Kolkata-based construction firm GPT Group has entered real estate business. Announcing its maiden real estate project ‘Poorvi’, Atul Tantia, Director, GPT Group, said the company would invest between Rs 80 crore and Rs 100 crore in real estate segment, GPT Developers Ltd, over the next 18 months. The Poorvi project is expected to be completed by November 2015, Tantia added. The company’s is also evaluating proposals for 2-3 other projects.

(This article was published on October 9, 2013)
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