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Ramky Estates plans Rs 1,700 cr investment

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Press Trust of India Hyderabad

Ramky Estates and Farms today said it plans to invest Rs 1,700 crore in the next three to four years.

The announcement was made by Ramky Estates Executive Director M Nandakishore after the launch of a residential project here.

Besides this investment in Hyderabad, Chennai, and Bangalore, the realty firm will expand its construction activities in other parts of the country, including Mumbai and Kolkata, he told reporters.

Meanwhile, the company launched 'Ramky Towers Elite', a project consisting of two residential towers of 19 floors each in the city.

He said Ramky Group, a pioneer in waste management and infrastructure development, is developing 'Discover City' on a 750-acre plot in Hyderabad with foreign investment.

 

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First Published: Feb 08 2012 | 9:42 PM IST

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