Casa Grande eyeing to launch 1,000 villas in 2013-14

CHENNAI: Real estate developer Casa Grande has lined up projects worth Rs 1,250 crore and plans to launch more than 1,000 villas during the current financial year, the company said.

"Casa Grande plans to launch 1,000 villas this fiscal and has projects worth Rs 1,250 crore in the pipeline...." the city-based company said in a statement.

The company has developed and sold 2.5 million sq ft properties so far, it said.

Meanwhile, the company announced its latest project -- Aldea, a garden themed project in Thoraipakkam on the famous Old Mahabalipuram Road.

Casa Grande Aldea will encompass 184 units on a 3 acres land at Thoraipakkam. The project comprises of one, three and four BHK apartments ranging from 600 sq.ft to 1,960 sq ft.

Casa Grande is offering the apartments at Rs 5,150 per sq ft, the statement added.