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‘Perfect’ Affordable Homes From Akruti 01/04/2009
Mumbai based developer, Akruti City, has shifted its focus from hospitality, retail and township projects to affordable homes. Under the brand name of just perfect Homes, it will build homes priced at Rs. 22 lakhs- Rs. 32 Lakhs. In the first phase, three projects would be developed one each in Mira Road, Pokhran Road in Thane and Kondhwa in Pune. A capital expenditure of Rs. 1500 crores has been earmarked for the projects, expected to be completed in 2-3 years.

Meanwhile Omaxe earmarked Rs. 175 crores for constructing 1050 homes of 1-2 BHK. These affordable apartments in semi or fully furnished format will cost about Rs. 12 lakhs.
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