With an investment of Rs1350 crore realty firm Supertech has launchedIts new project 'The Romano' in Noida sector-118 on Monday.
“Total cost on this project is Rs 1,350 crore. We have got all the regulatory approvals to develop this project. We have started construction work and project will be delivered by December 2016,” said Supertech Chairman and Managing Director R K Arora.
We are giving Rs 200 per sq ft initial discount to customers,” Supertech Director Mohit Arora said.
On the current market scenario, Arora said the sales have picked up from this month.
When asked about international tie- ups Mohit informed the company has roped in UK-based yoo Worldwide to do interior designing for its two luxury housing projects in Gurgaon.
“We are in talks with Austria-based Swarovski for interior designing of one of our projects,” he added.
last year, it had tied up with Italian fashion brand Armani group for interior designing of 100 super luxury residences in a mixed-use project at Noida.
Supertech has already completed more than 33 million sq ft of residential and commercial properties.
With projects worth Rs 18,000 crore in hand, the company has over 90 million square feet under construction. It has presence in Noida, Greater Noida, Gurgaon, Ghaziabad, Meerut, Moradabad, Haridwar, Rudrapur and Bengaluru.