Financial Daily from THE HINDU group of publications Friday, Nov 26, 2004 |
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New Projects Industry & Economy - Real Estate & Construction Janapriya plans townships in Mumbai, Bangalore Our Bureau
Hyderabad , Nov. 25 JANAPRIYA Engineers Syndicate, a city-based housing construction company, has unveiled its plans to develop residential townships in Mumbai and Bangalore besides Hyderabad in the coming year. The company's new projects include construction of independent duplex houses and luxury flats near Sainikpuri and Badangipet here and at Manisankari, Sukantadatta and Neelamangala in Bangalore. Janapriya has also acquired land for building a township in Mumbai. Stating this at a press conference here on Thursday, the Janapriya group Chairman and Managing Director, Mr K. Ravinder Reddy, said that the company, which had completed 20 years this year, had so far built 18,000 flats in Hyderabad and Bangalore.
His son, Mr K. Kranti Kiran Reddy, has been inducted as the Executive Director of the company, the Janapriya chief said. Next year the company would start construction of luxury flats and independent duplex houses in a 22-acre site at Manisankari, Bangalore at a cost of Rs 175 crores.
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