3C Company expects sales realisation of Rs 18,000 cr in 7 yrs

NEW DELHI: Realty firm The 3C Company today said it is developing about 10 projects, largely residential, in Noida in Uttar Pradesh with an expected sales realisation of Rs 18,000 crore over the next seven years. At present, The 3C Company, which focuses on green buildings, is developing 23 million sq ft of area on about 200 acres of land. "We have completed construction of 250 housing units in our first housing project Lotus Boulevard at Noida in about 750 days. We are giving possession of the flats to buyers," The 3C Company Director Vidur Bharadwaj told reporters. The company is developing a total of 3,000 flats in this 30-acre project in various phases, he added. "We are currently working on various projects in Noida, which have an estimated sales realisation of about Rs 18,000 crore over the next 6-7 years," company's Director (Sales and Marketing) Brijesh Bhanote said. Bhanote further added that the company would soon launch a couple of more housing projects at Noida and Gurgaon. The 3C Company, which has land bank of more than 600 acre, has delivered many commercial projects in the national capital region. It also runs Lotus Valley International School at Noida and Gurgaon.

Source: http://economictimes.indiatimes.com/markets/real-estate/news-/3c-company-expects-sales-realisation-of-rs-18000-cr-in-7-yrs/articleshow/11554646.cms