Joyalukkas Group has ventured into real estate sector by launching 'Gold Tower' a premium residential project nearby Vazhakala in Kochi.
Gold Tower is a 22-storeyed 156 apartment project worth Rs 300 crore, consists of premium three, four-bedroom and supersize apartments inspired from the designs in Singapore and Middle East.
The residential project has 20, four-bedroom apartments; rest apartments will consist of three bedrooms. The work on the project has begun since May 2013 and is estimated to be completed by December 2016.
Joyalukkas Lifestyle Developers will handle the real estate sector for the group.
The other business segments of the Joyalukkas Group includes jewellery, fashion and silks business, luxury air charter, exchange- money exchange service, malls and electronics.