|Hyderabad-based IVR Prime, the real estate subsidiary of IVRCL, will be focusing on mass housing, targeting income earners between Rs 25,000 and Rs 40,000 per month.|
|"Our large integrated townships currently underway would be built at affordable prices of Rs 18 lakh to Rs 20 lakh per house and will have 800 square feet of built- up area in a 200-sq yard plot," E Sunil Reddy, managing director, IVR Prime, said here today.|
|The company is currently developing a couple of integrated housing projects at Chennai and Sriperambadur in Tamil Nadu and similar projects in Hyderabad and other locations.|
|Over 63 per cent of the proposed development of these housing projects is coming up in Tamil Nadu alone, according to Reddy.|
|In Hyderabad, the company is developing a shopping mall-cum-entertainment project at a cost of Rs 334 crore at Gachibowli.|
|The company owns a land bank of about 2,500 acre of which about 1,000 acre is being developed near Chennai.|
Chennai-based cloud solution provider Ramco Systems, on Tuesday announced that the company has won an order from Hevilift Group.