Private Sector | Uttar Pradesh - India | PID: 175593
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Value: 500 Crore | Realty firm HomeKraft will put in Rs 500 crore over the next five years to develop its first project in Greater Noida
ATS group had launched a new venture HomeKraft in March 2018 to develop mid-income and affordable housing projects in a price range of Rs 30-70 lakh
The first project Happy Trails will be launched in Greater Noida. The project will be developed on 8.6 acre of land where 1,239 flats will be constructed
The estimated cost of the project is Rs 500 crore and will be funded through debt and internal accruals
The construction work will commence from May 2018 and the project is expected to get completed in the next five years
The apartments will qualify under the PMAY scheme, wherein, various concessional schemes of government like interest subvention under credit linked subsidy scheme (CLSS), concessions on GST are available
| Updated on: 25 - Apr - 2018
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