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Ozonegroup to decorate Bangalore with Rs 3000 crore

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Realty magnet around the nation is all set to imprint their mark on every major structure. According to recent updates of www.propertykhazana.com the realty tycoon is planning for a mega township which will be valued around Rs 3000 crores in Bangalore. The proposed site will be close to the new international airport of the city. A total land of 150 acres is expected to be included in this mega township but it can also extends up to 1 67 acres for its varied structural services. The name of the project will be Ozone Urbana as revealed by the Chief of the operation officer of Ozone group – K S Sudarshan. A whopping budget of Rs 3000 crores is estimated to complete its decoration as state by the Chairman and managing director of the Ozone group – S Vasudevan.
Further this amount is also inclusive of the acquisition and development of the structure by Rs 1000 crores. Ozone team later explains their scheduled timings at least for 3 to 4 years that is required to complete this township for the public and it is funded through both investors and equity funds. Active involvements of Banks are also narrated by the company’s top order for its findings. With major share holder of Reliance – the urban infrastructure Opportunities Fund is investing over Rs 1000 crores to the Ozone team. The said investment is both by entity and SPV level. Countries known bank in providing housing solutions HDFC is also partnered with the Ozone group for the new endeavor.
Source: NIMMA BENGALURU

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