Vipul to invest 2.5 bln rupees in Gurgaon housing project
Real estate firm Vipul Ltd said it will invest 2.5 billion rupees in a housing project near Gurgaon in northern India.
MUMBAI: Real estate firm Vipul Ltd said on Friday it will invest 2.5 billion rupees in a housing project near Gurgaon in northern India.
The project, with 1 million square feet of built-up space and comprising of two and three bedroom apartments, is expected to be completed by 2011, Vipul said in a statement via email.
Shares in the company were trading at 57.35 rupees, down 3.8 per cent in a weak Mumbai market.
The project, with 1 million square feet of built-up space and comprising of two and three bedroom apartments, is expected to be completed by 2011, Vipul said in a statement via email.
Shares in the company were trading at 57.35 rupees, down 3.8 per cent in a weak Mumbai market.
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