{"id":9414,"date":"2021-12-17T13:47:08","date_gmt":"2021-12-17T08:17:08","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-realty-ska-group\/"},"modified":"2021-12-17T14:05:13","modified_gmt":"2021-12-17T08:35:13","slug":"biz-realty-ska-group","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-realty-ska-group\/","title":{"rendered":"SKA group to invest Rs 400cr over next 5 yrs to build housing project in Noida"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1871147238\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>New Delhi, Dec 17 (PTI) Realty firm SKA Group will invest Rs 400 crore over the next five years to develop a luxury housing project in Noida, Uttar Pradesh.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1779318483\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The company has launched its new project &#8216;SKA Orion&#8217;, spread over 3.5 acres land parcel and comprising 508 units, on Noida Expressway, according to a statement.<\/p><p>&#8220;We have launched a new housing project in Noida. The total cost of the project is Rs 400 crore, of which Rs 300 crore is the cost of construction and Rs 100 crore is the land cost,&#8221; said Sanjay Sharma, Director, SKA Group.<\/p><p>The investment will be funded through equity funding, internal accruals, and advances from customers against sales, he added.<\/p><div class=\"trade-content_5\" id=\"trade-3327875296\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Noida-based SKA group has completed four projects in Noida, Greater Noida, and Ghaziabad, while five projects are under construction.<\/p><p>Sharma said the company has launched 308 units so far at a Rs 6,000 per square feet rate. &#8220;We have sold about 150 units till now. We are mainly targeting end-users.&#8221; He expects the housing demand to remain strong in coming years on Noida Expressway, particularly after the announcement of Jewar Airport.<\/p><p>Last month, Prime Minister Narendra Modi laid the foundation stone for the Noida International Airport at Jewar in Uttar Pradesh, which would be one of the largest in Asia.<\/p><p>According to a report by housing brokerage firm PropTiger, housing sales rose 1 per cent in Delhi-NCR at 4,458 units during the July-September quarter as against 4,427 units in the year-ago period. The sales grew by 58 per cent from 2,828 units in the previous quarter.<\/p><p>Sharma said the housing sales in the NCR improved further during the current quarter on the back of festive demand along with the other positive factors such as very low-interest rates on home loans. PTI MJH MJH SHW SHW<\/p><div class=\"trade-after-content\" id=\"trade-1901421122\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Dec 17 (PTI) Realty firm SKA Group will invest Rs 400 crore over the next five years to develop a luxury housing project in Noida, Uttar Pradesh. The company has launched its new project &#8216;SKA Orion&#8217;, spread over 3.5 acres land parcel and comprising 508 units, on Noida Expressway, according to a statement. [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":9422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31,1789],"tags":[],"class_list":["post-9414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-action","category-news","category-trending-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SKA group to invest Rs 400cr over next 5 yrs to build housing project in Noida - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-realty-ska-group\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SKA group to invest Rs 400cr over next 5 yrs to build housing project in Noida\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Dec 17 (PTI) Realty firm SKA Group will invest Rs 400 crore over the next five years to develop a luxury housing project in Noida, Uttar Pradesh. 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