Delhi-based real estate player Eldeco Group announced launching of its first residential project Eldeco Estate One in Punjab. Coming up over an area of 80 acres in Ludhiana, Eldeco Estate One would have villas, independent floors and group housing.
Having already acquired the land and licences for the project, the company plans to enter Jalandhar next. With over 80 acres of land in Jalandhar, the company is backed by ‘FDI private equity’ for the project.
Commenting on the residential project in Ludhiana, Managing Director, Eldeco Group Pankaj Bajaj said, Eldeco Mansionz would be the first offering from the bouquet of options at Eldeco Estate One coming in Ludhiana. Eldeco Mansionz would have 450 independent villa style living in a planned and well maintained environment.