Residential project clocks over Rs 900 crore sales

Chennai: Phase Two of Elevate, a joint residential development by Hines and Conscient Infrastructure Pvt Ltd, has been recently launched.

The first phase of the project, which was launched in June 2019, has been a success clocking a sale of over Rs 900 crore, a statement said.

Phase 2 of the project has witnessed immediate traction with homebuyers from NCR showing keen interest, it added.

Hines and Conscient announced a JV to develop Elevate in June 2019. The premium project is Hines’s first residential venture in India. Conscient Infrastructure is the developer for the project while Hines is the investment manager and advisor.

 

NT Bureau