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Old 17-04-07   #1
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Default Pallonji to launch a Mass Housing Project in Kolkata

India’s largest mass housing project, SP Shukhobrishti, is set for launch. To be developed by the real estate major, Shapoorji Pallonji, the project will comprise of two enclaves named as ‘Spandan’ and ‘Sparsh’.

The Rs 1500 crore project will comprise of 765 four storied apartments and 100 fourteen storied apartments. Of total 20,000 dwelling units to be spread over an area of 150 acres, 19.999 will be allotted to lower income and middle class income groups. The complex, SP Shukhobrishti, is scheduled to be built in phases and expected to be over by early 2011.

The Township will also have an array of facilities including two primary schools, health centre, shopping arcade, provision stores, community centres, children’s play area, amphitheatre, entertainment and two clubs.

The Township will be located in Action Area-III in the New Town of Kolkata.

Marketing activities will be put on course in the fourth week of April 2007, with sale of brochures to start from April 30, 2007.

The project will exemplify quality construction and facilities to residents in the same segment, says Shapoorji Pallonji & Company Limited. Indeed, ‘Shukhobrishti’ means ‘shower of happiness’ in Bengali.

The company has already started the sale process considering it to be the best time after the beginning of the Noboborsho’ to book the flats, says Subir Dev, vice president of SPCL Real Estate.
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