Realtor Tulsiani Group to invest Rs. 2,000 crore in UP.

Realtor Tulsiani Constructions and Developers Limited has planned to invest almost Rs. 2,000 crore in Uttar Pradesh over the next 3-4 years. The investment would flow in its various residential and commercial projects either already underway or in pipeline.

'We would be investing between Rs. 1,500 crore and Rs. 2,000 crore in the next 3-4 years in our projects. Our ongoing Meerut project alone would account for about Rs. 1,000 crore of investment,' company's chairman and managing director Anil Kumar Tulsiani told Business Standard.

Spread over 120 acres, the Meerut project entails development of residential flats and villas, apart from commercial space. 'The first phase of the Meerut project spanning 56 acres is underway and is expected to be completed by 2017-18,' he informed.

BS