PBEL Property Development (India) has launched the Phase II of PBEL City in Hyderabad.
The Phase II will have two towers named ‘Aurum’, comprising 394 apartments in two and three BHK flats of sizes ranging from 1,160 sq ft to 2,975 sq ft. PBEL Property is investing Rs 150 crore in the project. The company is a JV between Israel based Property and Building Corporation and Electra Real Estate and Hyderabad based Incor Infrastructure with 40:40:20 ratio.