Real estate firm Ansal Housing & Construction on Friday said that it would develop over 500 luxury housing units in Maharashtra, which could fetch the company a revenue to the tune of Rs 400 crore.
The company has already launched the 225-acre project - Ansals Suvarna Vilas - at Shahpur in Thane, near Mumbai.
“In all Ansal Suvarna Vilas will have over 500 Thai style villas with an expected turnover of Rs 400 crore,” Ansal Housing & Construction said in a filing to the Bombay Stock Exchange (BSE).
The project would be developed in phases with the first phase of 25 acres expected to complete within two years, the filing added.
