Brick Eagle founder forays into realty development
The company has announced the launch of its first project Olympeo Riverside, an integrated township spread across 25 acres
Jan 06, 2015
Source : Business Standard

 

Mumbai: Prabhat Ranjan, co-founder of Brick Eagle, a financial services platform for the affordable housing, has forayed into development, incorporating a new venture Infrastructure.

The company has announced the launch of its first project Olympeo Riverside, an integrated township spread across 25 acres on the banks of Ulhas River, in the Neral-Karjat belt, an extended Mumbai suburb.

Olympeo Riverside is expected to generate revenues of over Rs. 300 crore.

Commenting on the launch, Prabhat Ranjan, Chairman and MD, Olympeo stated, “Everyone deserves a lifestyle that celebrates everyday living. A lifestyle that ensures well-being of family, that truly makes one come alive and live an active life. But only a select few can actually afford it. With this township, we intend to provide an active lifestyle that suits everyone’s pocket at an upcoming location of Neral-Karjat, accessible to every income bracket. Olympeo Riverside is our new year gift that suits every pocket, apart from incorporating the best of modern amenities and infrastructure for a healthy and eco-friendly lifestyle."

Latest Realty News

'Stakeholder sentiment in residential realty remained subdued'
Jan 06, 2015
Mumbai: Despite signs of revival in the Indian economy, the stake-holder sentiment in the residential real estate space did not improve
Odisha to make low-cost houses for poor
Jan 06, 2015
Bhubaneswar: Odisha CM Naveen Patnaik today announced Rs 15,000 crore to Rs 20,000 crore to be spent on the programme to provide low-cost affordable housing for the poor
Congress tops list of real estate beneficiaries
Jan 06, 2015
New Delhi: Congress has been the biggest beneficiary of the government’s real estate largesse to political parties
Real Estate Developers rushing to get approval for projects in CRZ
Jan 06, 2015
Mumbai: Real Estate developers are approaching the Bombay High court to get their individual projects for high-rises along the coastline approved
Sovereign, pension funds bet big on commercial realty
Jan 06, 2015
Mumbai: The new year could well turn out to be a big one for the commercial real estate sector
Changes in land laws balances development, compensation: Jaitley
Jan 05, 2015
New Delhi: Brushing aside criticism against changes in land acquisition laws, Finance Minister Arun Jaitley on said the amendments would ensure higher compensation to landowners
Rajasthan cancels 18 mutation of land in Bikaner
Jan 05, 2015
Jaipur: The Rajasthan government has cancelled the mutation of about 374.44 hectares, a part of which was said to be owned by Robert Vadra’s company, in Bikaner’s Kolayat region
Choices galore at three-day housing exhibition
Jan 05, 2015
Tiruchirapalli: A three-day housing expo, Fairpro 2015, organised by Confederation of Real Estate Developer’s Association of India (CREDAI), got underway in the city
Affordable housing scheme for EPFO subscribers in the works
Jan 05, 2015
NEW DELHI: The labour ministry is preparing a mega housing scheme to offer affordable houses to over 5 crore subscribers of retirement fund body EPFO
What are Ready Reckoner Rates and what they mean for home buyers?
Jan 05, 2015
Mumbai: While numerous factors contribute to the hike in real estate prices, there is one significant factor, known as “ready reckoner rate”

Latest Realty News Of State

Realty Talk's