Vipul launches ?Lavanya? apartments?

New Delhi : Vipul Ltd, the leading realty company in Delhi NCR, announced the launch of group housing ?Lavanya Apartments? at Gurgaon.

The project is spread over 10 acres and will carry a realization value of Rs 255 crore.

The region where the project is being developed is surrounded by many commercial opportunities including the industrial hubs of Manesar, Bhiwadi and Daruhera.

The mid segment apartments are aimed at providing an eco friendly and price sensitive option for customers who can enjoy the serenity of an open and natural environment for living while being close to their work places, said the company on Monday.

Speaking on the occasion, Guninder Singh, Chief Executive, Vipul Ltd said, ?We have designed Lavanya Apartments to suffice the huge demand for quality housing at affordable rates in Gurgaon. The project is a balance between aesthetics and functionality in best environs. The key feature of the project is also its strategic location off the National Highway.?

Lavanya Apartments will have a built up area of 9, 00,000 Sq.Ft and will offer 470 units spread in 10 residential towers. Customers have an option to choose from the range of 2-BHK,3 – BHK and 4-BHK The apartments are available at the ticket price of Rs. 3250 per sq feet.

The project will be ready for occupancy by 2013, said the company.