Harmony Infra Ventures will invest around 800 INR-Crore to develop a luxury residential project in Indirapuram, Ghaziabad, Uttar Pradesh. The company has acquired a 100% stake in the land-owning entity for the development. The Horizon Residences, the project is scheduled for completion in 2030. Harmony Infra Ventures expects to generate approximately 1,600 INR-Crore in revenue from the project.
The Harmony Infra Ventures luxury housing project will comprise 264 residential units. The developer is currently marketing apartments in the 6-7.5 INR-Crore price range. According to the company, around 100 units have already been sold. The development forms part of the firm’s residential real estate portfolio across North India.
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The project will add premium housing inventory to the Delhi-NCR residential market. Additionally, it reflects continued investment activity in the luxury housing segment of Ghaziabad. The Harmony Infra Ventures luxury housing project will contribute to ongoing residential development in the Indirapuram micro-market over the coming years.
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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
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