AU Real Estate to invest Rs 600 crore in luxury residential project in Ghaziabad

AU Real Estate will invest Rs 600 crore in "The Sunflower," a luxury residential project in Aditya World City, Ghaziabad. The project will feature five towers with 30 floors each, offering a total of 595 units spread over 6.94 acres. The property will have 3 and 4 BHK apartments ranging from 2700 to 4000 square feet. It will also include a 70,000 sq ft lobby area in each tower. The company plans to fund the project through sales receivable and internal funds, capitalising on the post Covid surge in residential real estate demand.
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