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Anant Raj Group Realtors wish to make an input of Rs. 450 crore

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The Anant Raj group realtors is ready to make an investment of Rs. 450 crores for buying of land for construction of small houses in North India because of a fall in the rates of properties. The firm which is situated at Delhi has cash to the tune of Rs. 800 crores, out of which it has set aside Rs. 450 crores for buying land and the remaining may be used execute the projects at hand.
The Company’s Director says at the www.propertykhazana.com that it is a great time now to go for small housing and land which is an important factor can be acquired at affordable prices, he also stated there was a decline in the rates of prices of land by nearly 65% in North India and in major cities Delhi and Gurgaon, the rates have come down by nearly 50%.
Consultations are on the way with builders of small group to acquire unsold properties that are in abundance at present because of a downtrend in the realty industry. Right now the company is possessing nearly 1000 acres mainly in the NCR area, adds the source at www.propertykhazana.com.
The company having funds up to Rs. 800 crores without any liability wants to increase its business by acquiring more land which would be main ingredient for executing small housing projects.
The realty sector in order to curb the decline in the property segment are aiming to start cheap houses and as such the government has come in their way by offering less interest rates to promote such projects. For more and latest realty information browse www.propertykhazana.com.
Source: NBTVLIVE

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