Supertech To Invest Rs 2,400 Cr
Noida-based real estate firm Supertech plans to invest Rs 2,400 crore over the next five years to develop a township project in Gurgaon. The project – Hill Town – is spread over an area of 140 acres, which the company bought from Parsvnath Developers. Supertech will build 1,900 flats and 1,800 independent homes/villas in this township project. “We have completed the deal to buy 140 acres land from Parsvnath Developers for about Rs 700 crore,” Supertech Managing Director Mohit Arora said in a statement.