Housing for All: Supertech to Invest Rs. 5,706 Cr in Haryana for Affordable Housing

March 10, 2016 | Last Modified: March 10, 2016 at 10:34 am

Supertech Group will invest around Rs. 5,706 crore in the real estate market of Haryana state. According to the source, Supertech will develop affordable housing projects and housing units on the way of promoting Housing for All Scheme.

This development of affordable housing units of Supertech will being an employment opportunities for 5,000 peoples of Haryana. The announcement for investing Rs. 5,706 was made after signing a memorandum of understanding (MoU) under which the Supertech will construct affordable housing projects in Haryana.

Supertech is a well-known name of real estate market and the group has constructed many project in Noida, Greater Noida, Ghaziabad, Gurgaon and Bengaluru of which few one are on process.

According to the statement of Supertech officials, the group is developing an affordable township in Gurgaon under Housing for All by 2022 which is an initiative of center government towards providing housing for all.

RK Arora, Chairman of Supertech quoted that the Haryana state has a lot of potential in terms of infrastructure and industrial development. The launch of affordablehousing scheme by Haryana government will boost the affordable housing projects in the state.