Sri Krisna Enter Into Affordable Housing Business
Sri Krishna Constructions (India) Limited has proposed to enter into affordable housing scape, The company has identified 2.5 acres of land at kambipura village, Kengeri Hobli, Bangalore for development of the project. The company has also started collecting applications from aspirants and the company has received a huge response. Already more than 100 applications have been received.
The company intends to execute around 400 units of affordable apartments in the said project and expects a revenue of around Rs. 90.00 Crores in next 6 to 8 quarters. Also, the company expects a profit of around Rs. 10.00 Crores from the project.