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16-Mar-2020 19:52

"Currently we are talking to land owners to acquire land, but nothing has been finalised yet," he added.

Apart from Delhi, where SRK Group plans to develop only commercial projects, in all the other cities it will develop both residential and commercial properties.

LINK Real estate firm SRK Group aims to invest Rs 5000 crore in developing various properties across the country over the next five years with plans to expand to new cities.

"We are looking to develop about 15 projects in these five new cities with over 100 acres of land in total," Malik said.

The group, which is currently developing 20 projects in south India, is also planning to construct 100 housing units for Adivasis and poor people in Kerala free of cost, he said.

"We will also be launching healthcare facilities and ambulance services in rural Kerala," he added.

The government on Monday approved 10 road projects to be build with the help of private firms at a cost of 105.07 billion rupees (.5 billion), the finance ministry said in a statement.

LINK Real estate firm SRK Group aims to invest Rs 5000 crore in developing various properties across the country over the next five years with plans to expand to new cities.

"We are looking to develop about 15 projects in these five new cities with over 100 acres of land in total," Malik said.

The group, which is currently developing 20 projects in south India, is also planning to construct 100 housing units for Adivasis and poor people in Kerala free of cost, he said.

"We will also be launching healthcare facilities and ambulance services in rural Kerala," he added.

The government on Monday approved 10 road projects to be build with the help of private firms at a cost of 105.07 billion rupees (.5 billion), the finance ministry said in a statement.

The foundation stone of the plant would be laid Aug 23 by Defence Minister AK Antony at the Kinfra Industrial Park, said the release.