Chennai Real Estate Property: Estancia's big plans for chennai real estate

Monday, April 30, 2007

Estancia's big plans for chennai real estate

It is his customers 'walk' to their destinations, offices, mall or school- that the P Suresh, 49, managing director, Arun Excello Infrastructure Pvt Ltd expects would propel him into the bigger real estate league.

The Rs100-crore turnover group that sold over 1,000 residential apartments promoting 19 projects, is planning to double that number in a single project called Estancia. An integrated township project, it comprises an IT park, school, shopping mall, hotel and serviced apartments coming up at Vallencheri, on GST Road near Chennai.

Undoubtedly, the Rs1,500 crore project on a 78-acre plot is a Hanuman jump for the group headed by this mechanical engineer from Guindy Engineering College, Chennai and an MTech from IIT, Kharagpur. All these years the group was promoting projects in the band of 3-4 acres

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