Ramky Estates Plans Rs.1700-Crore Investment

Ramky Estates Plans bigimg1700-Crore Investment

By PTI   |   Monday, February 13, 2012
Hyderabad: Ramky Estates and Farms said it plans to invest rs1700 crore in the markets of Hyderabad, Chennai and Bangalore in the next 3 to 4 years. The announcement was made by Ramky Estates Executive Director M Nandakishore after the launch of a residential project here. Besides these cities, the realty firm will expand its construction activities in other parts of the country, including Mumbai and Kolkata, he told reporters. Meanwhile, the company launched 'Ramky Towers Elite', a project consisting of two residential towers of 19 floors each in the city. He said Ramky Group, a pioneer in waste management and infrastructure development, is developing a `Discover City' on a 750-acre plot in Hyderabad with foreign investment.

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