Noida-based CRC group announces investment of Rs. 525 Crore for a new luxury housing project in Greater Noida West.
CRC Group founder and CEO Kunal Bhalla said it is an ultra-luxury residential project that includes land cost. He further said internal accruals will be used for the development and construction work of the project, which is named CRC Maesta.
The organisation will perform bhoomi-puja for this ultra-luxury project on November 09. It is the fifth real estate project by the CRC group and the company aims to deliver it in 42 months.
For this premium gated community, the developer roped in Hafeez Contractor as the principal architect.
The project will have 358 premium apartments in five towers of 29, 30, and 32 floors. It will have 3BHK and 4BHK apartments ranging between 1720 sq ft to 2650 sq ft. on 3.65 acres approximately.
“Our new project is a significant step forward for CRC Group as we enter the ultra-luxury segment,” said Salil Kumar, Director-Marketing and Business Marketing, CRC Group.
The project CRC Maesta is a well-positioned residential address and a few minutes away from Sector 78 and 79. The strategic location ensures seamless connectivity to major academic institutions, offices, marketplaces, and other pivotal spheres.
By far, CRC Group completed two residential projects in Haridwar and Greater Noida West respectively. While developers two other projects are currently under construction.