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Surabhi Chemicals & Investments enters into agreement to acquire 1223.61 sq. mtrs. land at Nagpur

06 May 2013 Evaluate

Surabhi Chemicals & Investments with a view to venture itself into the arena of infrastructure sector has obtained the approval of its members on December 01, 2012 to diversify into real estate and infra sector. To gear up the real estate operations, Surabhi has entered into an agreement to acquire 1223.61 sq mtrs of land within the limits of Nagpur Municipal Corporation.

The land admeasuring 1223.61 sq mtrs is situated at Harpur of Nagpur. The total consideration for said land is Rs 527.20 lakh and the company proposes to construct residential and commercial units on same.

Surabhi Chemicals & Investments is engaged in finance and investment sector. The company was incorporated in 1985 and is based at Surat in India.

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