The built-up area is 2.2 lakh square feet, with a FAR of 4. So, the cost includes not just the built-up area but also the cost of any additional FAR they may have purchased. Easily worth 50 crores + land.
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Starting Operations here may take minimum 1.5 to 2 years, considering planning, permissions and refitment. But reflective of good cash flow, good deal scouting, prudent investment and expansion.
Disclosure: invested
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