Sj Developers plan Rs 15-cr Royal Heritage project

Sj Developers & Housing Limited, a city-based real estate player, has announced its latest residential project called 'Royal Heritage'. The Rs 15-crore project, which is to be developed at Patrapada, close to the site of the proposed All India Institute of Medical Sciences (AIIMS) on the outskirts of the city, is expected to be operational by December 2011.

Debidutta Mishra, managing director, Sj Developers & Housing Limited said, “The Royal Heritage project is being developed on 1.3 cares of land and it will have a total built-up area of 1.3 lakh sq ft. Construction work has already taken off and the project is set to be commissioned by December 2011.”

The company, which has the distinction of developing projects like Royal Garden, Royal Tower and Royal Heights in the city, has already invested Rs four crore on the Royal Heritage project.

The Royal Heritage would consist of 70 flats in all in eight storeys and it would offer a mix of one BHK (bedroom hall kitchen), two-BHK, three-BHK and four-BHK flats. While the built-up area of a single BHK flat would be 650 sq ft the carpet area for two-four BHK flats would range from 1300-3000 sq ft. The flats are priced at Rs 2500 per sq ft.

Bookings for these flats have already begun and so far 37 flats have been booked, Mishra claimed.

The Royal Heritage would offer to its occupants a fully equipped gymnasium, a separate and secured play area, a recreation room, a large banquet hall and a library.

“With our emphasis on customer requirement, we are working more to develop sustainable infrastructure, landscaping, clubs and facility management in all our projects.

As the developers of this project, Sj brings with itself more than seven years of experience in the realty sector in the state. Being a local player, we have an advantage to judge the mindset of the customers and their basic needs”, said Mishra.

Sj Developers is planning to launch real estate projects in other towns of the state like Angul, Berhampur and Puri and the company is the process of creating land banks in these locations.