Sahara announces 10 new residential projects

Sahara announces 10 new residential projectsSahara Infrastructure and Housing has announced 10 residential projects in several cities across the country including Pune, Aurangabad, Jodhpur, Gwalior, Bareilly, Solapur, Porbandar, Katni, Kashipur.

Sahara Turner Constructions Limited wll undertake the managing work for the 10 projects. The projects are likely to be completed in the next five years and the possession of units by people is likely to begin in the next 2 to 3 years. The company is looking to offer residential units priced between Rs 5-15 lakh in more than 350 cities in the country.

Managing Worker and Chairman Sahara India Pariwar, Subroto Roy further announced 58 projects across the country this fiscal year. Out of the total 58 projects, 21 will be township projects and 37 will be for affordable housing. The projects will help meet the supply gap for housing for the mass market.

The company is aiming to deliver more than 2000 residential units during the fiscal year. The 10 townships and 58 new projects besides ongoing eight township projects will be added in January 2013 and will cover an area of 900 acres.