Jain Housing launches two mega residential projects

South-based Jain Housing & Constructions have launched its two mega residential 'Carlton Greek' projects on Saturday.

HYDERABAD: South-based Jain Housing & Constructions have launched its two mega residential 'Carlton Greek' projects on Saturday.

The company will construct 1,120 appartments in two phases investing Rs 950 crore, company's CEO Vijay Kumar Managing Director Sundeep Mehta told mediapersons here.

The project would be completed by 2011, they said. The company's last year turnover was Rs 280 crore with profit after tax was Rs 120 crore, they said.

Jains' portfolio includes over 150 residential projects that include 4.5 million sq ft of completed project and over 10 million sq ft of on-going projects.

Mehta, said "Exuding elegance, grandeur and style, this ultra indulgent residential offering unfolds a refreshing idiom of home design that radiates a pleasing balance of form and function".
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