quarter of this fiscal year due to the COVID-19 pandemic, but demand has improved significantly thereafter.
Joyville is a USD 200 million mid-income housing platform established by Shapoorji Pallonji, ADB, IFC and Actis.
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