Work on Arihant Indo Africa Infrastructure's (AIAI) proposed integrated
township 'Star Hills' at Vijayawada in Guntur district of Andhra Pradesh is
expected to commence by April. AIAI is a JV between Indo African Industries and
Chennai-based Arihant Foundations & Housing.
Land has been acquired for the venture and the company was awaiting approvals
from Hyderabad Urban Development Authority.
The company plans to set up the township on 53 acre at an outlay of Rs.1,000
crore. The project to be implemented in two phases is likely to comprise 129
towers of 12-15 floors with 3,000 apartments, office space, mall and three
screens multiplex. The company has appointed Singapore's Architects Team 3 Pte.
Ltd, and Natraj & Venkat, Chennai as architects for the project while Shapoorji
Pallonji & Co Ltd. are the consultant & contractor for the township.
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