The Hyderabad Deccan English Daily


Phase-I possession starts at Eden City



Kolkata, Sept 10 (IBNS): The handing over process of possession of Eden City Maheshtala, one of the largest housing projects of Kolkata, has commenced in a phased manner, officials said o Monday.

In all, 1400 families will receive they keys of their new abode in Eden City Maheshtala in the first phase.

With only a distance of 8 kms from Alipore, Kolkata's most aristocratic area, Maheshtala has fast evolved as the new South Kolkata.

Eden City Maheshtala, spread over 22 acres is the first FDI funded Real Estate project in East India, funded by UK based F&C REIT Asset Management. 27 towers will be handed over in Phase-I.

The total investment for the project is around Rs 450 Crores.

The phase II booking has already started for the project.

"We are happy to announce that more than 200 families have already taken possession of their flats and many of them have started living," said Biswadeep Gupta, Vice President-Marketing, Eden City Group.

The project which was launched at Rs 1150 per sq ft has now gone up to Rs 2700- per sq ft.


2012-09-10






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