Popular Estate Management has signed an MoU with the Gujarat government represented by Ahmedabad Urban Development Authority for establishment of four township projects in the state at a total investment of Rs.8,028 crore.

The first Popular Integrated Township will come up at Andej, Taluka Sanand at an investment of Rs.1,296 crore. The company's second project Popular Integrated Township-I will come up in Godhavi and Ghuma villages of Ahmedabad at an investment of Rs.3,042 crore.

The third township Popular Integrated Township-II will come up at Garodia, Vansajada & Unali of Ahmedabad at a proposed investment of Rs.2,970 crore. The fourth project Affordable Housing For MIG (middle income group) will come up at Vadaj at Ahmedabad at an estimated outlay of Rs.720 crore.

The company will commence work on the projects in 2009 and complete them by 2012.