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Era Group invests Rs. 6000 Million on realty projects in Meerut

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As per the sources saying at the www.propertykhazana.com, realty projects in Meerut are taken up by the Era landmarks (India) Limited (ELIL), which is a part of the famous Era Group with a whooping investment of about Rs 6000 million approx. and using this capital the company wants to construct two Townships, an exclusive shopping mall and a multiplex. This housing project includes two townships – Era Aspen Garden and Era Gardenia Estate and it is labeled as ‘Era Mall’. This mall is expected to serve the middle and upper middle class section needs.
Era’s Aspen Garden possesses to be an existing English suburbia which extended over an area of 60 acre approx. and to sustain its uniqueness and giving western look, the villas and townships are build as per the Gothic Architecture.
The township has been planned by the renowned architects Synergy International and designed on the basis of architecture style of the American uptown. It is estimated that both the townships will be completed by the first quarter of the financial year 2008 and the work is on progress.
Era mall is required about Rs 500 million investment pour and will be the first of its kind, featuring the international brands depicting the metro style of shopping centre to Meerut citizens.
According to Mr. Krishna Kant, Chief Executive Officer Era Landmarks (India) Ltd, The construction of Malls and shopping centre clearly shows how the realty business is flourishing in small cities and towns and being in close vicinity to the NCR, Meerut is no more called as a small town. Being one of the developing cities with lot of open spaces, it is best destination for realty business, added Mr. Kant at the www.propertykhazana.com.
Source: NBTVLIVE

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