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Business EconomyPosted at: Oct 13 2016 4:16PM


Lodha Group sells homes worth over Rs 690 cr in just 10 days

New Delhi, Oct 13 (UNI) Lodha Group today announced yet another successful pre-launch of its new neighbourhood, Codename Golden Tomorrow in Palava City, Mumbai by selling over 1,350 homes prior to its mega launch.
In a period of just 10 days, Palava, India’s first privately developed smart city, has sold homes worth Rs 690 crore.
According to Lodha Group announcement, it seems the revival of the real estate sector as far as sales in the festival season, especially Dussehra has hit a high. In last six years, Palava has already become home to more than 25,000 families, making it the fastest growing city in India.
Commenting on the success, Shaishav Dharia, Regional CEO, Lodha Group said, “The pre-launch achievement is a testimony of the trust shown by homebuyers in our capability to deliver high quality lifestyle, and not just homes. Palava has not only created demand in a highly competitive market but has also lived up to the expectations of 25,000 families who are a part of it by providing best in class technology, facilities, amenities and most importantly community development initiatives. We are constantly innovating and investing in futuristic technologies right from construction to sustainable development ensuring quality living for everyone.”
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