SVP to invest Rs 140cr to build a housing project at Ghaziabad

Real estate firm SVP Group today said it would invest Rs 140 crore to develop a group housing project at Ghaziabad in Uttar Pradesh.

Real estate firm SVP Group on Wednesday said it would invest Rs 140 crore to develop a group housing project at Ghaziabad in Uttar Pradesh.

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The company would construct 600 housing units in the project 'Krishna Garden' spread over six acres of land at Raj Nagar Extension in Ghaziabad, SVP Group said in a statement.

It has launched the project, which would be completed by March 2013, at Rs 1,950 per sq ft.

Apart from this project, SVP Group is developing around 2,600 apartments and 198 villas in Ghaziabad.

The project cost is Rs 140 crore and investment would be funded through internal accruals and advances from customers, a company official said.