SSI, Unitech JV for township in Chennai

SSI stated that the joint development venture, based on 43:57 revenue sharing model, is expected to generate Rs 2000 crore cash flow for the company.

With approximately 4000 units and a total build up area of  7 million sq.ft the project is expected to be completed over 7 years. The project will be mainly developed as a residential township with supportive retail and commercial space.