By IANS,
New Delhi : City-based property developer Uppal Housing Ltd has launched Uppal’s Jade, a group housing project, in Faridabad.
The project, located in Sector 86, Faridabad, will be spread over 14 acres, the company announced Friday. The project will be developed at an estimated investment of Rs.2.5 billion ($59.5 million).
Uppal Group managing director Manish Uppal said: “Faridabad is on the fast track of becoming one of the emerging and happening cities near Delhi.”
“It has become the preferred destination for MNCs (multi-national corporations), the IT and ITES (information technology enabled services) and BPO sector and thus emerges as the next best investment destination in the national capital region (NCR),” he added.
The project is a mix of multi-storied condominiums and low budget apartments and would be ready for occupancy by the end of 2010.