Sahara appoints infrastructure companies to construct residential units at Sahara City Homes Nagpur

 Along with Sricon, other four companies awarded with the contract for Nagpur Township

Mumbai, September 01 2008: Sahara group under its real estate business has appointed five Infrastructure & Construction companies including Sricon Infrastructure for the construction work of the proposed township Sahara City Homes, Nagpur. Under these contracts , residential units including High rise apartment blocks, Independent row houses & Bungalows are proposed to be taken up for construction as per the quality norms of Sahara City Homes. The Nagpur project is a part of Sahara City Homes, a chain of townships proposed to be developed across 217 cities across India.

Sricon Infrastructure , a subsidiary of Indian Globalization Capital, Inc., a company developing infrastructure in India is one of the selected companies appointed for construction of nine high rise apartment blocks at Sahara City Homes, Nagpur. 35 Crores worth contract includes structural construction of one Great (1 Bedroom units), four crown (2 bedroom/2 Bedroom+ Terrace/Penthouse units) and 4 gorgeous (2 Bedroom/2 Bedroom + Study/3 Bedroom/Penthouse units) blocks. The work is proposed to commence by the end of this quarter i.e. by September 2008.

The other construction companies which are already on board are Kaybee Engineers & Construction Pvt. Ltd. whichis constructing High Rise block including three Crowns and four Gorgeous blocks, Mall Construction which is developing one Crown and three gorgeous High rise blocks, Rana Construction is constructing 56 Independent semi-detached houses while Laxmi Construction is constructing of 66 Independent Row Houses and 42 Independent Bungalows. These companies have been selected by Sahara on their past records and quality of work. The companies will follow ‘Sahara City Homes’ quality norms and adherence to multi level quality checks as per the Bureau of Indian Standards (B.I.S) codes employed by Sahara Quality Laboratory. While the raw material for the construction is procured by Sahara, the companies have to maintain the norms for aggregates, work in progress and adhere to the architectural precisions set in Sahara Quality Lab.

On these tie-ups, Mr. Suryavir Singh, official spokesperson said,“We are happy to announce our association with different construction companies for the construction work of Sahara City Homes, Nagpur.” He further added, “Sahara City Homes proposes to provide quality lifestyle to the city of Nagpur and we are confident that this association will help us in providing our customers with quality living standard at our township.”

On this occasion, one of the senior officials from the beneficiary construction company said, “It is a moment of joy for us to bag such a coveted contract and working on these parameters is an opportunity in itself. We are confident that we will match to these delivery parameters.”

The construction work of 20 residential blocks 1060 Apartments and 160 Independent Houses at [106.65 acre] township Sahara City Homes, Nagpur is already in progress with completion rate of approximately [30%]. The construction work of Club has already commenced.

Sahara City Homes, Nagpur located at Wardha Road, has [2,789] residential units, ranging from 1 to 5 bedrooms High Rise Apartments, Mid Rise Apartments, Independent Row Houses and Independent Bungalows. High Rise Blocks in Stilt+ 9 floors will have 1, 2 & 3 bedroom apartments and Mid Rise Blocks in Stilt+ 6 floorswill have 3-4 bedroom duplex apartments. Independent Row Houses and Independent Bungalows will have 2-5 bedrooms independent units. The total residential built up area of Sahara City Homes, Nagpur is [34 lac sq.ft] and commercial built up area is [3 lac sq. ft].

Sahara City Homes township plans to offer its residents many amenities include, Multi Level Security System, Transport Services, Power Supply with full back-up, Air Conditioned Township, Hospital, School, Shopping Malls & Multiplexes, Hotels & Club, Clubs & Community Centers, e ssential services, well integrated Infrastructure Back-up, Retirement Home, Seamless Connectivity, Sahara Care House, Environment Conservation and Floodlit Central Park.