SSPDL has signed a Joint Development Agreement (JDA) for the development of premium residential apartments in Prithvi Avenue, Chennai. The total area of the development is about 14,500 square feet with 25% being SSPDL share.
The approximate sale value of the apartments is Rs 32 crore and SSPDL’s share is Rs 8 crore. This project is expected to be completed in about 18 months from the date of necessary approvals.
SSPDL, formerly the Srinivasa Shipping and Property Development established in 1994, is a leading infrastructure and real estate development company in south India.
