SRK Group to invest Rs 5000 crore in various properties across country

SRK Group to invest Rs 5000 crore in various properties across countryPune-based SRK Group is planning to invest Rs 5,000 crore in developing various properties across the country over the next five years with plans to expand to new cities. The group has identified many projects in south India and other parts of the country to pump in about Rs 5,000 crore in the next five years in developing residential as well as commercial projects. According to the sources, SRK group plans to invest about Rs 2,000 crore in Kerala during the next five years. It is also likely to launch 3-4 residential projects in the state within the next six months. Apart from this, the group is also looking at high growth markets like Gurgaon, Ahmedabad, Pune and Chennai, where it plans to develop both residential and commercial properties. However, in Delhi, it plans to develop only commercial projects. The company would develop around 15 projects in these five cities with over 100 acres of land in total.

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