Landmark Construction has earmarked Rs 460 crore to invest in various residential projects by 2015.
The company has launched ‘walk in and live’ model villas called “The Grange” on ECR. The ultra premium villas are located in Palavakkam extending over 45.38 grounds. The project houses a total of 28 villas. Each villa is approximately 4,800 sq. ft located over three floors. The project cost is estimated at Rs 165 crore. It will be completed in next 18 months. Besides, the company is developing a project at Poes garden to be spread over 30,000 sq ft.
The company develops the projects through JV mode, whereby the land will belong to the partner, so the investments would be on the construction. Currently, the company has 14 ongoing projects and 13 projects signed on.