Real Estate News Rewari: Real Estate company Tathastu Realty has announced that it will develop an affordable housing project at Rewari, Haryana. In a media statement, Tathastu Realty said that it will invest Rs 500 crore to develop the new project.
According to Tathastu Realty, the new housing project will have 3,354 flats. The project will be developed as per Haryana's affordable housing policy guidelines.
The cost of the apartments is around Rs 30 lakh each, Tathastu Realty said in statement.
The flats are priced at Rs 4,500 per sq ft for a 645 sq ft unit. An additional 100 sq ft balcony is priced at 1,200 per sq ft.
Tathastu Realty said that it has already received more than 8,000 applications for the 3,354 flats. The allotment process has been completed through the prescribed draw system as per applicable norms.
"The response reflects the sustained aspiration for homeownership among families looking for quality housing at accessible price points," Neeraj K Mishra, Executive Director of Tathastu Realty, said.
Tathastu Realty is a subsidiary of Ganga Realty and is focused on developing affordable housing projects along with high street commercial developments in Sohna (Sectors 5 and 35) and Rewari (Sector 22).
Gurugram-based Ganga Realty is developing many real estate projects.
