Mangaluru: In association with Bhargavi Builders, Nirmaan Homes laid the foundation stone for their new luxury residential apartment project, Kailash on February 14.
Managing director of Century Real Estate Holdings Private Limited, Ravindra Pai who inaugurated the event said that nearly 6.5% to 7% of the GDP comes from real estate. With the contributions from the supporting industries, GDP could rise to 14%.
He also added that with the creation of approximately 1.5 crore people from real estate, it is the second-largest job sector.
Ravindra Pai also said that by 2030, real estate alone will contribute up to USD 1 trillion. Either in the form of investment or any other NRI investment, it is the largest generator of foreign exchange in the country.
He also said that companies like Nirmaan Homes and Bhargavi Builders have to become model organizations for real estate to prosper. If the industry grows over 10% every year, the country will turn into a USD 5 trillion economy.
Commenting on the real estate project, MLA Dr Y Bharath Shetty said that a project like Kailash will create a lot of employment opportunities and will become a good landmark for the city.
MLA D Vedavyas Kamath who spoke at the event mentioned that he is working with builders to solve the key issues in the real estate industry, and aims to create better business-friendly opportunities.
The gathering was briefed about the pre-launch offer and the other amenities in Kailash. Within the next three days, 10 units of the 2BHK apartments are expected to be available for purchase under Rs 50 lakhs.
More details about the Kailash project:
Spacious visitors lobby with double height
Intercom and access-controlled lobby entrance
Rooftop infinity swimming pool
Space for indoor and outdoor games
Reticulated gas connection
Three automatic elevators
Car parking and generator facility
1105 sq ft 2BHK
1200 sq ft 2BHK
1400 sq ft 3BHK
1950 sq ft 3BHK
2200 sq ft 4BHK
2770 sq ft duplex (13th and 14th floor)
Interested buyers can contact the builders at the below address:
Suprabhat Building, Kapikad
Ph: +91 9611730555 /+91 7090933900
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