Pioneer Urban Land & Infrastructure to develop ultra luxury residential project in Gurugram
Gurugram-based real estate developer Pioneer Urban Land & Infrastructure Ltd has plans to develop an ultra-luxury serviced residences project in the city. The project, named Alura, will be located in Sector 62 along Golf Course Extension Road.
Spread over 6.99 acres of land, the project will comprise approximately 250 residences across two towers, with individual homes ranging from 7,000 sq ft to 15,000 sq ft. The firm is likely to invest around Rs 3,500 crore in the project and expects the project to generate sales realisation of more than Rs 9,000 crore.
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